Initial Public Offering
Baird served as a co-manager on this offering
AboutNextEra Energy Partners, LP (the “Company”) (NYSE: NEP) recently completed an initial public offering of 18,687,500 shares of common units at a price of $25.00 per unit, generating gross proceeds of $467.2 million. The Company intends to use the net proceeds from the offering for general corporate purposes, including funding future acquisitions.
NextEra Energy Partners, LP is a growth-oriented limited partnership formed by NextEra Energy, Inc. (NYSE:NEE) to own, operate and acquire contracted clean energy projects. The Company owns interests in ten wind and solar projects and is based in Juno Beach, Florida.
For additional information about this transaction, please contact:
- June 2014
- NextEra Energy Partners, LP
- Target Location
- North America