Foreign Sovereign Immunities Act

Blank Rome Adds Leading White Collar Team, Continuing Nationwide Expansion

Retrieved on: 
Monday, February 26, 2024
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The group’s arrival continues the strategic expansion of Blank Rome’s White Collar Defense and Investigations group.

Key Points: 
  • The group’s arrival continues the strategic expansion of Blank Rome’s White Collar Defense and Investigations group.
  • In January, five white collar attorneys from litigation boutique Spears & Imes joined Blank Rome in New York, including partners David Spears , Linda Imes , and Chris Dysard .
  • In November 2023, Barrett R. Howell joined the White Collar Defense and Investigations group as a partner in the firm’s recently opened Dallas office.
  • They focus on white collar defense litigation, government investigations and enforcement actions, international disputes and arbitration, internal investigations, and advising clients on compliance programs, voluntary disclosures, and remediation.

NextEra Energy Partners, LP completes sale of Texas natural gas pipeline portfolio

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Thursday, December 28, 2023
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JUNO BEACH, Fla., Dec. 28, 2023 /PRNewswire/ -- NextEra Energy Partners, LP (NYSE: NEP) today announced it has closed on its previously disclosed agreement with Kinder Morgan, Inc. (NYSE: KMI) to sell its Texas natural gas pipeline portfolio for $1.815 billion.

Key Points: 
  • JUNO BEACH, Fla., Dec. 28, 2023 /PRNewswire/ -- NextEra Energy Partners, LP (NYSE: NEP) today announced it has closed on its previously disclosed agreement with Kinder Morgan, Inc. (NYSE: KMI) to sell its Texas natural gas pipeline portfolio for $1.815 billion.
  • "With the Texas natural gas pipeline portfolio sale complete, the partnership has sufficient proceeds available to address the equity buyouts of the STX Midstream and NEP Renewables II convertible equity portfolio financings."
  • The Texas natural gas pipeline portfolio is primarily comprised of seven pipelines, which provide natural gas to Mexico and power producers and municipalities in South Texas.
  • The total 2023 calendar-year adjusted EBITDA for the Texas natural gas pipeline portfolio is expected to be approximately $180 million, with roughly 70% associated with the transmission portion of the portfolio and the remaining 30% associated with the midstream pipelines.

NextEra Energy Partners, LP announces pricing of $500 million in aggregate principal amount of 2.50% convertible senior notes due 2026

Retrieved on: 
Thursday, December 8, 2022
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The notes will mature on June 15, 2026, and will be fully and unconditionally guaranteed on a senior unsecured basis by NextEra Energy Operating Partners, LP, a direct subsidiary of NextEra Energy Partners.

Key Points: 
  • The notes will mature on June 15, 2026, and will be fully and unconditionally guaranteed on a senior unsecured basis by NextEra Energy Operating Partners, LP, a direct subsidiary of NextEra Energy Partners.
  • NextEra Energy Partners estimates the net proceeds from the notes offering prior to offering expenses will be approximately $488.80 million.
  • Accordingly, the notes are being offered and sold only to qualified institutional buyers in reliance on Rule 144A under the Securities Act.
  • NextEra Energy Partners, LP(NYSE: NEP) is a growth-oriented limited partnership formed byNextEra Energy, Inc.(NYSE: NEE).NextEra Energy Partnersacquires, manages and owns contracted clean energy projects with stable, long-term cash flows.

The Driscoll Firm Secures $299 Million Judgment for Families of U.S. Service Members Injured and Killed in Iraq

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Tuesday, August 16, 2022
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The Driscoll Firm is committed to fighting for the rights of servicemembers and military families in all branches of the armed forces.

Key Points: 
  • The Driscoll Firm is committed to fighting for the rights of servicemembers and military families in all branches of the armed forces.
  • This judgment is a historic victory for these families, and we are honored to represent them.
  • From 2005 to 2008, 17 members of the U.S. military were injured or killed in fifteen separate terrorist attacks in Iraq.
  • The Driscoll Firm brought the federal civil lawsuit, Pennington v. Islamic Republic of Iran, on behalf of servicemembers who were injured and the estates and families of those killed.

NextEra Energy Partners to host previously announced investor conference today

Retrieved on: 
Tuesday, June 14, 2022
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Extends 12% to 15% annualized distribution per unit growth expectations for one year, through 2025

Key Points: 
  • Extends 12% to 15% annualized distribution per unit growth expectations for one year, through 2025
    JUNO BEACH, Fla., June 14, 2022 /PRNewswire/ -- As previously announced, NextEra Energy Partners, LP (NYSE: NEP) will host an investor conference from 8:30 a.m. to 12:30 p.m.
  • The approximately $157 million fee is predicated on NextEra Energy Partners delivering limited partnerdistributions at an annualized rate of at least $3.05 per common unit to all unitholders.
  • NextEra Energy Partners' adjusted EBITDA, CAFD and distributions and other expectations should be viewed in conjunction with NextEra Energy Partners cautionary statements and risk factors set forth below.
  • NextEra Energy Partners, LP(NYSE: NEP) is a growth-oriented limited partnership formed byNextEra Energy, Inc.(NYSE: NEE).NextEra Energy Partnersacquires, manages and owns contracted clean energy projects with stable, long-term cash flows.

NextEra Energy Partners, LP completes acquisition of previously announced approximately 400-megawatt portfolio of long-term contracted wind assets

Retrieved on: 
Wednesday, August 25, 2021
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JUNO BEACH, Fla., Aug. 25, 2021 /PRNewswire/ -- NextEra Energy Partners, LP (NYSE: NEP) announced that it has completed its previously announced acquisition of a 391-megawatt (MW) portfolio of four operating wind assets located in California and New Hampshire.

Key Points: 
  • JUNO BEACH, Fla., Aug. 25, 2021 /PRNewswire/ -- NextEra Energy Partners, LP (NYSE: NEP) announced that it has completed its previously announced acquisition of a 391-megawatt (MW) portfolio of four operating wind assets located in California and New Hampshire.
  • "This portfolio is an attractive acquisition for NextEra Energy Partners and is supported by our ability to leverage NextEra Energy Resources' best-in-class operating platform to reduce costs and create value for LP unitholders.
  • NextEra Energy Partners, LP (NYSE: NEP) is a growth-oriented limited partnership formed by NextEra Energy, Inc. (NYSE: NEE).
  • NextEra Energy Partners acquires, manages and owns contracted clean energy projects with stable, long-term cash flows.