NextEra Energy Partners subsidiary makes $64 million draw on revolver

By Angela McDaniels

Tacoma, Wash., March 3 – An indirect subsidiary of NextEra Energy Partners, LP borrowed about $64 million under its revolving credit facility on Feb. 27, according to an 8-K filing with the Securities and Exchange Commission.

The borrowings were used to fund the acquisition of a roughly 20 megawatt solar generating facility located in Shafter, Calif.

NextEra Energy Partners is a Juno Beach, Fla.-based limited partnership formed by NextEra Energy, Inc. to own, operate and acquire contracted clean energy projects through its limited partner interest in NextEra Energy Operating Partners, LP.

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