Hunton Andrews Kurth Advises On NextEra Energy Partners, LP’s $500 Million 2.50% 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 2.50% Convertible Senior Notes due 2026 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 September 30, 2022, NEP owned a controlling, non-economic general partner interest and an approximately 46.2% 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 team included Steven C. Friend, Patrick C. Jamieson, Michelle G. Chan, Reuben H. Pearlman and Jingyi “Alice” Yao. Robert McNamara and Tim Strother provided tax advice.