OverviewSuggest Edit

NextEra Energy Partners acquires, owns, and operates contracted clean energy projects. It owns interests in wind and solar projects in North America, as well as in seven contracted natural gas pipeline assets in Texas. It has a portfolio of renewable energy projects.

TypePublic
Founded2014
HQNorth Palm Beach, FL, US
Websiteinvestor.nexteraenergypartners.com

Latest Updates

Revenue (FY, 2020)$917 M(+8%)
Share Price (Sept 2021)$79.6
Cybersecurity ratingAMore

Key People/Management at NextEra Energy Partners

Susan D. Austin

Susan D. Austin

Director
James L. Robo

James L. Robo

Chairman of the Board and Chief Executive Officer, Director
Charles E. Sieving

Charles E. Sieving

General Counsel
James May

James May

Controller and Chief Accounting Officer
Robert J. Byrne

Robert J. Byrne

Director
Mark E. Hickson

Mark E. Hickson

Executive Vice President, Strategy and Corporate Development
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NextEra Energy Partners Office Locations

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

NextEra Energy Partners Revenue

NextEra Energy Partners's revenue was reported to be $917 m in FY, 2020
USD

Revenue (Q1, 2021)

246.0m

Net income (Q1, 2021)

571.0m

EBIT (Q1, 2021)

78.0m

Market capitalization (15-Sept-2021)

6.0b

Closing stock price (15-Sept-2021)

79.6

Cash (31-Mar-2021)

110.0m

EV

9.5b
NextEra Energy Partners's current market capitalization is $6 b.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

301.0m471.0m715.0m807.0m771.0m855.0m917.0m

Revenue growth, %

56%52%

Depreciation and amortization

76.0m145.0m223.0m243.0m203.0m259.0m271.0m

EBIT

162.0m215.0m290.0m307.0m443.0m233.0m253.0m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

86.7m89.0m74.0m107.0m103.0m165.0m171.0m186.0m175.0m204.0m177.0m225.0m178.0m177.0m219.0m253.0m212.0m253.0m240.0m246.0m

Operating expense total

37.0m

Depreciation and amortization

20.0m23.0m30.0m31.0m46.0m46.0m51.0m46.0m50.0m50.0m49.0m49.0m61.0m63.0m68.0m66.0m66.0m68.0m

EBIT

50.4m52.0m31.0m50.0m46.0m73.0m75.0m79.0m73.0m88.0m66.0m265.0m59.0m34.0m67.0m88.0m49.0m89.0m68.0m78.0m
Annual
USDY, 2011Y, 2012Y, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

4.0m25.0m32.0m106.0m161.0m147.0m154.0m147.0m128.0m108.0m

Accounts Receivable

25.0m72.0m80.0m85.0m80.0m79.0m83.0m

Inventories

253.4m1.2m1.1m24.0m

Current Assets

370.0m342.0m355.0m398.0m340.0m433.0m414.0m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

107.1m118.0m52.0m100.0m696.0m133.0m244.0m133.0m82.0m128.0m135.0m654.0m76.0m127.0m163.0m195.0m115.0m96.0m95.0m110.0m

Accounts Receivable

63.0m60.0m33.0m51.0m48.0m92.0m92.0m91.0m89.0m97.0m83.0m86.0m73.0m71.0m101.0m102.0m90.0m113.0m89.0m101.0m

Prepaid Expenses

1.6m3.0m3.0m2.0m4.0m4.0m

Inventories

5.6m25.0m25.0m24.0m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

25.0m80.0m345.0m109.0m267.0m(404.0m)(238.0m)

Depreciation and Amortization

76.0m141.0m205.0m72.0m103.0m

Inventories

13.0m

Accounts Payable

(6.0m)4.0m6.0m(11.0m)
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

27.5m52.0m2.0m30.0m46.0m(14.0m)13.0m149.0m12.0m95.0m132.0m274.0m385.0m(22.0m)(244.0m)(488.0m)(720.0m)(593.0m)(398.0m)202.0m

