EX-10.1 2 exhibit101tonepdated06x09x.htm EX-10.1 Document

Exhibit 10.1

Execution Version















NEXTERA ENERGY PARTNERS, LP, NEXTERA ENERGY OPERATING PARTNERS GP, LLC and NEXTERA ENERGY OPERATING PARTNERS, LP

and

NEXTERA ENERGY MANAGEMENT PARTNERS, LP
as Manager



THIRD AMENDED AND RESTATED
MANAGEMENT SERVICES AGREEMENT




TABLE OF CONTENTS
RECITALS.......................................................................................................................................................1
ARTICLE 1 INTERPRETATION....................................................................................................................2
1.1Definitions............................................................................................................................................2
1.2Headings and Table of Contents..........................................................................................................8
1.3Interpretation........................................................................................................................................8
1.4Actions by the Manager or the Service Recipients..............................................................................9
ARTICLE 2 APPOINTMENT OF THE MANAGER.....................................................................................9
2.1Appointment and Acceptance..............................................................................................................10
2.2Service Recipients................................................................................................................................10
2.3Subcontracting and Other Arrangements.............................................................................................10
ARTICLE 3 SERVICES AND POWERS OF THE MANAGER....................................................................10
3.1Services................................................................................................................................................10
3.2Appointment of Officers......................................................................................................................12
3.3Supervision of Manager's Activities....................................................................................................12
3.4Restrictions on the Manager................................................................................................................12
ARTICLE 4 RELATIONSHIP BETWEEN THE MANAGER AND THE SERVICE
RECIPIENTS.......................................................................................................................................13
4.1Other Activities....................................................................................................................................13
4.2Exclusivity...........................................................................................................................................13
4.3Independent Contractor, No Partnership or Joint Venture, Absence of Fiduciary
Relationship.........................................................................................................................................13
ARTICLE 5 MANAGEMENT AND EMPLOYEES.......................................................................................14



5.1Management and Employees...............................................................................................................14
ARTICLE 6 INFORMATION AND RECORDS.............................................................................................14
6.1Books and Records...............................................................................................................................15
6.2Examination of Records by the Service Requests................................................................................15
6.3Access to Information by Manager Group...........................................................................................15
6.4Additional Information........................................................................................................................15
ARTICLE 7 FEES AND EXPENSES..............................................................................................................16
7.1Management Fee..................................................................................................................................16
7.2Payment of Management Fee...............................................................................................................16
7.3IDR Fee................................................................................................................................................16
7.4Computation and Payment of IDR Fee Amounts................................................................................16
7.5Expenses...............................................................................................................................................18
7.6Governmental Charges.........................................................................................................................20
7.7Computation and Payment of Expenses and Governmental Charges..................................................20
ARTICLE 8 REPRESENTATIONS AND WARRANTIES OF THE MANAGER AND
THE NEP PARTIES............................................................................................................................20
8.1Representations and Warranties of the Manager.................................................................................20
8.2Representations and Warranties of the NEP Parties............................................................................21
ARTICLE 9 LIABILITY AND INDEMNIFICATION...................................................................................22
9.1Indemnity.............................................................................................................................................22
9.2Limitation of Liability..........................................................................................................................23
ARTICLE 10 TERM AND TERMINATION..................................................................................................24
10.1Term.....................................................................................................................................................24
10.2Termination by NEE Operating LP......................................................................................................24
10.3Termination by the Manager................................................................................................................25
10.4Survival upon Termination..................................................................................................................26



10.5Action upon Termination.....................................................................................................................26
ARTICLE 11 GENERAL PROVISIONS........................................................................................................26
11.1Amendment..........................................................................................................................................26
11.2Waiver..................................................................................................................................................27
11.3Assignment...........................................................................................................................................27
11.4Failure to Pay When Due.....................................................................................................................28
11.5Invalidity of Provisions........................................................................................................................28
11.6Entire Agreement.................................................................................................................................28
11.7Mutual Waiver of Jury Trial................................................................................................................29
11.8Consent to Jurisdiction and Service of Process29
11.9Governing Law....................................................................................................................................29
11.10Enurement............................................................................................................................................29
11.11Notices.................................................................................................................................................29
11.12Further Assurances...............................................................................................................................32
11.13Counterparts.........................................................................................................................................32
Schedule I..........................................................................................................................................................I-1



THIRD AMENDED AND RESTATED
MANAGEMENT SERVICES AGREEMENT

THIS THIRD AMENDED AND RESTATED MANAGEMENT SERVICES AGREEMENT (this "Agreement") is made as of June 9, 2022, and effective July 1, 2022, by and among NextEra Energy Partners, LP, a Delaware limited partnership ("NEE Partners"), NextEra Energy Operating Partners GP, LLC, a Delaware limited liability company ("NEE Operating GP"), NextEra Energy Operating Partners, LP, a Delaware limited partnership ("NEE Operating LP") and, together with NEE Partners and NEE Operating GP, the ("NEP Parties"), and NextEra Energy Management Partners, LP, a Delaware limited partnership (the "Manager").

RECITALS:

A.NEE Partners directly wholly owns NEE Operating GP and directly owns interests in NEE Operating LP.

B.The NEP Parties and the Manager previously executed the Management Services Agreement, dated as of July 1, 2014 (the "Original Agreement"), in order for the NEP Parties to engage the Manager to provide or arrange for other Service Providers (as defined below) to provide the services set forth in the Original Agreement to the Service Recipients (as defined below), subject to the terms and conditions of the Original Agreement, and the Manager accepted such engagement.

C.The Original Agreement was amended and restated (the "First Amended and Restated Management Services Agreement") on March 10, 2017, by the NEP Parties and the Manager in order to amend the provisions relating to the IDR Fee (as defined herein) contained in the Original Agreement.

D.The First Amended and Restated Management Services Agreement was amended and restated (the "Second Amended and Restated Management Services Agreement") on August 4, 2017, by the NEP Parties and the Manager in connection with certain modifications to the First Amended and Restated Agreement of Limited Partnership of NEE Partners, dated as of July 1, 2014 (the "Original NEE Partners Partnership Agreement").

E.The NEP Parties and the Manager desire to amend and restate the Second Amended and Restated Management Services Agreement in order to amend the provisions relating to the IDR Fee contained in the Second Amended and Restated Management Services Agreement and to make other changes as set forth herein.

NOW, THEREFORE, in consideration of the mutual covenants and agreements contained in this Agreement and other good and valuable consideration (the receipt and sufficiency of which are hereby acknowledged), the parties hereby agree that the Second Amended and Restated Management Services Agreement is, as of and at the date first written above, amended and restated in its entirety to read as follows:
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ARTICLE 1
INTERPRETATION


1.1Definitions

Capitalized terms used but not defined in this Agreement shall have the meanings ascribed to them in the Partnership Agreement. In this Agreement, the following terms will have the following meanings:

1.1.1"Affiliate" means, with respect to a Person, any other Person that, directly or indirectly, through one or more intermediaries, Controls or is Controlled by such Person, or is under common Control of a third Person;

1.1.2"Acquired Assets" means any asset in which an interest was acquired after the date hereof by any member of the NEP Group;

1.1.3"Additional Fee Amount" means the amount by which one percent (1%) of EBITDA as calculated by the Manager (which calculation shall be conclusive absent manifest error) for the most recently ended fiscal year or, with respect to the fiscal year that includes the Closing Date, the portion of such fiscal year after the Closing Date, exceeds four million U.S. dollars ($4,000,000), which amount shall be adjusted for inflation annually beginning on January 1, 2016, at the Inflation Factor;

1.1.4"Adjusted Available Cash" means, in respect of any Quarter, (a) for all purposes other than Section 7.4.3.1 through Section 7.4.3.3 any remaining Available Cash that would be deemed to be Operating Surplus under Section 6.3 or Section 6.5 of the Partnership Agreement before giving effect to the payment of the IDR Fee and after giving effect to the payment of the Series A Distribution Amount, (b) for the purposes of Section 7.4.3.1 through Section 7.4.3.3, any remaining Available Cash that would be deemed to be Operating Surplus under Section 6.3 or Section 6.5 of the Partnership Agreement before giving effect to the payment of the IDR Fee and after giving effect to the payment of the Series A Distribution Amount, after subtracting the aggregate amount that would be required to be distributed to holders of Common Units to equal the product of the Base Unit Amount on the Record Date for such Quarter multiplied by the First Target Quarterly Distribution;

1.1.5"Agreement" has the meaning assigned thereto in the Preamble;

1.1.6"Base Incentive Amount" for any Quarter means the sum of (a) the product of (x) the total Common Units Outstanding on the Record Date for such Quarter multiplied by (y) the Base Target Quarterly Distribution, plus (b) $14,039,546.64;

1.1.7"Base Target Quarterly Distribution" means $0.3525 per Quarter, subject to adjustment in accordance with Section 7.4.4 hereof;

1.1.8"Base Unit Amount" means 155,676,995 Common Units, subject to proportional adjustment in the event of any distribution, combination or subdivision (whether effected by a distribution payable in units or otherwise) of Common Units or other Partnership Interests in
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accordance with Section 5.8 of the Partnership Agreement or any redemption, repurchase, acquisition or similar transaction by NEE Operating LP of Common Units;

1.1.9"Business" means the business carried on from time to time by the NEP Group;

1.1.10 "Business Day" means every day except a Saturday or Sunday, or a legal holiday in the City of New York on which banking institutions are authorized or required by law, regulation, or executive order to close;

1.1.11"Claims" has the meaning assigned thereto in Section 9.1.1 hereof;

1.1.12 "Conflicts Committee" means the conflicts committee of the board of directors of NEE Partners;

1.1.13 "Control" means the control by one Person of another Person in accordance with the following: a Person ("A") controls another Person ("B") where A has the power to determine the management and policies, or has the right or obligation to operate the assets or facilities, of B, by contract or status (for example the status of A being the managing member of B) or by virtue of beneficial ownership of or control over a majority of the voting or economic interests in B. For the purpose of certainty and without limitation, if A owns or has control over securities to which are attached more than fifty percent (50%) of the votes permitted to be cast in the election of directors to the Governing Body of B or, if A is the general partner of B (a limited partnership), then in each case A Controls B for this purpose, and the term “Controlled” has the corresponding meaning;

1.1.14 "CSCS Agreement" means that certain Amended and Restated Cash Sweep and Credit Support Agreement, dated as of August 4, 2017, between NEE Operating LP and NEER;

