JUNO BEACH, Fla., Aug. 16, 2018 /PRNewswire/ -- NextEra Energy Partners, LP (NYSE: NEP) ("NEP") today announced that it anticipates that the resale registration statement on Form S-3, previously filed by NEP with the Securities and Exchange Commission (the "Commission") on July 3, 2018 (the "resale registration statement"), will be declared effective by the Commission on or about Sept. 7, 2018. The resale registration statement will register NEP's common units issuable upon conversion of its previously issued $300.0 million principal amount of 1.50 percent convertible senior notes due 2020 (the "notes"). The notes were originally sold on Sept. 8, 2017. At the same time, a registration rights agreement was entered into between NEP and the initial purchaser of the notes, which required the filing of the resale registration statement.
In order for a beneficial owner of the notes to be named as a selling securityholder and to have its common units included in the resale registration statement at the time of effectiveness, the beneficial owner must complete and deliver a selling securityholder notice and questionnaire on or before Aug. 23, 2018, to:
NextEra Energy Partners, LP
700 Universe Boulevard
Juno Beach, FL 33408
Attention: Corporate Secretary
The selling securityholder notice and questionnaire, and further information, may be obtained from NEP as specified above.
A registration statement relating to these securities has been filed with the Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.
This communication shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.
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 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. For more information about NextEra Energy Partners, please visit: www.NextEraEnergyPartners.com.
SOURCE NextEra Energy Partners, LP