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 Financials and Metrics

NextEra Energy Partners Financials

NextEra Energy Partners's revenue was reported to be $715 m in FY, 2016
USD

Revenue (Q3, 2017)

177 m

Net income (Q3, 2017)

38 m

EBIT (Q3, 2017)

66 m

Market capitalization (13-Dec-2017)

2.2 b

Cash (30-Sep-2017)

135 m

EV

6.3 b
NextEra Energy Partners's current market capitalization is $2.2 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%
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

89 m74 m107 b103 m165 m171 m186 m175 m204 m177 m

Operating expense total

37 m43 m57 b57 m92 m96 m107 m102 m116 m111 m

EBIT

52 m31 m50 b46 m73 m75 m79 m73 m88 m66 m

EBIT margin, %

58%42%47%45%44%44%42%42%43%37%
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
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

118 m52 m100 m696 m133 m244 m133 m82 m128 m135 m

Accounts Receivable

60 m33 m51 m48 m92 m92 m91 m89 m97 m83 m

Current Assets

374 m172 m225 m811 m380 m460 m628 m333 m361 m662 m

PP&E

2.2 b3.2 b3.1 b4.7 b4.7 b5.1 b5 b5.4 b5.4 b
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
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

24 m9 m30 m46 m28 m127 m42 m

Depreciation and Amortization

20 m23 m60 m90 m46 m92 m151 m46 m

Accounts Receivable

(9 m)(6 m)(12 m)(12 m)(10 m)89 m

Accounts Payable

(3 m)(2 m)(2 m)(5 m)15 m18 m
Y, 2017

EV/EBIT

96 x

Financial Leverage

3.7 x
Show all financial metrics

NextEra Energy Partners Market Value History

NextEra Energy Partners's Web-traffic and Trends

NextEra Energy Partners Online and Social Media Presence

NextEra Energy Partners Company Life and Culture

You may also be interested in