Hunton Andrews Kurth Advises Sales Agents in NextEra Energy Partners LP’s Establishment of At-the-Market Program to Sell Up to $300 Million of Common Units

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April 26, 2022
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Hunton Andrews Kurth LLP advised sales agents in connection with the establishment of the at-the-market program for NextEra Energy Partners LP (“NEP”) to sell up to an aggregate $300 million of its common units representing limited partner interests from time to time through the sales agents.

NEP is a growth-oriented limited partnership formed to acquire, manage and own contracted clean energy projects with stable long-term cash flows. At December 31, 2021, NEP owned a controlling, non-economic general partner interest and an approximately 45.3% limited partner interest in NEP OpCo. Through NEP OpCo, NEP has ownership interests in a portfolio of contracted renewable generation assets consisting of wind and solar projects, and a portfolio of contracted natural gas pipeline assets.

The Hunton Andrews Kurth team included Steve C. Friend, Patrick C. Jamieson, Michelle G. Chan and Reuben H. Pearlman.

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