1.1.15 "Designated Individuals" has the meaning assigned thereto in Section 3.2 hereof;

1.1.16 "EBITDA" means the sum of (a) net income plus interest expense plus income taxes plus depreciation plus amortization, in each case of NEE Operating LP and the Service Recipients, on a consolidated basis and with each such component determined in accordance with GAAP, plus (b) to the extent included in net income referenced in clause (a), any Management Fee, IDR Fee and Public Company Expenses;

1.1.17"Exchange Act" means the Securities Exchange Act of 1934, as amended;

1.1.18 "Expenses" has the meaning assigned thereto in Section 7.5.2 hereof;

1.1.19 "Expense Statement" has the meaning assigned thereto in Section 7.7 hereof;

1.1.20 "Financing Party" means any and all Persons, or the agents or trustees representing them, providing senior or subordinated debt financing or refinancing (including letters of credit, bank guaranties or other credit support);
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1.1.21 "First Amended and Restated Management Services Agreement" has the meaning assigned thereto in the Recitals;

1.1.22 "First Incentive Tier Amount" for any Quarter means the quotient of (a) the product of (x) the Base Unit Amount on the Record Date for such Quarter multiplied by (y) (i) the Second Target Quarterly Distribution for such Quarter minus (ii) the First Target Quarterly Distribution for such Quarter, divided by (b) 85%;

1.1.23 "First Target Quarterly Distribution" means $0.215625 per Common Unit per Quarter, subject to adjustment in accordance with Section 7.4.4 hereof;

1.1.24 "GAAP" means generally accepted accounting principles in the United States used in preparing financial statements from time to time;

1.1.25 "Governing Body" means (a) with respect to a corporation, the board of directors of such corporation, (b) with respect to a limited liability company, the manager( s) or managing member( s) of such limited liability company, (c) with respect to a limited partnership, the board, committee or other body of the limited partnership or the general partner of such partnership that serves a similar function or the general partner itself (or if any such general partner is itself a limited partnership, the board, committee or other body of such general partner's general partner that serves a similar function or such general partner's general partner itself) and (d) with respect to any other Person, the body of such Person that serves a similar function, and eachclauses (a) through (d) includes any committee or other subdivision of such body and any Person to whom such body has delegated any power or authority, including any officer or managing director;

1.1.26 "Governing Instruments" means (a) the certificate of incorporation and bylaws in the case of a corporation, (b) the certificate of formation and operating agreement in the case of a limited liability company, (c) the certificate of limited partnership and partnership agreement in the case of a partnership, and (d) any other similar governing document under which an entity was organized, formed or created and/or operates;

1.1.27 "Governmental Authority" means any (a) international, national, multinational, federal, state, regional, municipal, local or other government, governmental or public department, central bank, court, tribunal, arbitral body, commission, board, bureau, agency or instrumentality, domestic or foreign, including ISO/RTOs, (b) self-regulatory organization or stock exchange, (c) subdivision, agent, commission, board, or authority of any of the foregoing, or (d) quasi governmental or private body exercising any regulatory, expropriation or taxing authority under or for the account of any of the foregoing;

1.1.28 "Governmental Charges" has the meaning assigned thereto in Section 7.6 hereof;

1.1.29 "IDR Fee" means any amounts payable by NEE Operating LP to the Manager under Section 7.3 or Section 7.4 hereof;
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1.1.30 "Inflation Factor" means, at any time, the fraction obtained where the numerator is the Consumer Price Index for the United States of America (all items) for the then current year and the denominator is the Consumer Price Index for the United States of America (all items) for the year immediately preceding the then current year, with appropriate mathematical adjustment made to ensure that both the numerator and the denominator have been prepared on the same basis;

1.1.31"Interest Rate" means, for any day, the annual rate of interest equal to three and one-quarter percent (3.25%) plus the prime rate for that day or, if such day is not a Business Day, for the next preceding Business Day, as published in the Wall Street Journal or, if the Wall Street Journal ceases to be published, in another national U.S. financial publication selected by the Manager that surveys large U.S. banks and publishes a consensus prime rate;

1.1.32"ISO/RTO" means an independent electricity system operator, a regional transmission organization, national system operator or any other similar organization overseeing the transmission of energy in any jurisdiction in which the NEP Group owns assets or operates;

1.1.33 "Laws" means any and all applicable (a) laws, constitutions, treaties, statutes, codes, ordinances, principles of common law and equity, rules, regulations and municipal bylaws whether domestic, foreign or international, (b) judicial, arbitral, administrative, ministerial, departmental and regulatory judgments, orders, writs, injunctions, decisions, and awards of any Governmental Authority, and (c) policies, practices and guidelines of any Governmental Authority which, although not actually having the force of law, are considered by such Governmental Authority as requiring compliance as if having the force of law, and the term "applicable," with respect to such Laws and in the context that refers to one or more Persons, means such Laws that apply to such Person or Persons or its or their business, undertaking, property or securities at the relevant time and that emanate from a Governmental Authority having jurisdiction over the Person or Persons or its or their business, undertaking, property or securities;

1.1.34"Liabilities" has the meaning assigned thereto in Section 9.1.1 hereof;

1.1.35"Management Fee" means an annual amount equal to, for any fiscal year, the sum of the Quarterly Fee Amounts for such fiscal year plus the Additional Fee Amount with respect to such fiscal year. The Management Fee may be increased or decreased from time to time by an agreed upon amount resulting from the amendment of the scope of the Services pursuant to Section 11.1 hereof;

1.1.36"Manager" has the meaning assigned thereto in the Preamble;

1.1.37 "Manager Group" means the Manager and its Affiliates (other than any member of the NEP Group) and any other Service Providers;

1.1.38 "Manager Indemnified Party" has the meaning assigned thereto in Section 9.1.1;

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1.1.39 “Maximum Incentive Amount" for any Quarter means the sum of (a) the product of (x) the total Common Units Outstanding on the Record Date for such Quarter multiplied by (y) the Maximum Incentive Threshold, plus (b) $39,250,000.00;

1.1.40 "Maximum Incentive Threshold" means $0.7625 per Quarter, subject to adjustment in accordance with Section 7.4.4 hereof;
1.1.41"NEE Operating GP" has the meaning assigned thereto in the Preamble;

1.1.42"NEE Operating LP" has the meaning assigned thereto in the Preamble;

1.1.43"NEE Partners" has the meaning assigned thereto in the Preamble;

1.1.44"NEE Partners Units" means units representing limited partner interests of NEE Partners and shall include NEE Partners Common Units and NEE Partners Series A Preferred Units;

1.1.45 "NEE Partners Significant Activity" means any of the following: (i) establishing and approving NEE Partners' annual operating budget; (ii) evaluating and approving capital decisions; (iii) evaluating and approving debt and equity financing decisions; (iv) assessing and approving quarterly cash distributions to holders of NEE Partners Units; and (v) analyzing and approving related party transactions with the Manager Group;

1.1.46 "NEE Partners Partnership Agreement" means the Fifth Amended and Restated Agreement of Limited Partnership of NextEra Energy Partners, LP, dated as of November 12, 2019 and as amended, restated, modified or supplemented from time to time;

1.1.47 "NEER" means NextEra Energy Resources, LLC, a Delaware limited liability company;

1.1.48"NEP Group" means the NEP Parties and their direct and indirect Subsidiaries;

1.1.49"NEP Parties" has the meaning assigned thereto in the Preamble;

1.1.50"Operating and Administrative Agreements" means the operations and maintenance agreements, administrative services agreements, and other operations, maintenance and administrative agreements in effect as of the date hereof or entered from time to time after the date hereof (including as amended, restated, modified, supplemented or replaced from time to time) between certain members of the NEP Group, on the one hand, and the Manager or its Affiliates, on the other hand, for the operating, maintenance and administrative needs of such members of the NEP Group and, with respect to any Acquired Assets, any operations and maintenance agreements, administrative services agreements, and other operations, maintenance and administrative agreements between any of the members of the NEP Group with respect to the Acquired Assets, on the one hand, and the Manager or its Affiliates for the Acquired Assets' operating, maintenance, and administrative needs, on the other hand. For greater certainty, none of the Operating and Administrative Agreements are, or shall be, amended, terminated or otherwise altered by this Agreement or by the CSCS Agreement;

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1.1.51 "Operational and Other Services" means any services provided by any member of the Manager Group to any member of the NEP Group under any Operating and Administrative Agreement or any other contract (other than this Agreement and the CSCS Agreement);

1.1.52"Original Agreement" has the meaning assigned thereto in the Recitals;

1.1.53 "Original NEE Partners Partnership Agreement" has the meaning assigned thereto in the Recitals;

1.1.54 "Partnership Agreement" means the Third Amended and Restated Agreement of Limited Partnership of NEE Operating LP, dated as of December 21, 2018, as amended by the First Amendment to the Third Amended and Restated Agreement of Limited Partnership of NEE Operating LP, dated July 20, 2021 and as amended, restated, modified or supplemented from time to time;

1.1.55 "Permit" means any consent, license, approval, registration, permit or other authorization granted by any Governmental Authority;

1.1.56 "Person" means any natural person, partnership, limited partnership, limited liability partnership, joint venture, syndicate, sole proprietorship, company or corporation (with or without share capital), limited liability corporation, unlimited liability company, joint stock company, unincorporated association, trust, trustee, executor, administrator or other legal personal representative, regulatory body or agency, government or Governmental Authority, authority or entity however designated or constituted and pronouns have a similarly extended meaning;

1.1.57 "Public Company Expenses" means all of the fees, costs and expenses that result from NEE Partners' being a publicly traded entity, including costs associated with annual, quarterly, and current reports, independent auditor fees, governance and compliance, registrar and transfer agent fees, exchange listing fees, tax return preparation and filing, legal, advisory and consulting fees, director compensation and directors' and officers' liability insurance premiums;

1.1.58 "Quarter" means, unless the context requires otherwise, a fiscal quarter of NEE Operating LP;

1.1.59 "Quarterly Fee Amount" means one million dollars ($1,000,000), which amount shall be adjusted for inflation annually beginning on January 1, 2016 at the Inflation Factor;

1.1.60 "Second Amended and Restated Management Services Agreement" has the meaning assigned thereto in the Recitals;