Depreciation and Amortization

9.0m21.0m46.0m26.0m51.0m77.0m26.0m

Accounts Payable

1.0m(1.0m)(2.0m)(3.0m)(2.0m)(2.0m)(5.0m)(2.0m)(3.0m)(3.0m)(21.0m)(19.0m)

Cash From Operating Activities

84.6m122.0m15.0m81.0m117.0m49.0m145.0m247.0m35.0m154.0m237.0m183.0m269.0m19.0m130.0m252.0m99.0m259.0m482.0m104.0m
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NextEra Energy Partners Cybersecurity Score

Cybersecurity ratingPremium dataset

A

100/100

SecurityScorecard logo

NextEra Energy Partners Online and Social Media Presence

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NextEra Energy Partners News and Updates

NextEra Energy and NextEra Energy Partners to meet with investors throughout September and October

JUNO BEACH, Fla., Sept. 8, 2021 /PRNewswire/ -- NextEra Energy, Inc. (NYSE: NEE) and NextEra Energy Partners, LP (NYSE: NEP) today announced that members of the senior management team will participate in various investor meetings throughout September and October. They plan to discuss,...

NextEra Energy Partners, LP second-quarter 2021 financial results available on partnership's website

JUNO BEACH, Fla., July 23, 2021 /PRNewswire/ -- NextEra Energy Partners, LP (NYSE: NEP) has posted its second-quarter 2021 financial results in a news release available on the partnership's website by accessing the following link: www.NextEraEnergyPartners.com/FinancialResults. Jim Robo,...

NextEra Energy Partners, LP announces date for release of second-quarter 2021 financial results

JUNO BEACH, Fla., July 9, 2021 /PRNewswire/ -- NextEra Energy Partners, LP (NYSE: NEP) today announced that it plans to report second-quarter 2021 financial results before the opening of the New York Stock Exchange on Friday, July 23, 2021, in a news release to be posted on its website at...

NextEra Energy Partners, LP announces agreement to upsize its existing 2020 convertible equity portfolio financing by $150 million

JUNO BEACH, Fla., May 17, 2021 /PRNewswire/ -- NextEra Energy Partners, LP (NYSE: NEP) today announced that it has entered into an amended agreement to upsize by $150 million its existing convertible equity portfolio financing with KKR (the Investor), through its core infrastructure...

NextEra Energy Partners, LP first-quarter 2021 financial results available on partnership's website

JUNO BEACH, Fla., April 21, 2021 /PRNewswire/ -- NextEra Energy Partners, LP (NYSE: NEP) has posted its first-quarter 2021 financial results in a news release available on the partnership's website by accessing the following link: www.NextEraEnergyPartners.com/FinancialResults. Jim Robo,...

NextEra Energy Partners, LP announces definitive agreement to acquire an approximately 400-megawatt portfolio of long-term contracted wind assets

JUNO BEACH, Fla., April 19, 2021 /PRNewswire/ -- NextEra Energy Partners, LP (NYSE: NEP) today announced that it has entered into a definitive agreement with Brookfield Renewable, a global owner and operator of renewable power assets, to acquire a 391-megawatt (MW) portfolio of four...
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NextEra Energy Partners Frequently Asked Questions

  • When was NextEra Energy Partners founded?

    NextEra Energy Partners was founded in 2014.

  • Who are NextEra Energy Partners key executives?

    NextEra Energy Partners's key executives are Susan D. Austin, James L. Robo and Charles E. Sieving.

  • What is NextEra Energy Partners revenue?

    Latest NextEra Energy Partners annual revenue is $917 m.

  • Who are NextEra Energy Partners competitors?

    Competitors of NextEra Energy Partners include Northland Power, Ocean Power Technologies and Green Plains.

  • Where is NextEra Energy Partners headquarters?

    NextEra Energy Partners headquarters is located at 700 Universe Blvd, North Palm Beach.

  • Where are NextEra Energy Partners offices?

    NextEra Energy Partners has an office in North Palm Beach.

  • How many offices does NextEra Energy Partners have?

    NextEra Energy Partners has 1 office.