Author Bio
Reuben Gregg Brewer believes dividends are a window into a company s soul. He tries to invest in good souls.
NextEra Energy Partners (NYSE:NEP) is poised to take advantage of the increasingly important shift toward clean energy. That s great, but it isn t enough on its own to make the business a buy. Here are some pros and cons that you need to think about before buying NextEra Energy Partners.
1. Parental guidance
One of the most important things to consider here is the relationship between master limited partnership (MLP) NextEra Energy Partners and
NextEra Energy (NYSE:NEE), its sponsor. Effectively, NextEra Energy created and runs NextEra Energy Partners to be a funding source. NextEra Energy builds renewable power assets and then sells them or drops them down, in industry lingo to NextEra Energy Partners. This can be a win-win scenario, so long as the parent in the relationship is large and financially strong which just so happens t