NextEra Energy Partners LP
TerraForm Power: SunEdison’s Investment Yield Vehicle
SunEdison (SUNEQ) launched a yieldco under the name SunEdison Yieldco in January 2014, which was renamed TerraForm Power in May 2014.
Most Analysts Recommend a “Buy” on NextEra Energy
Following NextEra Energy’s 4Q15 earnings, analysts have a one-year price target of $119 for NEE against its current market price of $108.
An Overview of Dominion Midstream Partners
Dominion Midstream Partners owns and operates Dominion Resources’ natural gas import, transportation, and storage pipelines and related infrastructure.
What Should Investors Expect from NextEra Energy in the Future?
NextEra Energy (NEE) expects its earnings per share (or EPS) to come in at the higher end of its earlier guidance of $5.40–$5.70 for fiscal 2015.
Key Highlights of NextEra Energy Partners’ 3Q15 Earnings
NextEra Energy generated $103 million in revenues in 3Q15 compared to $97 million in 3Q14. As the majority of NEP’s asset base consists of wind power, operating expenses were only $22 million.
Must-Read Highlights of NextEra Energy’s 3Q15 Earnings
NextEra Energy reported $1.93 in earnings per share (or EPS) during the quarter, surpassing Wall Street analysts’ expectation of $1.65 by 17%.
The Advantages of Investing in Yieldcos
Some major advantages of investing in yieldcos and other securities are liquidity, smaller minimum investment requirements, and stable cash flows.
Key Yieldco Terms Investors Should Know
Yieldco terms include cash available for distribution, or CAD—a commonly used performance measure for yieldcos, REITS, and MLPs.
Yieldcos With Organic Growth Prospects – Part 1
Right of first offer assets represent growth opportunities. Yieldcos need to keep adding new assets to the portfolio to stay tax efficient and competitive.
Yieldcos: Make Hay While the Sun is Shining
Unlike MLPs, yieldcos aren’t exempt from corporate taxes. Instead, they rely on depreciation and tax credits to minimize tax expenses.
NRG Yield and NextEra Energy Partners Shine on Exchanges
NextEra Energy Partners closed at $32.00 on June 27, 2014, its first day of trading. Its total return is 33%, or 48% annualized, up until March 19, 2015.
NextEra Energy Partners: A New-Era Yieldco
NextEra Energy Partners has the backing of the biggest provider of clean energy in the US. Wind accounts for around 950 MW, or 77 % of its portfolio.