Hunton Andrews Kurth Advises on NextEra Energy Partners, LP’s $500 Million 0% Convertible Senior Notes Offering

Hunton Andrews Kurth LLP advised the initial purchaser in connection with NextEra Energy Partners, LP’s (“NEP”) issuance of $500 million in aggregate principal amount of its 0% Convertible Senior Notes due 2024 in a private placement under Rule 144A of the Securities Act of 1933, as amended.

NEP is a growth-oriented limited partnership formed to acquire, manage and own contracted clean energy projects with stable long-term cash flows. At March 31, 2021, NEP owned a controlling, non-economic general partner interest and an approximately 42.8% limited partner interest in NEP OpCo. Through NEP OpCo, NEP has ownership interests in a portfolio of contracted renewable generation assets consisting of wind and solar projects, and a portfolio of contracted natural gas pipeline assets.

The Hunton Andrews Kurth LLP team included Steven Friend, Patrick Jamieson and Michelle G. Chan. Robert McNamara and Tim Strother provided tax advice.