The board of directors of NextEra Energy Partners, LP declared a quarterly distribution of $0.4050 per common unit (corresponding to an annualized rate of $1.62 per common unit) to the unitholders of NextEra Energy Partners. The annualized rate of $1.62 represents a 15% increase from the comparable annualized rate in 2016. The distribution will be payable on Feb. 14, 2018, to unitholders of record as of Feb. 5, 2018.

NextEra Energy Partners continues to expect 12% to 15% per year growth in limited partner distributions as being a reasonable range of expectations through at least 2022. The partnership expects the annualized rate of the fourth-quarter 2018 distribution, which is payable in February 2019, to be in a range of $1.81 to $1.86 per common unit.