Hunton Andrews Kurth Advises Sales Agents in NextEra Energy Partners LP’s Establishment of At-the-Market Program to Sell Up to $500 Million of Common Units

Time 1 Minute Read
March 29, 2023
News

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 $500 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, 2022, NEP owned a controlling, non-economic general partner interest and an approximately 46.2% limited partner interest in NEP OpCo. Through NEP OpCo, NEP has ownership interests in a portfolio of contracted renewable generation assets consisting of wind, solar and solar-plus-storage projects, as well as contracted natural gas pipeline assets.

The Hunton Andrews Kurth team included Steve C. Friend, Brendan P. Harney, Michelle G. Chan and Monika M. Dziewa.

Jump to Page