NextEra Energy draws down $75 million from revolver for acquisition

By Wendy Van Sickle

Columbus, Ohio, Feb. 26 – NextEra Energy Partners, LP drew down $75 million from the revolving credit facility it entered into in 2014 on Friday to fund a portion of its acquisition of two wind generation facilities in Oklahoma, according to an 8-K filing with the Securities and Exchange Commission.

The acquisition is expected to close in the first quarter of 2016.

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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