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Nextera Energy Partners LP (NEP)

NEP on New York Consolidated

41.55USD
22 Sep 2017
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Latest Key Developments (Source: Significant Developments)

Nextera Energy Partners announces pricing of senior notes and senior unsecured notes
Tuesday, 19 Sep 2017 06:45am EDT 

Sept 19 (Reuters) - Nextera Energy Partners Lp :Nextera Energy Partners Lp announces the pricing of $550 million of 4.25 percent senior notes due 2024 and $550 million of 4.50 percent senior unsecured notes due 2027.Nextera Energy - ‍notes to be fully , unconditionally guaranteed on senior basis by Nextera Energy Partners and Nextera Energy US Partners Holdings Llc​.  Full Article

NextEra Energy Partners Lp announces pricing of senior notes due 2020
Thursday, 7 Sep 2017 08:50am EDT 

Sept 7 (Reuters) - NextEra Energy Partners Lp :NextEra Energy Partners, Lp announces pricing of $300 million in aggregate principal amount of 1.50 percent convertible senior notes due 2020.NextEra Energy Partners-‍entered capped call deal with affiliate of initial purchaser with a lower strike price of $52.8625 and a cap price of $63.4350​.NextEra Energy-intends to use proceeds from offering to fund potential future acquisition of renewable energy assets from nextera energy resources, among others.  Full Article

NextEra Energy announces offering of $300 mln in aggregate principal amount of convertible senior notes
Wednesday, 6 Sep 2017 04:27pm EDT 

Sept 7 (Reuters) - NextEra Energy Partners LP :NextEra Energy Partners LP announces offering of $300 million in aggregate principal amount of convertible senior notes due 2020.NextEra Energy Partners LP - ‍intends to enter into a capped call transaction with initial purchaser of notes or its affiliate​.NextEra Energy Partners LP - ‍intends to use a portion of net proceeds from offering to fund potential future acquisition of renewable energy assets​.NextEra Energy Partners LP - got offer from Nextera Energy Resources to sell to partnership 25.9 percent interest in Desert Sunlight 250, Desert Sunlight 300​.NextEra Energy Partners LP - received offer from Nextera Energy Resources to sell Brady Wind i & Brady Wind ii, wind energy centers in Stark & Hettinger counties, North Dakota​.NextEra Energy Partners LP - got offer from Nextera Energy Resources to sell to partnership Javelina i, about 249.7-mw wind energy center in Texas.​.  Full Article

Nextera Energy says starting with 2017 annual meeting 3 of NEP board members to be appointed by NEP GP
Monday, 7 Aug 2017 08:17am EDT 

Aug 7 (Reuters) - Nextera Energy Partners Lp :Nextera Energy Partners LP says starting with 2017 annual meeting 3 of NEP board members to be appointed by NEP GP - SEC filing.Nextera Energy Partners LP says starting with 2017 annual meeting other four members will be elected by limited partners of NEP.  Full Article

Nextera Energy Partners Q2 total operating revenues $204 mln
Wednesday, 26 Jul 2017 07:47am EDT 

July 26 (Reuters) - Nextera Energy Partners Lp :Qtrly basic earnings per common unit $0.24.Qtrly total operating revenues $204 million versus $188 million.Q2 earnings per share view $0.40, revenue view $232.2 million -- Thomson Reuters I/B/E/S.Nextera Energy Partners LP - continues to expect run rate for adjusted EBITDA of $875 million - $975 million for forecasted portfolio at year-end 2017.Continues to expect CAFD $310 million-$340 million, reflecting calendar year 2018 expectation for forecasted portfolio at year-end 2017.Co well-positioned to meet long-term financial expectations without need to sell common equity until 2020 at earliest.  Full Article