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1.1.61 "Second Incentive Tier Amount" for any Quarter means the quotient of (a) the product of (x) the Base Unit Amount on the Record Date for such Quarter multiplied by (y) (i) the Third Target Quarterly Distribution for such Quarter minus (ii) the Second Target Quarterly Distribution for such Quarter, divided by (b) 75%;

1.1.62 "Second Target Quarterly Distribution" means $0.234375 per Common Unit per Quarter, subject to adjustment in accordance with Section 7.4.4 hereof;

1.1.63 "Service Providers" means the Manager, other members of the Manager Group and any other entity or individual that the Manager has arranged to provide the Services to any Service Recipient;

1.1.64 "Service Recipients" means the NEP Parties, any of their Subsidiaries, and any Acquired Asset in which the NEP Parties or any of its Subsidiaries hold a direct or indirect interest, as listed on Schedule I hereto (as such Schedule may be amended from time to time in accordance with Section 2.2 hereof);

1.1.65"Services" has the meaning assigned thereto in Section 3.1 hereof;

1.1.66 "Subsidiary" means, with respect to any Person, (a) any other Person that is directly or indirectly Controlled by such Person, (b) any trust in which such Person directly or indirectly holds at least fifty percent (50%) of the beneficial interests or (c) any partnership in which such Person directly or indirectly holds at least fifty percent (50%) of the limited partnership interests;

1.1.67Third-Party Claim” has the meaning assigned thereto in Section 9.1.2 hereof;

1.1.68Third Target Quarterly Distribution” means $0.281250 per Common Unit per Quarter, subject to adjustment in accordance with Section 7.4.4 thereof; and

1.1.69Transaction Fees” means fees paid or payable by the Service Recipients in the context of mergers and acquisitions transactions.

1.2Headings and Table of Contents

The inclusion of headings and a table of contents in this Agreement are for convenience of reference only and will not affect the construction or interpretation hereof.

1.3Interpretation

In this Agreement, unless the context otherwise requires:

1.3.1words importing the singular shall include the plural and vice versa, words importing gender shall include all genders or the neuter, and words importing the neuter shall include all genders;

1.3.2the words "include", "includes", "including" or any variations thereof, when
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following any general term or statement, are not to be construed as limiting the general term or statement to the specific items or matters set forth or to similar items or matters, but rather as referring to all other items or matters that could reasonably fall within the broadest possible scope of the general term or statement;

1.3.3references to any Person include such Person's successors and permitted assigns;

1.3.4any reference to a statute, regulation, policy, rule or instrument shall include, and shall be deemed to be a reference also to, all amendments made to such statute, regulation, policy, rule or instrument and to any statute, regulation, policy, rule or instrument that may be passed which has the effect of supplementing or superseding the statute, regulation, policy, rule or instrument so referred to;

1.3.5any reference to this Agreement or any other agreement, document or instrument shall be construed as a reference to this Agreement or, as the case may be, such other agreement, document or instrument as the same may have been, or may from time to time be, amended, varied, replaced, amended and restated, supplemented or otherwise modified;

1.3.6in the event that any day on which any amount is to be determined or any action is required to be taken hereunder is not a Business Day, then such amount shall be determined, or such action shall be required to be taken at or before the requisite time on the next succeeding day that is a Business Day;

1.3.7except where otherwise expressly provided, all amounts in this Agreement are stated and shall be paid in U.S. currency;

1.3.8the words "herein," "hereof," "hereby" and "hereunder," and words of similar import, shall be construed to refer to this Agreement in its entirety, not to any particular article or section hereof and not to any particular provision hereof, except where the context otherwise requires; and

1.3.9all references herein to Articles, Sections, Exhibits and Schedules shall be construed to refer to Articles and Sections of, and Exhibits and Schedules to, this Agreement, unless otherwise indicated.

1.4Actions by the Manager or the Service Recipients

Unless the context requires otherwise, where the consent of or a determination is required by the Manager or a Service Recipient hereunder, the parties shall be entitled to rely conclusively upon it having been given or taken, as applicable, if the Manager or such Service Recipient, as applicable, has communicated the same in writing.

ARTICLE 2
APPOINTMENT OF THE MANAGER

2.1Appointment and Acceptance
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2.1.1Subject to and in accordance with the terms, conditions and limitations in this Agreement, the NEP Parties hereby appoint the Manager to provide or arrange for other Service Providers to provide the Services to the Service Recipients.

2.1.2The Manager hereby accepts the appointment provided for in Section 2.1.1 and agrees to act in such capacity and to provide or arrange for other Service Providers to provide the Services to the Service Recipients upon the terms, conditions and limitations in this Agreement.

2.2Service Recipients

The Service Recipients on the date hereof are the NEP Parties and each other Person set forth on Schedule I. The parties acknowledge that any Subsidiary of NEE Partners, NEE Operating GP, or NEE Operating LP, and any Acquired Asset in which any of the NEP Parties or any Subsidiary hold a direct or indirect interest, in each case, that is not a Service Recipient on the date hereof, may be added as a Service Recipient under this Agreement with the Manager's prior written consent (not to be unreasonably withheld). Within five Business Days after the NEP Parties receive such consent, they shall deliver an amended Schedule I to the Manager that adds such new Service Recipient.

2.3Subcontracting and Other Arrangements

The Manager may subcontract to any other Service Provider or arrange for the provision of any or all of the Services to be provided by it under this Agreement by any other Service Provider, and the NEP Parties hereby consent to any such subcontracting or arrangement, provided that the Manager shall remain responsible to the Service Recipients for any Services provided by such other Service Provider.

ARTICLE 3
SERVICES AND POWERS OF THE MANAGER

3.1Services

The Manager will provide, or arrange for the provision by other Service Providers of, and will have the exclusive power and authority to provide or arrange for the provision by other Service Providers of, the following services (the "Services") to the Service Recipients to the extent such Services are not otherwise provided to the Service Recipients under any Operating and Administrative Agreement, subject to the supervision of the Governing Body of the applicable Service Recipient as set forth in Section 3.3:

3.1.1causing or supervising the carrying out of all day-to-day management, secretarial, accounting, banking, treasury, legal, administrative, human resources, liaison, representative, regulatory and reporting functions and obligations;

3.1.2supervising the establishment and maintenance of books and records;

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3.1.3identifying, evaluating and recommending to the NEP Group maintenance capital expenditures, expansion capital expenditures, acquisitions or dispositions from time to time and assisting in negotiating the terms thereof;

3.1.4recommending and managing the raising of funds whether by way of debt, equity or otherwise, including the preparation, review or distribution of any prospectus or offering memorandum in respect thereof and managing the communications support in connection therewith;

3.1.5recommending candidates to serve on the board of directors of NEE Partners;

3.1.6making recommendations with respect to the exercise of any voting rights to which each of the Service Recipients is entitled;

3.1.7making recommendations with respect to the payment of distributions by the Service Recipients, including distributions by NEE Partners and NEE Operating LP to holders of their respective common units;

3.1.8making recommendations with respect to the hiring, and monitoring and providing oversight, of accounting, financial or legal advisors and technical, commercial, marketing and other independent experts;

3.1.9managing litigation or commencing litigation after consulting with the applicable Service Recipients;

3.1.10attending to all matters necessary for any reorganization, bankruptcy proceedings, dissolution or winding up of a Service Recipient;

3.1.11preparing and filing of all tax returns by each Service Recipient and all tax-related regulatory filings and reports, and directing the Service Recipients with respect to tax elections pursuant to Article IX of the NEE Partners Partnership Agreement;

3.1.12directing the general partner of NEE Operating LP with respect to (i) any restrictions imposed on the transfer of partnership interests pursuant to Section 4.7(b) of the Partnership Agreement or (ii) allocations for capital account or tax purposes pursuant to Section 6.1 of the Partnership Agreement;

3.1.13preparing and submission of the Service Recipients' annual financial statements and quarterly interim financial statements (a) to be prepared in accordance with GAAP and audited at least to such extent and with such frequency as may be required by law or regulation or in order to comply with any debt covenants and (b) to be submitted to each Service Recipient for its prior approval;

3.1.14 supervising the Service Recipients' compliance with all regulatory requirements applicable to the Service Recipients in respect of their and their Subsidiaries' business activities, including preparing or causing to be prepared and filing or causing to be filed all regulatory filings and reports, including all reports and documents required under the Exchange Act and other applicable securities laws;

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3.1.15assisting the Service Recipients in connection with communications with investors and lenders to the Service Recipients, including presentations, conference calls and other related matters, and investor relations generally;

3.1.16effecting the entry into and maintaining appropriate insurance policies covering each Service Recipient's assets, together with other applicable insurance against other risks, including directors' and officers' insurance, in each case as the relevant Service Recipient deems appropriate;

3.1.17advising the Service Recipients regarding the maintenance of compliance with applicable Laws and other obligations; and

3.1.18providing all such other services as may from time to time be agreed with the Service Recipients that are reasonably related to the Service Recipients' day-to-day operations.

3.2Appointment of Officers

Notwithstanding anything contrary in this Article 3, the Manager shall designate individuals (the "Designated Individuals") (i) to serve on the Governing Bodies of the Service Recipients (other than NEE Partners) and (ii) to carry out the functions of director (other than with respect to NEE Partners), principal executive, accounting and financial officers and otherwise to act as officers of the Service Recipients, including the Chief Executive Officer, Chief Financial Officer, General Counsel, Treasurer, President and any other officer of NEE Partners. The board of directors of NEE Partners shall cause the Governing Body or the controlling shareholder, member or general partner of each applicable Service Recipient to appoint the Designated Individuals to the roles designated by the Manager; provided that such individuals are determined by the Manager in good faith to have the appropriate experience, qualifications, skills and such other relevant attributes to carry out such individuals' designated functions with respect to the applicable Service Recipient.

3.3Supervision of Manager's Activities

The Manager and any Designated Individual shall, at all times, be subject to the supervision of the relevant Service Recipient's Governing Body, and shall not provide or arrange for the provision of such Services as such Governing Body may decline to accept from time to time, and any actions taken by the Manager pursuant to Section 3.1 shall be consistent in all material respects with any guidelines, directions or instructions of, the board of directors of NEE Partners with respect to the applicable Services.

