NextEra Energy Partners

company

About

A growth-oriented limited partnership formed by NextEra Energy

Details

Last Funding Type
Post-IPO Debt
Last Funding Money Raised
$500M
Industries
Clean Energy,Energy,Transportation
Founded date
Jan 1, 2014
Number Of Employee
10001 - max
Operating Status
Active
Stock Symbol
nyse:NEP

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.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
$2.66B
NextEra Energy Partners has raised a total of $2.66B in funding over 2 rounds. Their latest funding was raised on Dec 7, 2022 from a Post-IPO Debt round.
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

Investments

Number of Investments
Number of Lead Investments
1
0
NextEra Energy Partners has made 1 investments. Their most recent investment was on Sep 8, 2016, when Desert Sunlight Investment raised $218M.
Date Company Name
Round Money Raised Industry Lead Investor
Funding Round $218M Renewable Energy

Investors

Number of Lead Investors
Number of Investors
2
2
NextEra Energy Partners is funded by 2 investors. Apollo and Kohlberg Kravis Roberts are the most recent investors.
Investor Name Lead Investor Funding Round
Apollo Yes Post-IPO Equity
Kohlberg Kravis Roberts Yes Post-IPO Equity

Employee Profiles

Number of Employee Profiles
5
NextEra Energy Partners has 5 current employee profiles, including Employee James Robo
Employee
Executive
Executive
Executive
Executive