Nextera Energy reports Q2 earnings
Wednesday, 26 Jul 2017 07:30am EDT 

July 26 (Reuters) - Nextera Energy Inc :Nextera Energy Inc - second-quarter 2017 net income attributable to Nextera Energy on a GAAP basis of $1.68 per share.Nextera Energy Inc - on an adjusted basis, nextera energy's second-quarter 2017 earnings were $1.86 per share.Q2 earnings per share view $1.76 -- Thomson Reuters I/B/E/S.Nextera Energy Inc - continues to expect adjusted earnings per share to be in the range of $6.35 to $6.85 for 2017.Nextera Energy - for 2018, co expects adjusted earnings per share to be in the range of $6.80 to $7.30 and in the range of $7.85 to $8.45 for 2020‍​.Qtrly operating revenue $4.40 billion versus $3.82 bln‍​.Q2 revenue view $4.35 billion -- Thomson Reuters I/B/E/S.Nextera Energy - for 2018, co expects adjusted earnings per share to be in the range of $6.80 to $7.30 and in the range of $7.85 to $8.45 for 2020.Fy2017 earnings per share view $6.70 -- Thomson Reuters I/B/E/S.Fy2018 earnings per share view $7.22 -- Thomson Reuters I/B/E/S.Nextera Energy - Nextera Energy Resources expects to bring total of about 10,100 mw to 16,500 mw of renewables into service from 2017 through 2020.  Full Article

Nextera Energy Partners' unit acquires Golden West Wind Holdings
Monday, 1 May 2017 05:06pm EDT 

May 1 (Reuters) - Nextera Energy Partners Lp :On May 1, co's unit acquired Golden West Wind Holdings, Llc for approximately $238 million - SEC filing.Nextera Energy Partners - deal also included assumption by co's unit of $184 million in existing liabilities related to differential membership interests.  Full Article

Nextera Energy reports Q1 adj EPS $1.75
Friday, 21 Apr 2017 07:30am EDT 

April 21 (Reuters) - Nextera Energy Inc :Reports Q1 2017 net income attributable to Nextera Energy on a GAAP basis of $3.37 per share.On an adjusted basis, Nextera Energy's first-quarter 2017 earnings were $1.75 per share.Nextera Energy - continues to expect adjusted EPS to be in the range of $6.35 to $6.85 for 2017 and in the range of $6.80 to $7.30 for 2018.Qtrly preliminary operating revenue $3.97 billion versus $3.84 billion.Q1 earnings per share view $1.56, revenue view $3.99 billion -- Thomson Reuters I/B/E/S.FY2017 earnings per share view $6.61 -- Thomson Reuters I/B/E/S.FY2018 earnings per share view $7.10 -- Thomson Reuters I/B/E/S.  Full Article

Nextera Energy Partners LP- unit of co entered into loan agreements
Tuesday, 4 Apr 2017 04:36pm EDT 

Nextera Energy Partners LP : Nextera Energy Partners LP - on March 29, unit of co entered into and borrowed $200 million under three variable rate senior secured term loan agreements . Principal on term loans is due in October 2018 ($100 million) and March 2019 ($100 million) .Nextera Energy Partners - proceeds of term loans may be used for $200 million payment of indemnity holdback related to acquisition of Texas pipeline business.  Full Article

Nextera Energy partners board declared quarterly distribution
Monday, 31 Oct 2016 07:30am EDT 

Nextera Energy Partners Lp : Board declared quarterly distribution of $0.34125 per common unit to unitholders of Nextera Energy Partners . Nextera Energy Partners LP says continues to expect 12 to 15 percent per year growth in limited partner distributions through 2020 . Nextera Energy says expects annualized rate of q4 2016 distribution to be in the range of $1.38 to $1.41 per common unit . Reported third-quarter 2016 net income attributable to Nextera Energy partners of $27 million . Nextera Energy continues to expect a Dec. 31, 2016, run rate for adjusted EBITDA of $670 million to $760 million . Qtrly operating revenue $186 million versus $115 million .Qtrly earnings per common unit $0.62.  Full Article

BRIEF-Nextera Energy Partners announces pricing of senior notes and senior unsecured notes

* Nextera Energy Partners Lp announces the pricing of $550 million of 4.25 percent senior notes due 2024 and $550 million of 4.50 percent senior unsecured notes due 2027