NextEra Energy Partners
NextEra Energy Partners, LP (NYSE: NEP) is a subsidiary of NextEra Energy, Inc. (NYSE: NEE) dedicated to acquiring and managing clean energy projects with stable, long-term cash flows.
Launch date
Market cap
$2.4b
Enterprise valuation
$7.9b (Public information from Sep 2024)
Share price
$25.84 NEP
Juno Beach Florida (HQ)
Financials
Estimates*
| USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Revenues | 917m | 982m | 1.2b | 1.1b | 1.2b | 1.4b | 1.5b |
| % growth | 7 % | 7 % | 23 % | (11 %) | 16 % | 12 % | 6 % |
| EBITDA | 737m | 639m | 698m | 772m | 2.0b | 2.0b | 2.1b |
| % EBITDA margin | 80 % | 65 % | 58 % | 72 % | 160 % | 145 % | 139 % |
| Profit | (50.0m) | 137m | 477m | 200m | 169m | 125m | 112m |
| % profit margin | (5 %) | 14 % | 39 % | 19 % | 14 % | 9 % | 8 % |
| EV / revenue | 8.9x | 12.5x | 9.2x | 8.2x | 6.1x | 5.9x | 5.8x |
| EV / EBITDA | 11.1x | 19.2x | 15.9x | 11.5x | 3.8x | 4.1x | 4.2x |
| Date | Investors | Amount | Round |
|---|---|---|---|
N/A | Acquisition | ||
* | N/A | $442m | IPO |
* | $900m | Post IPO Equity | |
* | $824m | Post IPO Convertible | |
* | N/A | $500m | Post IPO Convertible |
* | N/A | $750m | Post IPO Debt |
| Total Funding | - | ||
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