NextEra Energy Partners to meet with investors through early December

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Nov 15, 2018, 16:15 ET

JUNO BEACH, Fla., Nov. 15, 2018 /PRNewswire/ -- NextEra Energy Partners, LP (NYSE: NEP) today announced that members of the senior management team will meet with investors through early December. At the meetings, they plan to, among other things, reaffirm long-term growth expectations for limited partner distributions without the need to sell common equity until 2020 at the earliest, other than modest at-the-market equity program issuances, regardless of expected contributions from projects that are contracted with Pacific Gas and Electric Company ("PG&E contracts"). Investors and other interested parties can access a copy of the presentation materials, which detail these expectations and the expected contributions from the PG&E contracts on NextEra Energy Partners' expected cash available for distribution, at www.NextEraEnergyPartners.com.

NextEra Energy Partners, LP
NextEra Energy Partners, LP (NYSE: NEP) is a growth-oriented limited partnership formed by NextEra Energy, Inc. (NYSE: NEE). NextEra Energy Partners acquires, manages and owns contracted clean energy projects with stable, long-term cash flows. Headquartered in Juno Beach, Florida, NextEra Energy Partners owns interests in wind and solar projects in the U.S., as well as natural gas infrastructure assets in Texas. The renewable energy projects are 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. For more information about NextEra Energy Partners, please visit: www.NextEraEnergyPartners.com.

SOURCE NextEra Energy Partners, LP