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Shares of Nextera Energy Partners LP (NYSE: NEP) were trading lower by more than 7 percent on Tuesday after the company announced the pricing of a share offering.
Nextera Energy plans on offering 9.7 million common units representing limited partner interests in NextEra Energy Partners at a price of $26.00 per unit. The company also granted its underwriters the right to purchase an additional 1.455 million common units.
Shares of Nextera Energy closed for trading at $28.13 on Monday.
Nextera Energy noted in a regulatory filing that it plans on using the proceeds to fund, in part, its acquisition of the Seiling I & II Wind Energy Centers.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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