NextEra Energy Partners, which operates wind and solar energy projects, priced 16.25 million shares at $25 a share, the high end of the $23 to $25 range.
The stock opened at $32.55 and rose to a high of $33.20 as of 11:04 a.m.
Investors are fleeing to safety, especially to high-income utility stocks. Here are two of the best in the sector.
These 3 dividend stocks are rated a Sell by TheStreet
CPLP NEP BLMN are going ex-dividend tomorrow, Wednesday, May 04, 2016