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.


Mortenson Construction_id2024

Trachte Inc._id1770
Latest Top Stories

Canadian Wind Industry Urges For More Federal Support

The Canadian Wind Energy Association says the country's federal government, once a big industry supporter, should again back wind power.


Wind And Solar Helped California Grid During Challenging Summer

According to the California Independent System Operator, the state suffered from heat waves and drought this year, and wind power played a "significant role" in keeping the lights on.


Recapping The Wind Industry's Third-Quarter Deals

Mercom Capital Group recaps investment and merger and acquisition activity during July, August and September.


Yearly Installed Capacity Figures Already Beat 2013 Numbers, More Wind On The Way: AWEA

While the American Wind Energy Association (AWEA) lobbies Congress to extend the production tax credit, the association notes wind projects now under construction signal a vibrant 2015.


Yahoo Inks Contract To Buy Kansas Wind Power

The Internet company plans to log in to the Alexander wind project, which is being built by community developer OwnEnergy.

Canwea_id1984
Renewable NRG_id1934
Hybrid Energy Innovations 2015
BG 2015DblBox_id2032