NextEra Energy Partners, LP (NYSE: NEP) today announced the pricing of a registered underwritten offering of 10,402,000 common units representing limited partner interests in NextEra Energy Partners, LP at a public offering price of $29.48 per common unit. The underwriters have a 30-day option to purchase up to an additional 1,560,300 common units from NextEra Energy Partners.

The offering is expected to close on Sept. 14, 2016, subject to customary conditions. NextEra Energy Partners intends to use the net proceeds of the offering to fund its recently announced acquisition of an indirect 24 percent interest in Desert Sunlight Investment Holdings, LLC and for general partnership purposes.

BofA Merrill Lynch, Morgan Stanley & Co. LLC, UBS Investment Bank and Wells Fargo Securities are acting as joint book-running managers for the offering, and Deutsche Bank Securities and J.P. Morgan Securities LLC are acting as co-managers.

NextEra Energy Partners, LP

NextEra Energy Partners, LP (NYSE: NEP) is a growth-oriented limited partnership formed by NextEra Energy, Inc. (NYSE: NEE) to acquire, manage and own contracted clean energy projects with stable, long-term cash flows. Headquartered in Juno Beach, Fla., NextEra Energy Partners owns interests in wind and solar projects inNorth America, 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 toMexico.