NextEra Energy Partners, LP declared quarter distribution

NextEra Energy Partners, LP (NYSE: NEP) announced a quarterly distribution of $0.7875 per common unit, translating to an annualized rate of $3.15.

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Rhea-AI Summary

NextEra Energy Partners, LP (NYSE: NEP) announced a quarterly distribution of $0.7875 per common unit, translating to an annualized rate of $3.15. This distribution will be paid on November 14, 2022, to unitholders on record as of November 4, 2022. The partnership, headquartered in Juno Beach, Florida, focuses on acquiring and managing clean energy projects, ensuring stable cash flows. NEP's investments span wind, solar, and energy storage projects across the U.S., alongside natural gas assets in Texas and Pennsylvania.

Positive

Declared a quarterly distribution of $0.7875 per common unit, annualized rate of $3.15.
Stable cash flows from contracted clean energy projects.
Geographically diverse investments in renewable energy sources.

Negative

None.

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10/24/2022 - 07:30 AM EDT

JUNO BEACH, Fla., Oct. 24, 2022 /PRNewswire/ -- The board of directors of NextEra Energy Partners, LP (NYSE: NEP) declared a quarterly distribution of $0.7875 per common unit (corresponding to an annualized rate of $3.15 per common unit) to the unitholders of NextEra Energy Partners. The distribution will be payable on Nov. 14, 2022, to unitholders of record as of Nov. 4, 2022.

NextEra Energy Partners, LP
NextEra Energy Partners, LP (NYSE: NEP) is a growth-oriented limited partnership formed by NextEra Energy, Inc. (NYSE: NEE). NextEra Energy Partners acquires, manages and owns contracted clean energy projects with stable, long-term cash flows. Headquartered in Juno Beach, Florida, NextEra Energy Partners owns interests in geographically diverse wind, solar and energy storage projects in the U.S. as well as natural gas infrastructure assets in Texas and Pennsylvania. For more information about NextEra Energy Partners, please visit: www.NextEraEnergyPartners.com.

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SOURCE NextEra Energy Partners, LP

FAQ

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What is the quarterly distribution announced by NextEra Energy Partners, LP (NEP)?

NextEra Energy Partners, LP announced a quarterly distribution of $0.7875 per common unit.

When will the distribution be payable for NextEra Energy Partners (NEP)?

The distribution will be payable on November 14, 2022.

What is the record date for the NextEra Energy Partners distribution?

The record date for the distribution is November 4, 2022.

What type of projects does NextEra Energy Partners, LP (NEP) focus on?

NextEra Energy Partners focuses on acquiring, managing, and owning contracted clean energy projects.

Where is NextEra Energy Partners, LP headquartered?

NextEra Energy Partners, LP is headquartered in Juno Beach, Florida.

NextEra Energy Partners, LP declared quarter distribution