3.4Restrictions on the Manager

3.4.1The Manager shall, and shall cause any other Service Provider to, refrain from taking any action that is not in compliance with or would violate any Laws or that otherwise would not be permitted by the Governing Instruments of the applicable Service Recipients. If the Manager or any Service Provider is instructed by a Service Recipient to take any action that is not in such compliance, to the extent such Person has knowledge of such non-compliance, such Person will promptly notify such Service Recipient of its judgment that such action would not comply with or would violate any such Laws or otherwise would not be permitted by such Governing Instrument.
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3.4.2The Manager shall, and shall cause any other Service Provider to, refrain from taking any action that, to the Manager's knowledge, at the time such action is taken, is intended to materially conflict with or directly contravene any resolution or other determination of the board of directors of NEE Partners in each case relating to any NEE Partners Significant Activity, provided that the Manager shall at all times be entitled to provide the Services to the extent provided by this Agreement.

3.4.3In performing its duties under this Agreement, each member of the Manager Group (a) may consult with legal counsel, accountants, appraisers, management consultants, investment bankers and other consultants and advisers selected by it, and any act taken or omitted to be taken in reliance upon the advice or opinion (including an opinion of counsel) of such Persons as to matters that any member of the Manager Group reasonably believes to be within such Person's professional or expert competence shall be conclusively presumed to have been done or omitted in good faith and in accordance with such advice or opinion, and (b) shall be permitted to rely in good faith upon the direction of a Service Recipient to evidence any approvals or authorizations that are required under this Agreement.

ARTICLE 4
RELATIONSHIP BETWEEN THE MANAGER
AND THE SERVICE RECIPIENTS

4.1Other Activities

No member of the Manager Group (and no Affiliate, director, officer, member, partner, shareholder or employee of any member of the Manager Group) shall be prohibited from engaging in other business activities or sponsoring, or providing services to, third parties that compete directly or indirectly with the Service Recipients.

4.2Exclusivity

Except as expressly provided for herein or in the Operating and Administrative Agreements, none of the NEP Parties shall, and the NEP Parties shall cause the other Service Recipients not to, during the term of this Agreement, engage any Person other than the Manager to provide any services comparable to the Services without the prior written consent of the Manager, which may be withheld in the absolute discretion of the Manager.

4.3Independent Contractor, No Partnership or Joint Venture, Absence of Fiduciary Relationship

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The parties acknowledge that the Manager is providing or arranging for the provision of the Services hereunder as an independent contractor and that the Service Recipients and the Manager are not partners or joint venturers with or agents of each other, and nothing herein will be construed so as to make them partners, joint venturers or agents or impose any liability as such on any of them as a result of this Agreement, provided that nothing herein will be construed so as to prohibit the Service Recipients and the Manager from embarking upon an investment together as partners, joint venturers or in any other manner whatsoever. The parties acknowledge that no fiduciary or advisory relationship between the Manager, on the one hand, and the Service Recipients, on the other, has been created by this Agreement. Each of the NEP Parties waives, on its own behalf and on behalf of the other Service Recipients, to the fullest extent permitted by law, any claims they may have against the Manager for breach of fiduciary duty or alleged breach of fiduciary duty and agrees that the Manager shall have no liability (whether direct or indirect) to the Service Recipients in respect of such a fiduciary duty claim or to any person asserting a fiduciary duty claim on behalf of or in right of the Service Recipients, including the owners, employees or creditors of the Service Recipients.

ARTICLE 5
MANAGEMENT AND EMPLOYEES

5.1Management and Employees

5.1.1The Manager shall arrange, or shall arrange for another member of the Manager Group to arrange, for such qualified personnel and support staff to be available to carry out the Services. Such personnel and support staff shall devote such time to the provision of the Services to the Service Recipients as the relevant member of the Manager Group reasonably deems necessary and appropriate in order to fulfill its obligations hereunder. Such personnel and support staff need not have as their primary responsibility the provision of the Services to the Service Recipients or be dedicated exclusively to the provision of the Services to the Service Recipients.

5.1.2Each of the NEP Parties shall, and shall cause each of the other Service Recipients to, do all things reasonably necessary on its part as requested by any member of the Manager Group consistent with the terms of this Agreement to enable the members of the Manager Group to fulfill their obligations, covenants and responsibilities and to exercise their rights pursuant to this Agreement.

5.1.3The Manager covenants and agrees to, and to cause any other member of the Manager Group to, exercise the power and discharge the duties conferred under this Agreement honestly and in good faith, and shall exercise the degree of care, diligence and skill that a reasonably prudent person would exercise in comparable circumstances.

ARTICLE 6
INFORMATION AND RECORDS

6.1Books and Records
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The Manager shall, or shall cause any other member of the Manager Group to, as applicable, maintain proper books, records and documents on behalf of each Service Recipient in conformity in all material respects with GAAP and all requirements of applicable Laws and in the ordinary course of business consistent with past practice.

6.2Examination of Records by the Service Recipients

Upon reasonable prior notice by the Service Recipients to the relevant member of the Manager Group, the relevant member of the Manager Group will make available to the Service Recipients and their authorized representatives, for examination during normal business hours on any Business Day, all books, records and documents required to be maintained under Section 6.1 hereof. For the avoidance of doubt, none of the Manager Group shall have any obligation hereunder to provide data for costs, fees or expenses that are not paid or reimbursed pursuant to Section 7.5. Any examination of records will be conducted in a manner which will not unduly interfere with the conduct of the Service Recipients' activities or of the Manager Group's business in the ordinary course.

6.3Access to Information by Manager Group

Each of the NEP Parties shall, and shall cause the other Service Recipients to:

6.3.1grant, or cause to be granted, to the Manager Group full access to all documentation and information reasonably necessary in order for the Manager Group to perform its obligations, covenants and responsibilities pursuant to the terms hereof, including to enable the Manager Group to provide the Services; and

6.3.2provide, or cause to be provided, all documentation and information as may be reasonably requested by any member of the Manager Group, and promptly notify the appropriate member of the Manager Group of any material facts or information of which the Service Recipients are aware, including any known, pending or threatened suits, actions, claims, proceedings or orders by or against any member of the NEP Group before any Governmental Authority, that may affect the performance of the obligations, covenants or responsibilities of the Manager Group pursuant to this Agreement, including maintenance of proper financial records.

6.4Additional Information

The parties acknowledge and agree that conducting the activities and providing the Services contemplated herein may have the incidental effect of providing additional information which may be utilized with respect to, or may augment the value of, business interests and related assets in which any of the Service Providers or any of its Affiliates has an interest and that, subject to compliance with this Agreement, none of the Service Providers or any of their respective Affiliates will be liable to account to the Service Recipients with respect to such activities or results, provided that, in making any use of such additional information, the relevant Service Provider will not, and will cause its Affiliates not to, do so in any manner that the relevant Service Provider or its Affiliates knows, or ought reasonably to know, would cause or result in a breach of any confidentiality provision of agreements to which any Service Recipient is a party or is bound.

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ARTICLE 7
FEES AND EXPENSES

7.1Management Fee

7.1.1Management Fee. NEE Operating LP, on behalf of the Service Recipients, hereby agrees to pay, during the term of this Agreement, the Management Fee. The Management Fee shall be paid in accordance with Section 7.2.

7.1.2No Reduction in Fees. The Management Fee will not be reduced by the amount of (a) any fees for Operational and Other Services that are paid or payable by any member of the NEP Group to any member of the Manager Group, (b) any Expenses, (c) any Transaction Fees or (d) any costs, fees or expenses paid by or on behalf of NEE Operating LP under the CSCS Agreement.

7.2Payment of Management Fee

NEE Operating LP shall remit the Quarterly Fee Amount to the Manager no later than the 15th day following the end of each Quarter. The Manager will compute the Additional Fee Amount for each fiscal year as soon as practicable following the end of the fiscal year with respect to which such payment is due, but in any event no later than January 31 of the immediately succeeding fiscal year. A copy of the computations made will thereafter, for informational purposes only, promptly be delivered to NEE Operating LP. As soon as practicable following delivery of the computation of an Additional Fee Amount, but in no event later than the 15th day following receipt of such computation, NEE Operating LP shall remit such Additional Fee Amount to the Manager.

7.3IDR Fee

NEE Operating LP, on behalf of the Service Recipients, hereby agrees to pay to the Manager or its permitted transferees, until the dissolution of NEE Operating LP in accordance with the Partnership Agreement, the IDR Fee as computed under Section 7.4. Any IDR Fee will be paid quarterly concurrently with the payment of distributions by NEE Operating LP to holders of its Common Units in accordance with the Partnership Agreement or promptly thereafter.

7.4Computation and Payment of IDR Fee Amounts

7.4.1For each Quarter in which NEE Operating LP has Adjusted Available Cash equal to or greater than the Maximum Incentive Amount, then the IDR Fee in respect of such Quarter shall be paid based on the hypothetical distributions of Adjusted Available Cash by NEE Operating LP to holders of its Common Units as set forth below:

7.4.1.1First, NEE Operating LP will pay $39,250,000.00 of such Adjusted Available Cash to the Manager and will be deemed to distribute any remaining Adjusted Available Cash to holders of its Common Units until the aggregate amount so paid and deemed to be distributed pursuant to this Section 7.4.1.1 with respect to such Quarter is equal to the Maximum Incentive Amount; and

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7.4.1.2Second, NEE Operating LP will be deemed to distribute one-hundred percent (100%) of any remaining Adjusted Available Cash to holders of its Common Units.

7.4.2For each Quarter in which NEE Operating LP has Adjusted Available Cash equal to or greater than the Base Incentive Amount but less than the Maximum Incentive Amount, then the IDR Fee in respect of such Quarter shall be paid based on the hypothetical distributions of Adjusted Available Cash by NEE Operating LP to holders of its Common Units as set forth below:

7.4.2.1First, NEE Operating LP will pay $14,039,546.64 of such Adjusted Available Cash to the Manager and will be deemed to distribute any remaining Adjusted Available Cash to holders of its Common Units until the aggregate amount so paid and deemed to be distributed pursuant to this Section 7.4.2.1 with respect to such Quarter is equal to the Base Incentive Amount; and

7.4.2.2Second, NEE Operating LP will pay twenty-five percent (25%) of any remaining Adjusted Available Cash to the Manager and will be deemed to distribute seventy-five percent (75%) of such remainder to holders of its Common Units;

provided that, in each case, the IDR Fee for such quarter shall be paid as contemplated by this Section 7.4.2 until (x) the aggregate deemed per Common Unit distribution to holders of its Common Units pursuant to this Section 7.4.2 equals (y) the per Common Unit distribution declared by NEE Operating LP to holders of its Common Units in accordance with the Partnership Agreement for the applicable Quarter; provided further that the aggregate IDR Fee payable for such quarter pursuant to this Section 7.4.2 shall in no event exceed $39,250,000.00.

