Real Assets
NextEra Energy Partners (NYSE:NEP) currently has a TTM dividend yield of 12%, the question is whether it is worth the risk? NEP owns and operates wind and solar projects and to a lesser extent natural gas pipelines (which it has announced a sale in Dec-23) and discloses it has an average contractual commitment of 14 years for its revenues. However, NEP is a relatively complicated case with a complex structure and an alphabet soup of acronyms impacting its value.