“For 2023, we expect the annualized rate of the fourth quarter 2023 distribution that is payable in February of 2024 to be in a range of $3.64 to $3.74 per common unit.”

In context

“sion and provided approximately $38 million of benefit this quarter, partially offsetting the impact of poor wind resource performance. As we previously shared, we expect strong double-digit growth in the second half of the year and adjusted EBITDA and cash available for distribution to support NextEra Energy Partners, LP distribution per unit growth expectations range for the full year 2023. Additional details are shown on the accompanying slide. From a base of our fourth quarter 2022 distribution per common unit and an annualized rate of $3.25, we continue to see 12% to 15% growth per year and LP distributions per unit as being a reasonable range of expectations through at least 2026. However, as we previously shared with you, we expect to grow at or near the bottom end of that range. For 2023, we expect the annualized rate of the fourth quarter 2023 distribution that is payable in February of 2024 to be in a range of $3.64 to $3.74 per common unit. NextEra Energy Partners continue to expect run rate contributions for adjusted EBITDA and cash available for distribution and its forecasted portfolio at December 31, 2023 to be in the ranges of $2.2 billion to $2.42 billion and $770 million to $860 million respectively. As a reminder, year-end 2023 run rate projections reflect calendar year 2024 contributions from the forecasted portfolio at year-end 2023. As always, our expectations subject to our usual caveats, including normal weather and operating conditions. In summary, we believe that NextEra Energy and NextEra Energy Partners are well-positioned to continue delivering long-term value for shareholders and unit holders. At NextEra Energy, the plan is simple: Our two businesses are deploying capital and renewables and transmission”