Utilities IPOs » By The Online Investor Staff, updated Thu., Apr. 18, 6:34 PMRecent initial public offerings in the Utilities IPOs category.
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Slide #2. NextEra Energy Partners, LP — Initial Public Offering
Company:
NextEra Energy Partners, LP
Proposed Symbol:
NEP
Shares Offered:
16,250,000
Price Per Share:
$25
Over-Allotment:
2,437,500
Description:
NextEra Energy, Inc. (NYSE: NEE) and its wholly owned subsidiary, NextEra Energy Partners, LP (NEP), today announced that NextEra Energy Partners has priced an initial public offering of 16,250,000 common units, representing limited partner interests, at a price of $25.00 per common unit. In addition, the underwriters have a 30-day option to purchase up to an additional 2,437,500 common units from NextEra Energy Partners at the initial public offering price, less the underwriting discount. The common units of NextEra Energy Partners will be listed on the New York Stock Exchange under the symbol "NEP" and begin trading on June 27, 2014.
