Initial Public Offering

Energy
Initial Public Offering

Summary

Baird served as a co-manager on this offering

About

NextEra 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:

John Lanza (414) 298-7669
Dick Waid (404) 264 2210
Peter Kies (414) 765-7262
Brian Cole (414) 298-1702
Lance Lange (414) 765-7079
Energy
Initial Public Offering
Date
June 2014
Company
NextEra Energy Partners, LP
Transaction
M&A
Sectors
Energy
Target Location
North America

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