NextEra Energy $500 million convertible senior notes offering
麻豆入口 acted as special product counsel to the initial purchaser in connection with a Rule 144A offering by NextEra Energy Partners, LP of an aggregate principal amount of $500 million of its 0.000% convertible senior notes due 2024. In addition, 麻豆入口 advised counterparties to capped call transactions in connection with the convertible notes offering.
Headquartered in Juno Beach, Florida, NextEra Energy Partners is a growth-oriented limited partnership formed to acquire, manage and own contracted clean energy projects with stable long-term cash flows. Through its subsidiaries, NextEra Energy Partners owns a portfolio of contracted renewable generation assets consisting of wind and solar projects, as well as contracted natural gas pipeline assets.
The 麻豆入口 equity derivatives team included partners Mark M. Mendez and Mark J. DiFiore and associates Joseph Luizzi and Daniel Yu. The tax team included partner Michael Farber and associate Ben Levenback. All members of the 麻豆入口 team are based in the New York office.