Why NextEra Energy Partners Stock Popped 8.8% Today
Investors are getting more comfortable with NextEra Energy Partners' long-term cash flow plans.Shares of renewable energy finance company NextEra Energy Partners (NEP 4.77%) jumped as much as 8.8% in trading on Tuesday after reporting first-quarter 2024 financial results. Shares were up 7.5% at 2:30 p.m. ET and holding steady gains for the day.Delivering against low expectationsNextEra Energy Partners investors have been expecting the worst as interest rates rise and the company must maneuver around refinan ...