7.4.3For each Quarter in which NEE Operating LP has Adjusted Available Cash less than the Base Incentive Amount, the IDR Fee in respect of such Quarter shall be paid based on hypothetical distributions of Adjusted Available Cash by NEE Operating LP to holders of its Common Units as set forth below; provided that the payment of the IDR Fee and the hypothetical distributions to holders of its Common Units set forth below shall be calculated on the basis of the Base Unit Amount:

7.4.3.1First, NEE Operating LP will pay fifteen percent (15%) of any Adjusted Available Cash to the Manager and will be deemed to distribute eighty-five percent (85%) to holders of its Common Units until the aggregate amount so paid and deemed to be distributed pursuant to this Section 7.4.3.1 with respect to such Quarter is equal to the First Incentive Tier Amount;

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7.4.3.2Second, NEE Operating LP will pay twenty-five percent (25%) of any remaining Adjusted Available Cash to the Manager and will be deemed to distribute seventy-five percent (75%) to holders of its Common Units until the aggregate amount so paid and deemed to be distributed pursuant to this Section 7.4.3.2 with respect to such Quarter is equal to the Second Incentive Tier Amount; and

7.4.3.3Third, NEE Operating LP will pay fifty percent (50%) of any remaining Adjusted Available Cash to the Manager and will be deemed to distribute fifty percent (50%) to holders of its Common Units;

provided that, in each case, the IDR Fee for such quarter shall be paid as contemplated by this Section 7.4.3 until (x) the aggregate deemed per Common Unit distribution to holders of its Common Units pursuant to this Section 7.4.3 equals (y) the per Common Unit distribution declared by NEE Operating LP to holders of its Common Units in accordance with the Partnership Agreement for the applicable Quarter; provided further that the aggregate IDR Fee payable for such quarter pursuant to this Section 7.4.3 shall in no event exceed $14,039,546.64.

7.4.4If the Minimum Quarterly Distribution is adjusted in accordance with Section 6.6 of the Partnership Agreement, the Maximum Incentive Threshold, the Base Target Quarterly Distribution, the First Target Quarterly Distribution, the Second Target Quarterly Distribution and the Third Target Quarter Distribution will each be adjusted correspondingly in the same proportion as the amount by which the Minimum Quarterly Distribution is so adjusted relative to the Minimum Quarterly Distribution prior to such adjustment.

7.4.5If the Minimum Quarterly Distribution has been reduced to zero pursuant to Section 6.6 of the Partnership Agreement and the Base Target Quarterly Distribution, the First Target Quarterly Distribution, the Second Target Quarterly Distribution and the Third Target Quarterly Distribution have also been reduced to zero pursuant to Section 7.4.4, the IDR Fee will be payable solely in accordance with Section 7.4.3.3 in respect of Adjusted Available Cash that is deemed to be Operating Surplus under the Partnership Agreement. For the purposes of any IDR Fee payable pursuant to this Section 7.4.5 and in accordance with Section 7.4.3.3 as described in the immediately preceding sentence, the final two provisos of Section 7.4.3 shall not apply to the calculation of such IDR Fee.

7.4.6Upon the dissolution of NEE Operating LP in accordance with Article XII of the Partnership Agreement, to the extent that NEE Operating LP receives cash in excess of that required to discharge liabilities as provided in Section 12.4 of the Partnership Agreement, NEE Operating LP will not pay the IDR Fee to the Manager on any such excess.

7.5Expenses

7.5.1The Manager acknowledges and agrees that the Service Recipients will not be required to reimburse any member of the Manager Group for the salaries and other compensation of the management, personnel or support staff of the Manager Group who provide the Services to such Service Recipients or overhead for such persons, except as otherwise provided by Section 7.5.2.10.
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7.5.2NEE Operating LP, on behalf of the Service Recipients, shall reimburse the Manager for all out-of-pocket fees, costs and expenses, including those of any third party (other than those contemplated by Section 7.5.1 hereof (except as otherwise provided by Section 7.5.2.10)) ("Expenses"), incurred by the Manager or any member of the Manager Group in connection with the provision of the Services, provided that, if any Expenses arise from Services that are shared with the Manager or any member of the Manager Group, the Manager shall in good faith determine the portion of Expenses allocable to members of the Manager Group. Expenses are expected to include, among other things:

7.5.2.1Public Company Expenses;

7.5.2.2fees, costs and expenses relating to any debt or equity financing (including the arrangement thereof) for any member of the NEP Group;

7.5.2.3out-of-pocket fees, costs and expenses incurred in connection with operation and maintenance services to the extent not otherwise provided in the Operating and Administrative Agreements;

7.5.2.4taxes, licenses and other statutory fees or penalties levied against or in respect of a Service Recipient in respect of Services;

7.5.2.5amounts paid by the relevant member of the Manager Group under indemnification, contribution or similar arrangements;

7.5.2.6fees, costs and expenses relating to financial reporting, regulatory filings, investor relations and similar activities and the fees, costs and expenses of agents, advisors, consultants and other Persons who provide Services to or on behalf of a Service Recipient;

7.5.2.7any other fees, costs and expenses incurred by any member of the Manager Group that are reasonably necessary for the performance by the Manager of its duties and functions under this Agreement;

7.5.2.8fees, expenses and costs incurred in connection with the investigation, acquisition, holding or disposal of any asset or business (including with respect to any Acquired Assets) that is made or that is proposed to be made by the Service Recipients, provided that, where the acquisition or proposed acquisition involves an investment that is made alongside one or more other Persons (including NextEra Energy, Inc. and its Affiliates (other than members of the NEP Group)), the Manager shall allocate such fees, expenses and costs in proportion to the notional amount of the investment made (or that would have been made in the case of an unconsummated acquisition) among members of the NEP Group and such other Persons;

7.5.2.9premiums, deductibles and other costs, fees and expenses for insurance policies covering assets of the Service Recipients and other members of the NEP Group, together with other applicable insurance in respect of the members of the NEP Group against other risks; and

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7.5.2.10to the extent the Manager determines in good faith that additional operational staff is needed for the proper provision of the Services to the Service Recipients after the date hereof, the salaries and other compensation of such staff.

7.6Governmental Charges

Without limiting Section 7.5 above, NEE Operating LP, on behalf of the Service Recipients, shall pay or reimburse the relevant member of the Manager Group for all sales taxes, use taxes, value added taxes, withholding taxes or other similar taxes, customs duties or other governmental charges ("Governmental Charges") that are levied or imposed by any Governmental Authority by reason of this Agreement or any other agreement contemplated by this Agreement, or the fees or other amounts payable hereunder or thereunder, except for any income taxes, corporate taxes, capital gains taxes or other similar taxes payable by any member of the Manager Group. Any failure by the Manager Group to collect monies on account of these Governmental Charges shall not constitute a waiver of the right to do so.

7.7Computation and Payment of Expenses and Governmental Charges

Within thirty (30) days after the end of each calendar month, the Manager shall, or shall cause the other Service Providers to, prepare statements (each, an "Expense Statement")documenting the Expenses and Governmental Charges incurred or paid during such calendar month that are to be reimbursed pursuant to this Article 7 and shall deliver such statements to NEE Operating LP and the relevant Service Recipient, provided that, if the Manager fails to include Expenses and Governmental Charges for any calendar month in the Expense Statement for such month, then the Manager shall be entitled to include such Expenses and Governmental Charges in a subsequent Expense Statement. All Expenses and Governmental Charges reimbursable pursuant to this Article 7 shall be reimbursed by NEE Operating LP no later than the date that is thirty (30) days after receipt of an Expense Statement. The provisions of this Section 7.7 shall survive the termination of this Agreement.

ARTICLE 8
REPRESENTATIONS AND WARRANTIES
OF THE MANAGER AND THE NEP PARTIES

8.1Representations and Warranties of the Manager

The Manager hereby represents and warrants to the NEP Parties that:

8.1.1it is validly organized and existing under the laws of the State of Delaware;

8.1.2it or another Service Provider, as applicable, holds, and shall hold, such Permits as are necessary to perform its obligations hereunder and is not aware of, or shall inform the Service Recipients promptly upon knowledge of, any reason why such Permits might no longer be valid;

8.1.3it has the power, capacity and authority to enter into this Agreement and to perform its obligations hereunder;

8.1.4it has taken all necessary action to authorize the execution, delivery and performance of this Agreement;
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8.1.5the execution and delivery of this Agreement by it and the performance by it of its obligations hereunder do not and will not contravene, breach or result in any default under its Governing Instruments, or under any mortgage, lease, agreement or other legally binding instrument, Permit or applicable Law to which it is a party or by which it or any of its properties or assets may be bound, except for any such contravention, breach or default which would not have a material adverse effect on the Manager's ability to perform its obligations under this Agreement;

8.1.6no authorization, consent or approval of, or filing with or notice to, any Person is required in connection with the execution, delivery or performance by it of this Agreement; and

8.1.7this Agreement constitutes its valid and legally binding obligation, enforceable against it in accordance with its terms, subject to (a) applicable bankruptcy, insolvency, moratorium, fraudulent conveyance, reorganization and other laws of general application limiting the enforcement of creditors' rights and remedies generally and (b) general principles of equity, including standards of materiality, good faith, fair dealing and reasonableness, equitable defenses and limits as to the availability of equitable remedies, whether such principles are considered in a proceeding at law or in equity.

