IPO planned for NextEra Energy Partners
May 27, 2014
NextEra Energy has announced that its limited partnership, NextEra Energy Partners (NEP), has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC).
The initiative has been taken in anticipation of a proposed initial public offering of common units representing limited partnership interests of NEP.
NEP was formed by NextEra Energy to own, operate and acquire contracted clean energy projects with stable, long-term cash flows through its limited partner interest in NEE Operating LP, of which NEP will also own a controlling, non-economic general partner interest.