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Nextera Energy Partners

All articles tagged with #nextera energy partners

finance2 years ago

"Maximizing Yield: How NextEra Energy Partners Delivers a 13% Return on Investment"

NextEra Energy Partners (NEP), a company that acquires and manages clean energy projects in the U.S., is currently offering a high yield of 13.3%. NEP's stock price has declined, making it an attractive investment opportunity for income investors. Despite a decrease in growth expectations, NEP continues to provide a double-digit yield and plans to maintain 6%+ growth in the near future. The company is focused on regaining investor trust and reducing its cost of capital. Additionally, NEP benefits from tax-efficient U.S. laws, allowing investors to receive tax-deferred income for at least 15 years.

business2 years ago

Kinder Morgan Acquires NextEra Energy Partners' Texas Pipelines for $1.8 Billion

Kinder Morgan, a US pipeline operator, has announced its acquisition of NextEra Energy Partners' gas pipelines in South Texas for $1.82 billion. The deal comes as the oil and gas pipeline industry experiences increased consolidation due to growing US production and challenges in obtaining permits for new pipelines. NextEra Energy Partners' Texas natural gas pipeline portfolio, STX Midstream, consists of seven pipelines that supply natural gas to Mexico, power producers, and municipalities in South Texas. The transaction is expected to be funded with cash on hand and short-term borrowings and is set to close in the first quarter of 2024.

finance2 years ago

"Maximizing Dividend Returns: Top Stock Picks and Mistakes to Avoid"

Brookfield Infrastructure Partners, Enbridge, and NextEra Energy Partners are high-yield dividend stocks that offer above-average payouts that should keep rising in the future. They all generate very stable cash flows and have solid financial profiles. Meanwhile, they have ample growth ahead, which should give them the power to continue increasing their payouts.