8.2Representations and Warranties of the NEP Parties

Each of the NEP Parties hereby represents and warrants to the Manager that:

8.2.1    it (and, if applicable, its managing member or general partner) is validly organized and existing under the Laws governing its formation and organization;

8.2.2it, or the relevant Service Recipient, holds such Permits necessary to own and operate the projects and entities that it directly or indirectly owns or operates from time to time and is not aware of any reason why such Permits might no longer be valid;

8.2.3it (or, as applicable, its managing member or general partner on its behalf) has the power, capacity and authority to enter into this Agreement and to perform its duties and obligations hereunder;

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8.2.4it (or, as applicable, its managing member or general partner) has taken all necessary action to authorize the execution, delivery and performance of this Agreement;

8.2.5the execution and delivery of this Agreement by it (or, as applicable, its managing member or general partner on its behalf) and the performance by it of its obligations hereunder do not and will not contravene, breach or result in any default under its Governing Instruments (or, if applicable, the Governing Instruments of its managing member or general partner), or under any mortgage, lease, agreement or other legally binding instrument, Permit or applicable Law to which it is a party or by which any of its properties or assets may be bound, except for any such contravention, breach or default that would not have a material adverse effect on the business, assets, financial condition or results of operations of the Service Recipients as a whole;

8.2.6no authorization, consent or approval of, or filing with or notice to, any Person is required in connection with the execution, delivery or performance by it (or, as applicable, its managing member or general partner on its behalf) of this Agreement; and

8.2.7this Agreement constitutes its valid and legally binding obligation, enforceable against it in accordance with its terms, subject to (a) applicable bankruptcy, insolvency, moratorium, fraudulent conveyance, reorganization and other laws of general application limiting the enforcement of creditors' rights and remedies generally and (b) general principles of equity, including standards of materiality, good faith, fair dealing and reasonableness, equitable defenses and limits as to the availability of equitable remedies, whether such principles are considered in a proceeding at law or in equity.

ARTICLE 9
LIABILITY AND INDEMNIFICATION

9.1Indemnity

9.1.1The NEP Parties hereby jointly and severally agree, to the fullest extent

9.1.2permitted by applicable Laws, to indemnify, defend and hold harmless, and to cause each other Service Recipient to indemnify, defend and hold harmless, each member of the Manager Group and any directors, officers, agents, members, partners, stockholders and employees and other representatives of each member of the Manager Group (each, a "Manager Indemnified Party") from and against any claims, liabilities, losses, damages, costs or expenses (including legal fees) ("Liabilities") incurred by them or threatened in connection with any and all actions, suits, investigations, proceedings or claims of any kind whatsoever, whether arising under statute or action of a Governmental Authority or otherwise or in connection with the business, investments and activities of the Service Recipients or in respect of or arising from this Agreement or the Services provided hereunder ("Claims"), including any Claims arising on account of the Governmental Charges contemplated by Section 7.6 hereof, provided that no Manager Indemnified Party shall be so indemnified with respect to any Claim to the extent that such Claim is finally determined by a final and non-appealable judgment entered by a court of competent jurisdiction to have resulted from such Manager Indemnified Party's bad faith, fraud, willful misconduct or recklessness or, in the case of a criminal matter, conduct undertaken with actual knowledge that the conduct was unlawful.
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9.1.3If any action, suit, investigation, proceeding or claim is made or brought by any third party with respect to which a Service Recipient is obligated to provide indemnification under this Agreement (a "Third Party Claim"), the Manager Indemnified Party will have the right to employ its own counsel in connection therewith, and the reasonable fees and expenses of such counsel, as well as the reasonable costs (excluding an amount reimbursed to such Manager Indemnified Party for the time spent in connection therewith) and out-of-pocket expense incurred in connection therewith, shall be paid by or on behalf of the NEP Parties as incurred, but shall be subject to recoupment by the NEP Parties if ultimately they are not liable to pay indemnification hereunder.

9.1.4The Manager shall, or shall cause the applicable Manager Indemnified Party to, promptly after the receipt of notice of the commencement of any Third Party Claim, notify the NEP Parties in writing of the commencement of such Third Party Claim (provided that any unintentional failure to provide any such notice will not prejudice the right of any such Manager Indemnified Party hereunder) and, throughout the course of such Third Party Claim, such Manager Indemnified Party will use its reasonable best efforts to provide copies of all relevant documentation to the NEP Parties, to keep the NEP Parties apprised of the progress thereof and to discuss with the NEP Parties all significant actions proposed.

9.1.5The parties hereto expressly acknowledge and agree that the right to indemnity provided in this Section 9.1 shall be in addition to and not in derogation of any other liability which the NEP Parties or other Service Recipients in any particular case may have or of any other right to indemnity or contribution which any Manager Indemnified Party may have by statute or otherwise at law.

9.1.6The indemnity provided in this Section 9.1 shall survive the completion of Services rendered under, or any termination or purported termination of, this Agreement.

9.2Limitation of Liability

9.2.1Neither the Manager nor any other member of the Manager Group assumes any responsibility under this Agreement other than to render the Services in good faith, and no member of the Manager Group will be responsible for any action of a Service Recipient (including its Governing Body) in following or declining to follow any advice or recommendations of the relevant Service Provider.

9.2.2No Manager Indemnified Party will be liable to a Service Recipient, a Service Recipient's Governing Body (including, for greater certainty, a director or officer of a Service Recipient or another individual with similar function or capacity) or any security holder or partner of a Service Recipient for any Liabilities that may occur as a result of any acts or omissions by the Manager Indemnified Party pursuant to or in accordance with this Agreement.

9.2.3Notwithstanding anything to the contrary in this Agreement, the maximum amount of the aggregate liability of the Manager Indemnified Parties pursuant to this Agreement will be equal to the amounts of Management Fees previously paid in respect of Services pursuant to this Agreement in the most recent calendar year by the Service Recipients pursuant to Article 7 (but will be no less than four million U.S. dollars ($4,000,000)).

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9.2.4For the avoidance of doubt, the provisions of this Section 9.2 shall survive the completion of the Services rendered under, or any termination or purported termination of, this Agreement.

ARTICLE 10
TERM AND TERMINATION

10.1Term

This Agreement shall continue in full force and effect until January 1, 2068 and shall be automatically renewed for each successive five-year period thereafter unless, no later than ninety (90) days prior to the date of any such renewal, NEE Operating LP or the Manager provides written notice to the other that it does not wish for this Agreement to be renewed, provided that NEE Operating LP shall not be permitted to provide any such notice that it does not wish for this Agreement to be renewed without the prior written consent of the Manager if, at the time this Agreement would terminate following the provision of such notice, any of the Operating and Administrative Agreements would remain in effect, provided further that this Agreement may be earlier terminated in accordance with Section 10.2 or Section 10.3. Notwithstanding the foregoing or anything else in this Agreement to the contrary, Section 7.3, Section 7.4 and Article 9 (in respect of the Manager) shall remain in full force and effect until the later of (a) the termination of this entire Agreement in accordance with Section 10.2 or Section 10.3 and (b) the dissolution of NEE Operating LP in accordance with Section 12.1 of the Partnership Agreement.

10.2Termination by NEE Operating LP

10.2.1 NEE Operating LP on behalf of the Service Recipients may, subject to Section 10.2.2, terminate this Agreement effective upon ninety (90) days' prior written notice of termination to the Manager without payment of any termination fee if:

10.2.1.1the Manager defaults in the performance or observance of any material term, condition or agreement contained in this Agreement in a manner that results in material harm to the Service Recipients and such default continues for a period of ninety (90) days after written notice thereof is given to the Manager specifying such default and requesting that the same be remedied in such ninety (90) day period;

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10.2.1.2the Manager engages in any act of fraud, misappropriation of funds or embezzlement against any Service Recipient that results in material harm to the Service Recipients;

10.2.1.3the Manager is reckless in the performance of its obligations under this Agreement, and such recklessness results in material harm to the Service Recipients;

10.2.1.4the Manager makes a general assignment for the benefit of its creditors, institutes proceedings to be adjudicated voluntarily bankrupt, consents to the filing of a petition of bankruptcy against it, is adjudicated by a court of competent jurisdiction as being bankrupt or insolvent, seeks reorganization under any bankruptcy law or consents to the filing of a petition seeking such reorganization or has a decree entered against it by a court of competent jurisdiction appointing a receiver liquidator, trustee or assignee in bankruptcy or in insolvency; or

10.2.1.5the board of directors of NEE Partners determines in good faith that the Manager has intentionally or willfully defaulted in the performance of its obligations under Section 3.4.2, such default has caused, or would reasonably be expected to cause, material harm to NEE Partners and its subsidiaries, taken as a whole, and such default continues for a period of ninety (90) days after written notice thereof is given to the Manager specifying such default and requesting that the same be remedied in such ninety (90) day period.

10.2.2 This Agreement may only be terminated pursuant to Section 10.2.1 above by NEE Operating LP with the prior written approval of the board of directors of NEE Partners and the Conflicts Committee.

10.2.3 This Agreement may not be terminated by any of the NEP Parties due solely to the poor performance or underperformance of any of its Subsidiaries or the Business or any investment made by any member of the NEP Group on the recommendation of any member of the Manager Group or any change of control of the Manager.

10.3Termination by the Manager

The Manager may terminate this Agreement without payment of any termination fee, effective one hundred eighty (180) days after written notice of termination has been given to the NEP Parties:

10.3.1 if any NEP Party defaults in the performance or observance of any material term, condition or agreement contained in this Agreement in a manner that results in material harm to any member of the Manager Group and such default continues for a period of ninety (90) days after written notice thereof specifying such default and requesting that the same be remedied in such ninety (90) day period;

10.3.2 if, with respect to any Service Recipient and its Subsidiaries (but solely with respect to such Service Recipient and its Subsidiaries), such Service Recipient makes a general assignment for the benefit of its creditors, institutes proceedings to be adjudicated voluntarily
25



bankrupt, consents to the filing of a petition of bankruptcy against it, is adjudicated by a court of competent jurisdiction as being bankrupt or insolvent, seeks reorganization under any bankruptcy law or consents to the filing of a petition seeking such reorganization or has a decree entered against it by a court of competent jurisdiction appointing a receiver liquidator, trustee or assignee in bankruptcy or in insolvency; or

10.3.3 if neither NextEra Energy, Inc. nor any of its controlled Affiliates Controls each of NEE Partners and NEE Operating LP (without regard to the rights and obligations of the parties under this Agreement).

10.4Survival upon Termination

If this Agreement is terminated pursuant to this Article 10, such termination will be without any further liability or obligation of any party hereto, except for any rights or obligations that accrued prior to such termination and except as provided in Section 6.4, Section 7.3, Article 9 and this Article 10.
10.5Action upon Termination

10.5.1 From and after the effective date of the termination of this Agreement, the Manager shall not be entitled to receive the Management Fee for further Services under this Agreement, but will be paid all compensation and reimbursed for all Expenses and Governmental Charges accruing up to and including the date of termination.

10.5.2Upon any termination of this Agreement, the Manager shall forthwith:

10.5.2.1deliver to the Service Recipients a full accounting covering the period following the date of the last accounting furnished to the Service Recipients; and

10.5.2.2deliver to the Service Recipients all property and documents of the Service Recipients then in the custody of the Manager Group (subject to the Manager's right to retain a copy of each document for document retention purposes).

