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Published on 12/22/2021 in the Prospect News Bank Loan Daily.

NextEra Energy draws $554 million on revolver and gives update

Chicago, Dec. 22 – NextEra Energy US Partners Holdings, LLC, an indirect subsidiary of NextEra Energy Partners, LP, reported that it drew $554 million on an existing revolving credit facility on Dec. 17, according to an 8-K filed with the Securities and Exchange Commission.

The draw on the revolver represents the only amount outstanding on the facility.

Additionally, a subsidiary of NextEra completed its previously announced acquisition of a wind generation facility in California on Dec. 21 for $128 million plus working capital of $9 million and the assumption of debt of approximately $155 million.

The energy company is based in Juno Beach, Fla.


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