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NextEra Energy Partners, LP (NYSE:NEP) Q4 2025 Earnings Call Transcript
NextEra Energy Partners (NEP) reported Q4 and full-year 2025 financial results, highlighting a pivotal year with a transition to a capital allocation business model. The company achieved its capital structure simplification objectives, including addressing $1.1 billion in Convertible Equity Portfolio Financings (CEPFs) and completing asset sales and financing objectives. NEP also announced plans to co-invest in 400 MW of new battery storage projects with NextEra Energy Resources and updated its wind repowering plan to 2.1 GW through 2030, funded by retained cash flows and project financing.