|Bid||80.63 x 900|
|Ask||80.39 x 800|
|Day's range||79.63 - 80.96|
|52-week range||55.65 - 87.69|
|Beta (5Y monthly)||0.17|
|PE ratio (TTM)||54.41|
|Earnings date||21 Apr 2021|
|Forward dividend & yield||1.54 (1.93%)|
|Ex-dividend date||25 Feb 2021|
|1y target est||87.33|
NextEra Energy Partners (NEP) decides to acquire four wind assets with a capacity of 391 MW from Brookfield Renewable. This is set to further expand its existing wind asset portfolio of 4,855 MW.
Shares of Brookfield Renewable Partners (NYSE: BEP) (NYSE: BEPC) dropped as much as 5% Monday, and remained down over 4% as of 3:25 p.m. EDT. Several names in the renewable energy sector were in the red today, but there was also some news regarding Brookfield Renewable's assets. It was announced today that Brookfield sold an approximately 400 megawatt (MW) portfolio of wind-powered generating assets to NextEra Energy Partners (NYSE: NEP).
NextEra Energy Partners' (NEP) first-quarter results are likely to benefit from high-quality renewable assets and proper management of debt.