Investor Presentation
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NextEra Energy Partners takes a disciplined approach to
evaluating third-party M&A and plans to focus on clean
energy assets while retaining balance sheet strength
Third-Party M&A at NextEra Energy Partners
NextEra Energy Partners remains
focused on growth from
renewables
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Acquired ~490 MW of renewables
from third parties in 2021
Success and execution in M&A
has been enabled by competitive
advantages, including:
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Best-in-class operating platform
Low-cost of capital
Significant relationships with
sponsors across the industry
~300 GW (1)
representing current
potential acquisition
targets plus future
U.S. growth through
2026
Additional growth potential
from organic growth
investments on acquired assets
NextEra Energy Partners' ability to leverage Energy Resources' expertise
provides a significant competitive advantage for third-party M&A
NEXTera energy®
PARTNERS
33
1) Renewables value based on 2022 U.S. installed capacity less Energy Resources' current portfolio and
utility-owned wind and solar plus future renewables growth through 2026 minus the top-end of Energy
Resources development expectationsView entire presentation