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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, Inc. (NYSE: NEE) has released its first-quarter 2023 financial results, available on its website. The company, a leader in clean energy, provides electricity to over 12 million Floridians through Florida Power & Light Company. The results will be discussed in a live investor presentation at 9 a.m. ET, also accessible on their website. NextEra Energy is recognized for its commitment to sustainability and innovation, leading the industry in renewable energy generation and battery storage. With a continued focus on clean, affordable electricity, the company is well-positioned for future growth. The investor presentation will also cover the financials of NextEra Energy Partners, LP (NYSE: NEP). For further details, visit their financial results page.

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NextEra Energy Partners, LP (NYSE: NEP) reported its first-quarter 2023 financial results on April 25, 2023. The results can be viewed on the company's website. During an investor presentation at 9 a.m. ET, management, including CEO John Ketchum and CFO Kirk Crews, will discuss these results, which will also touch upon NextEra Energy, Inc. (NYSE: NEE). NextEra Energy Partners focuses on acquiring and managing clean energy projects with stable cash flows and operates geographically diverse wind, solar, and energy storage projects across the U.S., along with natural gas infrastructure in Texas and Pennsylvania.

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NextEra Energy, Inc. (NYSE: NEE) will report its first-quarter 2023 financial results on April 25, 2023, before the NYSE opens. The results will be available on their website, and an advisory release will be issued via PR Newswire on the same day. A live webcast of the results discussion will begin at 9 a.m. ET on April 25, where CEO John Ketchum and CFO Kirk Crews will present. Key metrics from NextEra Energy Partners, LP (NYSE: NEP) will also be included. The company's clean energy initiatives include Florida Power & Light Company, which serves over 12 million people, and their renewable energy projects, making them the world's leading generator in this sector.

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NextEra Energy Partners, LP (NYSE: NEP) has announced it will release its first-quarter 2023 financial results on April 25, 2023, before the New York Stock Exchange opens. The financial data will be shared via a news release posted on their website. A live webcast of the investor presentation will follow at 9 a.m. ET on the same day, where management will discuss both NEP's and its parent company NextEra Energy, Inc. (NYSE: NEE) results. Results will be available online starting at 7:30 a.m. ET on April 25, with a replay accessible for 90 days. NextEra Energy Partners focuses on acquiring and managing clean energy projects, contributing to sustainable long-term cash flows.

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NextEra Energy Partners, LP (NYSE: NEP) announced it exercised its option to purchase 25% of minority equity in its 2019 STX Midstream financing from EIG for approximately $200 million. This transaction was completed by funding $150 million from the sale of common units and a draw on its credit facility. The company expects annualized distributions to grow by 12% to 15% through 2026, with projections of $3.64 to $3.74 per unit by February 2024. By the end of 2023, it anticipates adjusted EBITDA between $2.22 billion to $2.42 billion and CAFD between $770 million to $860 million.

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NextEra Energy, Inc. (NYSE: NEE) and NextEra Energy Partners, LP (NYSE: NEP) announced participation in investor meetings at the end of February and throughout March 2023. The management team will discuss long-term growth expectations for both companies. Presentations can be accessed by investors online. NextEra Energy, a leading clean energy provider, operates Florida Power & Light Company, serving over 12 million people, and is recognized for its sustainability efforts. NEP is focused on acquiring and managing contracted clean energy projects, with a strong cash flow outlook.

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NextEra Energy, Inc. (NYSE: NEE) announced the release of its fourth-quarter and full-year 2022 financial results on January 25, 2023. The company, known for being a leader in clean energy, provides electricity to over 12 million people across Florida through its subsidiary Florida Power & Light Company. NextEra Energy is also a major player in renewable energy generation, being the world's largest producer from wind and solar sources. Key financial metrics and insights will be discussed in an investor presentation beginning at 9 a.m. ET, which will also cover results for NextEra Energy Partners, LP (NYSE: NEP). For detailed results, visit www.NextEraEnergy.com/FinancialResults.

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NextEra Energy Partners, LP (NYSE: NEP) released its fourth-quarter and full-year 2022 financial results on January 25, 2023. The company's earnings and revenue details can be accessed via their website. During a live investor presentation, key executives will discuss these results, including insights related to NextEra Energy, Inc. (NYSE: NEE). NextEra Energy Partners focuses on acquiring and managing contracted clean energy projects that provide stable cash flows, with operations across wind, solar, and energy storage technologies in the U.S., as well as natural gas infrastructure in Texas and Pennsylvania.

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NextEra Energy Partners, LP (NYSE: NEP) will announce its Q4 and full-year 2022 financial results prior to the NYSE opening on Jan. 25, 2023. A news release will be available on its website. An investor presentation, including discussions on NextEra Energy, Inc. (NYSE: NEE) results, will take place at 9 a.m. ET on the same day. The presentation can be accessed via the company’s website, with results and slides downloadable starting at 7:30 a.m. ET.

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NextEra Energy Partners, LP (NYSE: NEP) announced the pricing of $500 million in 2.50% convertible senior notes due 2026. The offering, which closes on December 12, 2022, allows holders to convert notes into cash, common units, or a combination. The conversion rate reflects a 20% premium to the December 7, 2022, closing price of $79.11. Net proceeds of approximately $488.80 million will help finance a renewable portfolio acquisition, repay revolving credit borrowings, and cover offering expenses. The notes are not transferable unless registered.

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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 $16.78 as of November 22, 2024.

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

The market cap of NextEra Energy Partners, LP (NEP) is approximately 1.6B.

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

1.59B
84.39M
2.74%
60.84%
5.61%
Utilities - Renewable
Electric Services
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United States of America
JUNO BEACH