ARTICLE 11
GENERAL PROVISIONS

11.1Amendment

Except as expressly provided in this Agreement, no amendment of, supplement to or waiver of this Agreement will be binding unless the amendment, supplement or waiver is executed in writing by each party to be bound thereby, provided, however, that NEE Operating LP may not, without the prior approval of the Conflicts Committee, agree to any amendment of, supplement to or waiver of this Agreement that, in the determination of the board of directors of NEE Partners, would be materially adverse to the holders of NEE Partners Common Units.

26




11.2Waiver

No waiver of any provision of this Agreement will constitute a waiver of any other provision, and no waiver of any provision of this Agreement will constitute a continuing waiver unless otherwise expressly provided. A party's failure or delay in exercising any right under this Agreement will not operate as a waiver of that right. A single or partial exercise of any right will not preclude a party from any other or further exercise of that right or the exercise of any other right.

11.3Assignment

11.3.1 This Agreement shall not be assigned by the Manager without the prior written consent of the board of directors of NEE Partners (which shall not be unreasonably withheld), except (a) pursuant to Section 2.3 hereof, (b) in the case of assignment to a Person that is the Manager's successor by merger, consolidation, purchase of assets or other similar transaction, in which case the successor shall be bound under this Agreement and by the terms of the assignment in the same manner as the Manager is bound under this Agreement, or (c) to an Affiliate of the Manager or a Person that, in the reasonable and good faith determination of the board of directors of NEE Partners and the Conflicts Committee, is an experienced and reputable manager, in which case the Affiliate or assignee shall be bound under this Agreement and by the terms of the assignment in the same manner as the Manager is bound under this Agreement. Notwithstanding the foregoing, nothing contained in this Agreement shall preclude (i) any pledge, hypothecation or other transfer or assignment of the Manager's rights, title and interest under this Agreement, including any amounts payable to the Manager under this Agreement, to a bona fide Financing Party as security for debt financing to the Manager or any other member of the Manager Group, or (ii) the assignment of such rights, title and interest under this Agreement upon exercise of remedies by a Financing Party following a default by the Manager or any other member of the Manager Group under financing agreements entered into with the Financing Parties.

11.3.2This Agreement shall not be assigned by any of the Service Recipients without the prior written consent of the Manager, except in the case of assignment by any such Service Recipient to a Person that is its successor by merger, consolidation or purchase of assets, in which case the successor shall be bound under this Agreement and by the terms of the assignment in the same manner as such Service Recipient is bound under this Agreement. Notwithstanding the foregoing, nothing contained in this Agreement shall preclude (i) any pledge, hypothecation or other transfer or assignment of any NEP Party's rights, title and interest under this Agreement, including any amounts payable to such NEP Party or any other member of the NEP Group under this Agreement, to a bona fide Financing Party as security for debt financing to and interest under this Agreement upon exercise of remedies by a Financing Party following a default by such NEP Party or any other member of the NEP Group under financing agreements entered into with the Financing Parties.

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11.3.3Notwithstanding the provisions in Section 11.3.1 and Section 11.3.2, the Manager may assign its right to receive the IDR Fee hereunder, in whole or in part, to any person without the consent of any other party hereto.

11.3.4 Any purported assignment of this Agreement in violation of this Article 11 shall be null and void.

11.4Failure to Pay When Due

Any amount payable by any NEP Party to any member of the Manager Group hereunder that is not remitted when so due will remain due (whether on demand or otherwise), and interest will accrue on such overdue amounts (both before and after judgment) at a rate per annum equal to the Interest Rate.

11.5Invalidity of Provisions

Each of the provisions contained in this Agreement is distinct and severable and a declaration of invalidity or unenforceability of any such provision or part thereof by a court of competent jurisdiction will not affect the validity or enforceability of any other provision hereof. To the extent permitted by applicable law, the parties waive any provision of law that renders any provision of this Agreement invalid or unenforceable in any respect. The parties will engage in good faith negotiations to replace any provision that is declared invalid or unenforceable with a valid and enforceable provision, the economic effect of which comes as close as possible to that of the invalid or unenforceable provision that it replaces.

11.6Entire Agreement

This Agreement constitutes the entire agreement among the parties pertaining to the subject matter of this Agreement. There are no warranties, conditions, or representations (including any that may be implied by statute), and there are no agreements in connection with such subject matter, except as specifically set forth or referred to in this Agreement. No reliance is placed on any warranty, representation, opinion, advice or assertion of fact made prior to, contemporaneously with, or after entering into, this Agreement by any party to this Agreement or its directors, officers, employees or agents, to any other party to this Agreement or its directors, officers, employees or agents, except to the extent that the same has been reduced to writing and included as a term of this Agreement, and none of the parties to this Agreement has been induced to enter into this Agreement by reason of any such warranty, representation, opinion, advice or assertion of fact. Accordingly, there will be no liability, either in tort or in contract, assessed in relation to any such warranty, representation, opinion, advice or assertion of fact, except to the extent contemplated above.

For the avoidance of doubt, nothing in this Agreement should be construed or interpreted as an amendment, modification or termination of, or conflict with, any of the Operating and Administrative Agreements. Each such agreement, and all its terms, including payments to be made thereunder, shall survive the entry into this Agreement and shall terminate in accordance with its terms.
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11.7    Mutual Waiver of Jury Trial

AS A SPECIFICALLY BARGAINED FOR INDUCEMENT FOR EACH OF THE PARTIES HERETO TO ENTER INTO THIS AGREEMENT (AFTER HAVING THE OPPORTUNITY TO CONSULT WITH COUNSEL), EACH PARTY HERETO EXPRESSLY WAIVES THE RIGHT TO TRIAL BY JURY IN ANY LAWSUIT OR PROCEEDING RELATING TO OR ARISING IN ANY WAY FROM THIS AGREEMENT OR THE MATTERS CONTEMPLATED HEREBY.

11.8Consent to Jurisdiction and Service of Process

EACH OF THE PARTIES IRREVOCABLY SUBMITS TO THE NON-EXCLUSIVE JURISDICTION OF THE FEDERAL COURTS OF THE UNITED STATES OF AMERICA LOCATED IN THE CITY AND COUNTY OF NEW YORK, BOROUGH OF MANHATTAN, FOR THE PURPOSES OF ANY SUIT, ACTION OR OTHER PROCEEDING ARISING OUT OF THIS AGREEMENT, ANY RELATED AGREEMENT OR ANY TRANSACTION CONTEMPLATED HEREBY OR THEREBY. EACH OF THE PARTIES HERETO FURTHER AGREES THAT SERVICE OF ANY PROCESS, SUMMONS, NOTICE OR DOCUMENT BY U.S. REGISTERED MAIL TO SUCH PARTY’S RESPECTIVE ADDRESS SET FORTH BELOW SHALL BE EFFECTIVE SERVICE OF PROCESS FOR ANY ACTION, SUIT OR PROCEEDING WITH RESPECT TO ANY MATTERS TO WHICH IT HAS SUBMITTED TO JURISDICTION IN THIS PARAGRAPH. EACH OF THE PARTIES HERETO IRREVOCABLY AND UNCONDITIONALLY WAIVES ANY OBJECTION TO THE LAYING OF VENUE OF ANY ACTION, SUIT OR PROCEEDING ARISING OUT OF THIS AGREEMENT, ANY RELATED DOCUMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY AND THEREBY IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF DELAWARE, AND HEREBY AND THEREBY FURTHER IRREVOCABLY AND UNCONDITIONALLY WAIVES AND AGREES NOT TO PLEAD OR CLAIM IN ANY SUCH COURT THAT ANY SUCH ACTION, SUIT OR PROCEEDING BROUGHT IN ANY SUCH COURT HAS BEEN BROUGHT IN AN INCONVENIENT FORUM.

11.9Governing Law

The internal law of the State of New York will govern and be used to construe this Agreement without giving effect to applicable principles of conflicts of law to the extent that the application of the laws of another jurisdiction would be required thereby.

11.10Enurement

This Agreement will enure to the benefit of and be binding upon the parties hereto and their respective successors and permitted assigns.

11.11Notices

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Any notice, demand or other communication to be given under or by reason of the provisions of this Agreement shall be in writing and shall be deemed to have been given (a) when delivered personally to the recipient, (b) when sent by confirmed electronic mail or facsimile if sent during normal business hours of the recipient or, if not sent during such hours, then on the next Business Day, (c) one (1) Business Day after it is sent to the recipient by reputable overnight courier service (charges prepaid) or (d) three (3) Business Days after it is mailed to the recipient by first class mail, return receipt requested. Such notices, demands and other communications shall be sent to the Persons and addresses specified below or to such other Person or address as the recipient party shall have specified by prior written notice to the sending party. Any party may change such party's address for receipt of notice by giving prior written notice of the change to the sending party as provided herein. Notices and other communications will be addressed as follows:

If to NEE Partners:

NextEra Energy Partners, LP
700 Universe Boulevard
Juno Beach, FL 33408
Attn: Corporate Secretary
Facsimile: (561) 691-7702
Email: Scott.Seeley@nexteraenergy.com
with a copy to:
NextEra Energy Partners, LP
700 Universe Boulevard
Juno Beach, FL 33408
Attn: General Counsel
Facsimile: (561) 691-7702
Email: Charles.Sieving@nexteraenergy.com


If to NEE Operating GP:

NextEra Energy Operating Partners GP, LLC
700 Universe Boulevard
Juno Beach, FL 33408
Attn: Secretary
Facsimile: (561) 691-7702
Email: Charlotte.Anderson@nexteraenergy.com
with a copy to:
NextEra Energy Operating Partners GP, LLC
700 Universe Boulevard
Juno Beach, FL 33408
Attn: General Counsel

30



Facsimile: (561) 691-7702
Email: Mitch.Ross@nexteraenergy.com


If to NEE Operating LP:

NextEra Energy Operating Partners, LP
c/o NextEra Energy Operating Partners GP, LLC
700 Universe Boulevard
Juno Beach, FL 33408
Attn: Secretary
Facsimile: (561) 691-7702
Email: Charlotte.Anderson@nexteraenergy.com

with a copy to:
NextEra Energy Operating Partners, LP
c/o NextEra Energy Operating Partners GP, LLC
700 Universe Boulevard
Juno Beach, FL 33408
Attn: General Counsel
Facsimile: (561) 691-7702
Email: Mitch.Ross@nexteraenergy.com

If to the Manager:

NextEra Energy Management Partners, LP
c/o NextEra Energy Management Partners GP, LLC
700 Universe Boulevard
Juno Beach, FL 33408
Attn: Secretary
Facsimile: (561) 691-7702
Email: Charlotte.Anderson@nexteraenergy.com
with a copy to:
NextEra Energy Management Partners, LP
c/o NextEra Energy Management Partners GP, LLC
700 Universe Boulevard
Juno Beach, FL 33408
Attn: General Counsel
Facsimile: (561) 691-7702
Email: Mitch.Ross@nexteraenergy.com


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11.12Further Assurances

Each of the parties hereto will promptly do, make, execute or deliver, or cause to be done, made, executed or delivered, all such further acts, documents and things as the other party hereto may reasonably require from time to time for the purpose of giving effect to this Agreement and will use reasonable efforts and take all such steps as may be reasonably within its power to implement to their full extent the provisions of this Agreement.

