A growth-oriented limited partnership formed by NextEra Energy
A growth-oriented limited partnership formed by NextEra Energy, Inc., NextEra Energy Partners, LP (NYSE: NEP) acquires, manages and owns contracted clean energy projects with stable, long-term cash flows.They own interests in wind and solar projects in North America, as well as natural gas infrastructure assets in Texas. The renewable energy projects are fully contracted, use industry-leading technology and are located in regions that are favorable for generating energy from the wind and sun. The seven natural gas pipelines in the portfolio are all strategically located, serving power producers and municipalities in South Texas, processing plants and producers in the Eagle Ford Shale, and commercial and industrial customers in the Houston area. The NET Mexico Pipeline, the largest pipeline in the portfolio, provides a critical source of natural gas transportation for low-cost, U.S.-sourced shale gas to Mexico.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Dec 7, 2022 | Post-IPO Debt | $500M | — | — | — | Detail |
Oct 22, 2021 | Post-IPO Equity | $824M | 1 | Apollo | — | Detail |
Mar 5, 2019 | Post-IPO Equity | $0.90B | 1 | Kohlberg Kravis Roberts | — | Detail |
Jul 1, 2014 | IPO | $442.70M | — | — | — | Detail |
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
---|---|---|---|---|
Sep 8, 2016
Desert Sunlight Investment
|
Funding Round | $218M | Renewable Energy | — |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Apollo | Yes | Post-IPO Equity |
Kohlberg Kravis Roberts | Yes | Post-IPO Equity |