Hunton Andrews Kurth LLP advised sales agents in connection with the establishment of the at-the-market program for NextEra Energy Partners LP (“NEP”) to sell up to an aggregate $300 million of its common units representing limited partner interests from time to time through the sales agents.
NEP is a growth-oriented limited partnership formed to acquire, manage and own contracted clean energy projects with stable long-term cash flows. At December 31, 2021, NEP owned a controlling, non-economic general partner interest and an approximately 45.3% 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 Steve C. Friend, Patrick C. Jamieson, Michelle G. Chan and Reuben H. Pearlman.
