“Look, I think going forward our preference would be to remain the owner of NextEra Energy Partners.”

In context

“in how we allocate capital. One of the things that we are evaluating is should we put -- deploying more of our capital towards really growing the underlying cash flow of the business and maybe less towards distributions. And so that's one of the things that we're thinking about. Obviously, we have to also address the back-end convertible equity portfolio financings. But what we wanted to do is just be upfront with investors that this review is coming to a conclusion, and we'll be prepared to provide updated feedback on our distribution policy going forward on the fourth quarter call. Shahriar Pourreza : So just reflecting on sort of the YieldCo model, it sounds like even NextEra remaining the ultimate owner of NEP is something that's a question mark as well too, right? John Ketchum : Yes. Look, I think going forward our preference would be to remain the owner of NextEra Energy Partners. We've looked at -- we consider all available options and alternatives. They don't discount any potential options going forward, but our base case would be to remain the owner of NEP going forward. And Shar, the thing I want to add is we talked a lot about on this call about the underlying dynamics in the industry. We're in a period of substantial power demand in this industry. And there are many things where NextEra Energy is -- has a superior position in markets and there are going to be a number of potential growth opportunities that could favor not only NextEra Energy, but also potentially NextEra Energy Partners. Going forward, obviously, data centers being a big part of that as well. And so, we have a number of things that we're looking at that could potentially lead to attractive gr”