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NextEra Energy Partners, LP - NEP STOCK NEWS

Welcome to our dedicated page for NextEra Energy Partners, LP news (Ticker: NEP), a resource for investors and traders seeking the latest updates and insights on NextEra Energy Partners, LP stock.

NextEra Energy Partners, LP (NYSE: NEP) is a prominent player in the renewable energy sector, dedicated to acquiring, owning, and managing clean energy projects across the United States. Established in 2014 and based in Juno Beach, Florida, the company boasts a diverse portfolio of contracted renewable generation assets, including wind and solar projects, which form the backbone of its operations. Additionally, NEP owns and manages contracted natural gas pipeline assets, further enhancing its energy infrastructure.

The company's renewable energy assets are strategically spread across North America, focusing on wind, solar, and solar-plus-storage projects, as well as stand-alone battery storage initiatives. These assets are integral to NextEra Energy Partners' revenue generation, ensuring stable, long-term cash flows through contracted agreements.

NextEra Energy Partners is known for its growth-oriented approach, consistently expanding its portfolio through acquisitions of high-quality, contracted clean energy projects. The company’s financial health is robust, backed by long-term contracts and strategic partnerships that ensure a steady revenue stream.

Noteworthy achievements include the company's commitment to sustainability and its role as a leader in the renewable energy sector. In recent news, NextEra Energy Partners announced plans to report its fourth-quarter and full-year 2023 financial results on January 25, 2024. This announcement underscores the company's transparency and dedication to keeping investors informed about its financial performance and strategic developments.

For more detailed financial information and latest updates, investors can visit the official website at www.NextEraEnergyPartners.com/FinancialResults.

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NextEra Energy Partners has entered into a definitive agreement with Kinder Morgan to sell its Texas natural gas pipeline portfolio for $1.815 billion. The sale is expected to close in the first half of 2024 and is subject to certain conditions. The portfolio consists of seven pipelines that provide natural gas to Mexico and power producers in South Texas. The estimated adjusted EBITDA for 2023 is $181 million, with a sale price multiple of approximately 10 times. The proceeds from the sale will be used to pay off debt, complete buyouts, and pay down the corporate revolver.
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NextEra Energy, Inc. (NYSE: NEE) has posted its third-quarter 2023 financial results on its website. The company's senior management will discuss the results during an investor presentation. A replay will be available for 90 days.
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NextEra Energy Partners, LP has released its third-quarter 2023 financial results. The results can be accessed on the partnership's website. An investor presentation will also be held to discuss the results.
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NextEra Energy to report Q3 2023 financial results on October 24th
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NextEra Energy Partners, LP plans to report Q3 2023 financial results on Oct. 24, 2023.
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NextEra Energy Partners revises limited partner distribution growth rate to 5% to 8% per year through 2026, with a target of 6%. No growth equity expected until 2027. Plans to repower wind portfolio and acquire assets. Expects adjusted EBITDA of $1.9-2.1B and CAFD of $730-820M at year-end 2023. Q3 distribution per common unit to be $3.47, Q4 distribution to be $3.52. John Ketchum to present at conference.
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NextEra Energy, Inc. has released its second-quarter 2023 financial results. The company's chairman, president, and CEO, along with other senior management members, will discuss the results in an investor presentation.
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NextEra Energy, Inc. plans to report second-quarter 2023 financial results on July 25, 2023. The company will issue an advisory news release and hold an investor presentation. NextEra Energy is a leading clean energy company and owns Florida Power & Light Company, the largest electric utility in America.
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NextEra Energy Partners, LP (NYSE: NEP) will report its second-quarter 2023 financial results on July 25, 2023. The results will be available on the company's website and will be discussed during an investor presentation. NextEra Energy Partners is a growth-oriented limited partnership that acquires and manages clean energy projects.
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FAQ

What is the current stock price of NextEra Energy Partners, LP (NEP)?

The current stock price of NextEra Energy Partners, LP (NEP) is $10.54 as of January 31, 2025.

What is the market cap of NextEra Energy Partners, LP (NEP)?

The market cap of NextEra Energy Partners, LP (NEP) is approximately 994.3M.

What is NextEra Energy Partners, LP (NYSE: NEP)?

NextEra Energy Partners, LP is a growth-oriented limited partnership that acquires, owns, and manages contracted clean energy projects across the United States, including wind, solar, and natural gas infrastructure assets.

When was NextEra Energy Partners, LP founded?

NextEra Energy Partners, LP was founded in 2014.

Where is NextEra Energy Partners, LP headquartered?

NextEra Energy Partners, LP is headquartered in Juno Beach, Florida.

What types of projects does NextEra Energy Partners, LP own?

The company owns a portfolio of contracted renewable generation assets, including wind and solar projects, as well as contracted natural gas pipeline assets.

How does NextEra Energy Partners generate revenue?

NextEra Energy Partners generates revenue primarily through sales from its contracted renewable energy assets, including wind and solar projects.

What recent achievements has NextEra Energy Partners announced?

NextEra Energy Partners recently announced plans to report its fourth-quarter and full-year 2023 financial results on January 25, 2024.

Where can I find the latest financial results for NextEra Energy Partners?

The latest financial results can be found on the company's official website at www.NextEraEnergyPartners.com/FinancialResults.

What is the strategic focus of NextEra Energy Partners?

NextEra Energy Partners focuses on acquiring, managing, and owning contracted clean energy projects with stable, long-term cash flows.

Does NextEra Energy Partners own any storage projects?

Yes, NextEra Energy Partners owns solar-plus-storage projects and a stand-alone battery storage project in the U.S.

What is the relationship between NextEra Energy Partners and NextEra Energy, Inc.?

NextEra Energy Partners, LP is a growth-oriented limited partnership formed by NextEra Energy, Inc.
NextEra Energy Partners, LP

NYSE:NEP

NEP Rankings

NEP Stock Data

994.27M
84.36M
2.74%
62.33%
3.95%
Utilities - Renewable
Electric Services
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United States of America
JUNO BEACH