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NEXTera energy® PARTNERS NextEra Energy Partners , LP Media Line : 561-694-4442 July 23 , 2021 FOR IMMEDIATE RELEASE NextEra Energy Partners , LP reports second - quarter 2021 financial results • • • • Grows distributions approximately 15 % year - over - year Announces agreement to acquire an approximately 590 - megawatt net interest in portfolio of wind and solar projects from NextEra Energy Resources Completes multiple financings during the second quarter to fund recently announced acquisitions and further enhance its financing flexibility Remains well - positioned to achieve its best - in - class long - term distribution growth objectives JUNO BEACH , Fla . - NextEra Energy Partners , LP ( NYSE : NEP ) today reported second - quarter 2021 net loss attributable to NextEra Energy Partners of $ 74 million . NextEra Energy Partners also reported second - quarter 2021 adjusted EBITDA of $ 350 million and cash available for distribution ( CAFD ) of $ 151 million . NextEra Energy Partners delivered second - quarter financial results in line with management's expectations after accounting for below - average wind and solar resource . NextEra Energy Partners ' management uses adjusted EBITDA and CAFD , which are non - GAAP financial measures , internally for financial planning , analysis of performance and reporting of results to the board of directors . NextEra Energy Partners also uses these measures when communicating its financial results and earnings outlook to analysts and investors . The attachments to this news release include a reconciliation of historical adjusted EBITDA and CAFD to net income , which is the most directly comparable GAAP measure . " NextEra Energy Partners has had a great first half of the year , with adjusted EBITDA and CAFD increasing by 9 % and 11 % , respectively , versus 2020 , " said Jim Robo , chairman and chief executive officer . " Strong operational and financial performance during the first half of 2021 highlights that NextEra Energy Partners remains well - positioned to deliver on its outstanding growth objectives . Today , we are announcing the acquisition of an approximately 590 - megawatt net interest in a portfolio of geographically diverse wind and solar projects from NextEra Energy Resources and view this attractive acquisition as another step in our plan to expand and diversify the partnership's portfolio . We also completed a number of financings during the quarter , which will further enhance NextEra Energy Partners ' financing flexibility and provide low - cost funding for our recently announced 2021 acquisitions . With continued access to low - cost capital and accretive acquisition opportunities , NextEra Energy Partners is as well - positioned as ever to grow limited partner distributions per unit by 12 % to 15 % through 2024. We continue to believe NextEra Energy Partners offers a compelling investor value proposition and look forward to delivering on that potential over the coming years . " 1