NextEra Energy Partners

We 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.

NextEra Energy Partners’ intends to take advantage of favorable trends in the North American energy industry, including the ongoing trend of clean energy projects replacing aging or uneconomic projects, demand by utilities for renewable energy to meet state renewable portfolio standard requirements and the improving competitiveness of clean energy relative to other fuels. We focus on high-quality, long-lived projects operating under long-term contracts that are expected to produce stable long-term cash flows. We believe our cash flow profile, geographic and technological diversity, cost-efficient business model and relationship with NextEra Energy, a recognized clean energy leader, provides us with a significant competitive advantage and enables us to execute our growth strategy.

Type
Public
HQ
North Palm Beach, US
NextEra Energy Partners is headquartered in North Palm Beach, US

NextEra Energy Partners Office Locations

NextEra Energy Partners has an office in North Palm Beach
North Palm Beach, US (HQ)
700 Universe Blvd

NextEra Energy Partners Data and Metrics

NextEra Energy Partners Financial Metrics

NextEra Energy Partners's revenue was reported to be $175 m in Q1, 2017
USD

Revenue (Q1, 2017)

175 m

Net income (Q1, 2017)

42 m

EBIT (Q1, 2017)

73 m

Market capitalization (18-Aug-2017)

2.1 b

Cash (31-Mar-2017)

82 m
NextEra Energy Partners's current market capitalization is $2.1 b.
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

301 m471 m715 m

Revenue growth, %

56%52%

EBIT

162 m215 m290 m

EBIT margin, %

54%46%41%

Pre tax profit

69 m101 m401 m

Net Income

25 m80 m345 m
USDQ3, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

89 m107 b103 m165 m171 m186 m175 m

EBIT

52 m50 b46 m73 m75 m79 m73 m

EBIT margin, %

58%47%45%44%44%42%42%

Pre tax profit

26 m28 b17 m(17 m)19 m152 m50 m

Net Income

24 m23 b14 m28 m127 m42 m
USDY, 2011Y, 2012Y, 2013FY, 2014FY, 2015FY, 2016

Cash

4 m25 m32 m106 m161 m147 m

Accounts Receivable

25 m72 m80 m

Inventories

253.4 m1.2 m1.1 m

Current Assets

370 m342 m355 m

PP&E

4.2 b5.1 b

Goodwill

622 m628 m

Total Assets

2.7 b6.1 b7.2 b

Accounts Payable

15 m35 m19 m

Total Debt

3.5 b

Current Liabilities

163 m241 m397 m

Non-Current Liabilities

1.9 b4.3 b4.6 b

Total Liabilities

2 b4.5 b5 b

Total Equity

711 m1.6 b2.2 b

Debt to Equity Ratio

1.6 x

Debt to Assets Ratio

0.5 x

Financial Leverage

3.8 x3.9 x3.3 x
USDQ3, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

118 m100 m696 m133 m244 m133 m82 m

Accounts Receivable

60 m51 m48 m92 m92 m91 m89 m

Current Assets

374 m225 m811 m380 m460 m628 m333 m

PP&E

2.2 b3.2 b3.1 b4.7 b4.7 b5.1 b5 b

Goodwill

628 m628 m628 m628 m

Total Assets

2.8 b3.7 b4.2 b6.7 b6.7 b7.4 b7.1 b

Accounts Payable

25 m18 m17 m28 m17 m15 m18 m

Current Liabilities

166 m501 m169 m408 m572 m459 m182 m

Non-Current Liabilities

1.9 b2.4 b2.4 b4.5 b4.4 b4.7 b4.8 b

Total Equity

804 m1.7 b1.8 b1.8 b2.2 b2.2 b

Financial Leverage

4.6 x2.5 x3.8 x3.8 x3.4 x3.3 x
USDFY, 2014FY, 2015FY, 2016

Net Income

25 m80 m345 m

Depreciation and Amortization

76 m141 m205 m

Accounts Receivable

2 m(11 m)

Inventories

13 m

Accounts Payable

(6 m)4 m

Cash From Operating Activities

70 m55 m328 m

Capital Expenditures

(125 m)(283 m)

Cash From Investing Activities

(1.8 b)(1.2 b)

Cash From Financing Activities

1.6 b807 m

Free Cash Flow

(70 m)45 m
USDQ3, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

24 m23 b14 m28 m127 m42 m

Depreciation and Amortization

20 m30 b31 m46 m46 m51 m46 m

Accounts Receivable

51 m48 m92 m92 m91 m89 m

Accounts Payable

18 m17 m28 m17 m15 m18 m

Income Taxes Paid

2 m
Y, 2017

Financial Leverage

3.3 x

NextEra Energy Partners Market Value History

Traffic Overview of NextEra Energy Partners

NextEra Energy Partners Online and Social Media Presence

NextEra Energy Partners Company Life and Culture

You may also be interested in