Nextera Energy Partners Outlines Preliminary Plans for Upcoming Equity, Debt Offerings through Shelf Filing

MT Newswires Live08-03

Nextera Energy Partners (NEP) late Friday disclosed plans to sell common and preferred units representing limited partner interests, warrants to buy additional units as well as debt securities and other equity instruments from time to time through upcoming public offerings or private placements with institutional investors.

The preliminary prospectus filed by the renewable energy company did not specify how much money Nextera expects to raise through its future offerings, although it said any net proceeds would be used for general partnership purposes, including paying down debt, capital projects, and potential acquisitions.

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