NextEra Energy Partners Stock: Buy, Sell, or Hold?
At one point, NextEra Energy Partners (NYSE: NEP) was a hot master limited partnership (MLP) in the hot renewable-power sector. And then clean-energy investments fell out of favor on Wall Street, and NextEra Energy Partners' math changed in a big way. With a huge 12% distribution yield, is the risk of a different future worth taking on, or should investors avoid the MLP?
If you look at NextEra Energy Partners as a business, you'll see that the MLP owns and operates renewable-power assets, such as solar and wind farms, among other things. But that's not really the purpose of the partnership. NextEra Energy Partners was created by utility giant NextEra Energy (NYSE: NEE) as a funding source. This isn't uncommon, but it is important to understand the relationship between parent NextEra Energy and its controlled MLP.
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Source Fool.com
MLP SE Stock
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