NEP is offering 16,250,000 common units to the public. NextEra says it expects the IPO price to be between $19 and $21 per common unit, potentially raising between $308.75m and $341.25m.

The underwriters have a 30-day option to purchase up to an additional 2,437,500 common units from NEP at the initial public offering price, less the underwriting discount.

The common units have been approved for listing on the New York Stock Exchange under the symbol "NEP."

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