in News Departments > New & Noteworthy
print the content item

NextEra Energy Inc. has announced that its limited partnership, NextEra Energy Partners LP (NEP), has filed for an initial public offering with the U.S. Securities and Exchange Commission (SEC).

NextEra Energy says it has formed NEP to own, operate and acquire contracted clean energy projects with stable, long-term cashflows through its limited partner interest in NEE Operating LP, of which NEP will also own a controlling interest.

According to the SEC filing, NEP will trade on the New York Stock Exchange and have interests in 10 North American wind and solar projects totaling around 990 MW. The company says it could raise up to $50 million in the IPO.

BofA Merrill Lynch and Goldman, Sachs & Co. will serve as joint book-running managers and structuring agents for the offering, and Morgan Stanley will serve as a joint book-running manager.



Trachte Inc._id1770
Latest Top Stories

Despite 2013 Challenges, U.S. Wind Power Reaches All-Time Low Price

In a new report, the U.S. Department of Energy details the highs and lows of the country's wind industry last year, and the agency maintains that the U.S. sector remains strong.


Mexico On Pace To Set New Renewables Investment Record

A new report says the country has spent $1.3 billion on clean energy in the first half of 2014 and could end up seeing a record year. Furthermore, wind power is slated for significant growth in the region.


IRS Issues More PTC Guidance, Easing Some Wind Industry Concerns

The Internal Revenue Service (IRS) addresses how much work is needed on a wind farm to satisfy production tax credit (PTC) eligibility.


Embryonic No More: U.S. Offshore Wind Industry Gaining Momentum

After a decade of fits and starts, the industry is moving closer to installing the first generation of wind projects off the country's shores.


AWEA: U.S. Installs 853 MW Of Wind In First Half Of 2014

The American Wind Energy Association (AWEA) reveals the U.S. industry's progress thus far this year and underscores the importance of policy certainty.

Renewable NRG_id1934
Canwea_id1984
Tower Conference_id1965