The board of directors of NextEra Energy Partners declared a quarterly distribution of $0.88 per common unit (corresponding to an annualized rate of $3.52 per common unit) to the unitholders of the comapny. This declaration reflects an annualized increase of 6% from its third-quarter 2023 distribution per common unit. The distribution will be payable on February 14, 2024, to unitholders of record as of February 6, 2024.

NextEra Energy Partners, LP also announced that the partnership expects the annualized rate of the fourth-quarter 2024 distribution that is payable in February 2025 to be $3.73 per common unit.