NextEra Energy Partners, LP - NEP STOCK NEWS

NextEra Energy Partners, LP (NYSE: NEP) will report its fourth-quarter and full-year 2021 financial results on Jan. 25, 2022, before the NYSE opens. The results will be available on its website, accompanied by a live investor presentation at 9 a.m. ET on the same day. Senior management, including CEO Jim Robo and CFO Rebecca Kujawa, will discuss the outcomes, including those of NextEra Energy, Inc. (NYSE: NEE). A replay of the webcast will be available for 90 days, ensuring stakeholders can access the crucial insights into the company’s financial performance.

NextEra Energy Partners, LP (NYSE: NEP) announced the early exercise of its buyout option for a minority equity interest in wind and solar assets acquired in 2018. The transaction, valued at approximately $885 million, involves issuing 7.25 million common units and paying $265 million in cash. This strategic move reflects strong asset performance and supports long-term growth objectives. The buyout is set to close on November 19, 2021. The company aims to fund the cash portion via existing credit facilities and project-level debt.

NextEra Energy Partners, LP (NYSE: NEP) announced that its resale registration statement on Form S-3 is expected to be effective on or about Dec. 3, 2021. This statement will allow the resale of common units convertible from $600 million in 0% convertible senior notes due 2025, originally issued on Dec. 3, 2020. Holders must submit a securityholder notice by Nov. 18, 2021, to be included in the registration. This registration does not constitute an offer to sell or buy securities until effective.

NextEra Energy (NYSE: NEE) and NextEra Energy Partners (NYSE: NEP) will participate in the EEI Financial Conference from Nov. 7 to 9, 2021, engaging in investor meetings throughout November and December. The management team plans to discuss long-term growth rate expectations for both companies. NextEra Energy is recognized as a leader in renewable energy generation and serves over 5.6 million customer accounts through its subsidiary, Florida Power & Light. Interested parties can access presentation materials on the respective investor websites.

NextEra Energy Partners (NYSE: NEP) announced its agreement to acquire a 50% stake in a 2,520-MW renewables portfolio for approximately $849 million. This acquisition, alongside a $824 million convertible equity financing with Apollo, enhances NEP's access to low-cost capital and expands its renewable energy footprint into three new states. The portfolio includes wind and solar assets with a weighted average contract life of 19 years, projected to contribute $184-$194 million in adjusted EBITDA and $58-$67 million in cash available for distribution (CAFD) in five years.

NextEra Energy, Inc. (NYSE: NEE) released its third-quarter 2021 financial results on its website, revealing its position as a leader in clean energy. The company serves over 5.6 million customer accounts in Florida through Florida Power & Light Company, the largest regulated utility in the U.S. NextEra Energy is recognized for its significant renewable energy generation, contributing to a cleaner environment. The company's investor presentation is scheduled for 9 a.m. ET, providing further insights into the performance and future outlook of both NextEra Energy and NextEra Energy Partners, LP (NYSE: NEP).

NextEra Energy Partners, LP (NYSE: NEP) has released its third-quarter 2021 financial results, accessible on their website. The company focuses on acquiring and managing clean energy projects with stable cash flows from wind, solar, and natural gas assets. An investor presentation, featuring CEO Jim Robo and CFO Rebecca Kujawa, will discuss these results live at 9 a.m. ET, with a replay available for 90 days. NextEra Energy Partners is formed by NextEra Energy, Inc. (NYSE: NEE) and operates diverse energy projects across the U.S.

NextEra Energy, Inc. (NEE) has announced the release date for its third-quarter 2021 financial results, scheduled for October 20, 2021, before the New York Stock Exchange opens. The results will be accessible on the company's website, with a live investor presentation at 9 a.m. ET the same day. This event will also cover financial results for NextEra Energy Partners, LP (NEP). NextEra Energy remains a leading clean energy provider with extensive operations in renewable energy and utility services, serving over 5.6 million consumer accounts.

NextEra Energy Partners, LP (NYSE: NEP) will report its third-quarter 2021 financial results on October 20, 2021, before NYSE opening. The results will be available on the company's website, with an advisory release on PR Newswire. An investor presentation will follow at 9 a.m. ET the same day, discussing results for both NEP and its parent, NextEra Energy, Inc. (NYSE: NEE). For access to the webcast and results, visit www.NextEraEnergyPartners.com/FinancialResults.