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NextEra Energy Partners, LP announces agreement to upsize its existing 2020 convertible equity portfolio financing by $150 million

NextEra Energy Partners, LP announces agreement to upsize its existing 2020 convertible equity portfolio financing by $150 million News provided by Share this article Share this article JUNO BEACH, Fla., May 17, 2021 /PRNewswire/ NextEra Energy Partners, LP (NYSE: NEP) today announced that it has entered into an amended agreement to upsize by $150 million its existing convertible equity portfolio financing with KKR (the Investor), through its core infrastructure strategy. NextEra Energy Partners originally entered into the 10-year convertible equity portfolio financing in November 2020. The agreement announced today demonstrates the continued robust private infrastructure demand for the high-quality assets in NextEra Energy Partners portfolio and our strong continued relationship with KKR, which is providing us with an attractive low-cost source of capital, said Jim Robo, chairman and chief executive officer. This is a terrific source of capital for NextEra Energy Partner

NextEra Energy Partners, LP announces definitive agreement to acquire an approximately 400-megawatt portfolio of long-term contracted wind assets

Share this article Share this article JUNO BEACH, Fla., April 19, 2021 /PRNewswire/  NextEra Energy Partners, LP (NYSE: NEP) today announced that it has entered into a definitive agreement with Brookfield Renewable, a global owner and operator of renewable power assets, to acquire a 391-megawatt (MW) portfolio of four operating wind assets located in California and New Hampshire for a base purchase price of $733 million, subject to closing adjustments. This transaction demonstrates NextEra Energy Partners continued ability to execute its long-term growth plan, said Jim Robo, chairman and chief executive officer. This acquisition of approximately 400 megawatts of long-term contracted wind projects with high-credit-quality customers further enhances the diversity of the partnership s existing portfolio. This portfolio is an attractive acquisition for NextEra Energy Partners and is supported by our ability to leverage NextEra Energy Resources best-in-class operating platform t

NextEra Energy Partners, LP : announces definitive agreement to acquire an approximately 400-megawatt portfolio of long-term contracted wind assets

Message : Required fields JUNO BEACH, Fla., April 19, 2021 /PRNewswire/  NextEra Energy Partners, LP (NYSE: NEP) today announced that it has entered into a definitive agreement with Brookfield Renewable, a global owner and operator of renewable power assets, to acquire a 391-megawatt (MW) portfolio of four operating wind assets located in California and New Hampshire for a base purchase price of $733 million, subject to closing adjustments. This transaction demonstrates NextEra Energy Partners continued ability to execute its long-term growth plan, said Jim Robo, chairman and chief executive officer. This acquisition of approximately 400 megawatts of long-term contracted wind projects with high-credit-quality customers further enhances the diversity of the partnership s existing portfolio. This portfolio is an attractive acquisition for NextEra Energy Partners and is supported by our ability to leverage NextEra Energy Resources best-in-class operating platform to reduce cos

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