Details

Last Funding Type

Post-IPO Debt

Last Funding Money Raised

$500M

Industries

Clean Energy,Energy,Transportation

Founded date

Jan 1, 2014

Number Of Employee

10001 - max

Operating Status

Active

Stock Symbol

nyse:NEP

A growth-oriented limited partnership formed by NextEra Energy, Inc., NextEra Energy Partners, LP (NYSE: NEP) acquires, manages and owns contracted clean energy projects with stable, long-term cash flows.

They own interests in wind and solar projects in North America, as well as natural gas infrastructure assets in Texas. The renewable energy projects are fully contracted, use industry-leading technology and are located in regions that are favorable for generating energy from the wind and sun. The seven natural gas pipelines in the portfolio are all strategically located, serving power producers and municipalities in South Texas, processing plants and producers in the Eagle Ford Shale, and commercial and industrial customers in the Houston area. The NET Mexico Pipeline, the largest pipeline in the portfolio, provides a critical source of natural gas transportation for low-cost, U.S.-sourced shale gas to Mexico.