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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
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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 Next ....

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NextEra Energy Partners (NEP) Q1 2021 Earnings Call Transcript


NextEra Energy Partners (NEP) Q1 2021 Earnings Call Transcript
Motley Fool Transcribing
© The Motley Fool
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NextEra Energy Partners (NYSE: NEP)
Q1 2021 Earnings Call
Good day and welcome to the NextEra Energy and NextEra Energy Partners first-quarter 2021 conference call. [Operator instructions] Please note, this event is being recorded. I would now like to turn the conference over to Jessica Aldridge, director of investor relations. Please go ahead, ma am.
Jessica Aldridge
Director of Investor Relations
Thank you, Rocco. Good morning, everyone, and thank you for joining our first-quarter 2021 combined earnings conference call for NextEra Energy and NextEra Energy Partners. With me this morning are Jim Robo, chairman and chief executive officer of NextEra Energy; Rebecca Kujawa, executive vice president and chief financial officer of NextEra Energy; John Ketchum, president and chie ....

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