11.13Counterparts

This Agreement may be signed in counterparts and each of such counterparts will constitute an original document and such counterparts, taken together, will constitute one and the same instrument.

[Remainder of Page Left Intentionally Blank]



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IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first above written.


NEXTERA ENERGY PARTNERS, LP



By: JOHN W. KETCHUM                
John W. Ketchum
Chief Executive Officer


NEXTERA ENERGY OPERATING PARTNERS GP, LLC

                        
By: REBECCA J. KUJAWA            
Rebecca J. Kujawa    
President


NEXTERA ENERGY OPERATING PARTNERS, LP

By: NextEra Energy Operating Partners GP, LLC, its General Partner

By: REBECCA J. KUJAWA            
Rebecca J. Kujawa    
President

NEXTERA ENERGY MANAGEMENT PARTNERS, LP

By: NextEra Energy Management Partners GP, LLC, its General Partner

By: REBECCA J. KUJAWA            
Rebecca J. Kujawa    
President
33




Schedule I
Additional Service Recipients
Name        Jurisdiction

Adelanto Solar Funding, LLC                         Delaware
Adelanto Solar Holdings, LLC                     Delaware
Adelanto Solar II, LLC                         Delaware
Adelanto Solar, LLC                             Delaware
Alta Wind VIII, LLC                             Delaware
Ashtabula Wind II, LLC                         Delaware
Ashtabula Wind III, LLC                         Delaware
Baldwin Wind Energy, LLC                         Delaware
Baldwin Wind Holdings, LLC                         Delaware
Baldwin Wind, LLC                             Delaware
Bayhawk Wind Holdings, LLC                     Delaware
Bayhawk Wind, LLC                             Delaware
Borderlands Wind, LLC                         Delaware
Borderlands Wind Holdings, LLC                     Delaware
Brady Interconnection, LLC                         Delaware
Brady Wind II, LLC                             Delaware
Brady Wind, LLC                             Delaware
Breckinridge Wind Class A Holdings, LLC                 Delaware
Breckinridge Wind Project, LLC                     Delaware
Carousel Wind Farm, LLC                         Delaware
Carousel Wind Holdings, LLC                     Delaware
Cedar Bluff Wind, LLC                         Delaware
Cool Springs Solar, LLC                         Delaware
Coram California Development, LP                     Delaware
Coram Energy LLC                             Delaware
Coram Tehachapi, LLC                         Delaware
Cottonwood Wind Project Holdings, LLC                 Delaware
Cottonwood Wind Project, LLC                     Delaware
Desert Sunlight 250, LLC                         Delaware
Desert Sunlight 300, LLC                         Delaware
Desert Sunlight Holdings, LLC                     Delaware
Desert Sunlight Investment Holdings, LLC                 Delaware
Dodge Flat Solar, LLC                         Delaware
Dogwood Wind Holdings, LLC                     Delaware
Dogwood Wind, LLC                             Delaware
Dos Caminos, LLC                             Delaware
Eagle Ford Midstream, LP                         Texas
Elk City Wind Holdings, LLC                         Delaware
Elk City Wind, LLC                             Delaware
Elora Solar, LLC                             Delaware
Ensign Wind Energy, LLC                         Delaware
Fish Springs Ranch Solar, LLC                     Delaware
FPL Energy Stateline Holdings, L.L.C.                 Delaware
FPL Energy Vansycle L.L.C.                         Florida
Garden Wind, LLC                             Delaware
I-1




Name        Jurisdiction

Genesis Purchaser Holdings, LLC                     Delaware
Genesis Purchaser, LLC                         Delaware
Genesis Solar Funding Holdings, LLC                 Delaware
Genesis Solar Funding, LLC                         Delaware
Genesis Solar Holdings, LLC                         Delaware
Genesis Solar, LLC                             Delaware
Golden Hills Interconnection, LLC                     Delaware
Golden Hills North Wind, LLC                     Delaware
Golden Hills Wind, LLC                         Delaware
Golden Plains Class A Holdings, LLC                     Delaware
Golden Plains Funding, LLC                         Delaware
Golden Plains, LLC                             Delaware
Golden West Power Partners, LLC                     Delaware
Golden West Wind Holdings, LLC                     Delaware
Granite Reliable Power, LLC                         Delaware
Hatch Solar Energy Center I, LLC                     New Mexico
High Winds, LLC                             Delaware
Hubbard Wind, LLC                             Delaware
HW CA Holdings, LLC                         Delaware
Irish Creek Wind, LLC                         Delaware
Javelina Interconnection, LLC                         Delaware
Javelina Wind Energy Holdings, LLC                     Delaware
Javelina Wind Energy II, LLC                         Delaware
Javelina Wind Energy, LLC                         Delaware
Javelina Wind Funding, LLC                         Delaware
Javelina Wind Holdings II, LLC                     Delaware
Kingman Wind Energy I, LLC                     Delaware
Kingman Wind Energy II, LLC                     Delaware
LaSalle Pipeline, LP                             Texas
Little Blue Wind Project, LLC                         Delaware
Mammoth Plains Wind Project Holdings, LLC             Delaware
Mammoth Plains Wind Project, LLC                     Delaware
Marshall Solar, LLC                             Delaware
McCoy Solar Funding, LLC                         Delaware
McCoy Solar Holdings, LLC                         Delaware
McCoy Solar, LLC                             Delaware
Meade Pipeline Co LLC                         Delaware
Meade Pipeline Investment Holdings, LLC                 Delaware
Meade Pipeline Investment, LLC                     Delaware
Meadowlark Wind Holdings, LLC                     Delaware
Meadowlark Wind, LLC                         Delaware
Minco Wind Energy III, LLC                         Delaware
Mission Natural Gas Company, LP                     Texas
Mission Valley Pipeline Company, LP                 Texas
Monarch Wind Holdings, LLC                     Delaware
Monarch Wind, LLC                             Delaware
Moonlight Bay Class A Holdings, LLC                 Delaware
I-2




Name        Jurisdiction

Moonlight Bay Renewables, LLC         Delaware
Mountain Prairie Wind Holdings, LLC                 Delaware
Mountain Prairie Wind, LLC                         Delaware
Mountain View Solar Holdings, LLC                     Delaware
Mountain View Solar, LLC                         Delaware
NEP DC Holdings, LLC                         Delaware
NEP Renewables Holdings II, LLC                     Delaware
NEP Renewables Holdings, LLC                     Delaware
NEP Renewables II, LLC                         Delaware
NEP Renewables, LLC                         Delaware
NET General Partners, LLC                         Texas
NET Holdings Management, LLC                     Delaware
NET Mexico Pipeline Partners, LLC                     Delaware
NET Mexico Pipeline, LP                         Texas
NET Midstream, LLC                             Texas
NET Pipeline Holdings LLC                         Delaware
NextEra Desert Center Blythe, LLC                     Delaware
NextEra Desert Sunlight Holdings, LLC                 Delaware
NextEra Energy Bluff Point, LLC                     Delaware
NextEra Energy Operating Partners GP, LLC                 Delaware
NextEra Energy Operating Partners, LP                 Delaware
NextEra Energy Partners Acquisitions, LLC                 Delaware
NextEra Energy Partners Constructors, LLC                 Delaware
NextEra Energy Partners Pipelines Holdings, LLC             Delaware
NextEra Energy Partners Pipelines, LLC                 Delaware
NextEra Energy Partners Solar Acquisitions, LLC             Delaware
NextEra Energy Partners Ventures, LLC                 Delaware
NextEra Energy Partners, LP                         Delaware
NextEra Energy US Partners Holdings, LLC                 Delaware
Ninnescah Wind Energy LLC                         Delaware
Nokota Wind Holdings, LLC                         Delaware
Nokota Wind, LLC                             Delaware
Northern Colorado Interconnect, LLC                     Delaware
Northern Colorado Wind Energy Center II, LLC             Delaware
Northern Colorado Wind Energy Center, LLC                 Delaware
Northern Colorado Wind Energy, LLC                 Delaware
Oliver Wind III, LLC                             Delaware
Osborn Wind Energy, LLC                         Delaware
Pacific Plains Wind Class A Holdings, LLC                 Delaware
Pacific Plains Wind, LLC                         Delaware
Palo Duro Wind Energy, LLC                         Delaware
Palo Duro Wind Interconnection Services, LLC             Delaware
Palo Duro Wind Portfolio, LLC                     Delaware
Palo Duro Wind Project Holdings, LLC                 Delaware
Palomino Wind Holdings, LLC                     Delaware
Palomino Wind, LLC                             Delaware
Perrin Ranch Wind, LLC                         Delaware
I-3




Name        Jurisdiction

Prairie View Wind Holdings, LLC                     Delaware
Quitman II Solar, LLC                         Delaware
Quinebaug Solar, LLC                             Delaware
Red Gate Pipeline, LP                             Texas
Redwood Meade Midstream MPC, LLC                 Delaware
Redwood Meade Pipeline, LLC                     Delaware
Redwood Midstream, LLC                         Delaware
RET Coram Tehachapi Wind GP, LLC                 Delaware
Ret Tehachapi Wind Development, LLC                 Delaware
River Road Interests LLC                         Delaware
Rosmar Holdings, LLC                         Delaware
Rosmar Portfolio, LLC                         Delaware
Roswell Solar Holdings, LLC                         Delaware
Roswell Solar, LLC                             Delaware
Rush Springs Wind Energy, LLC                     Delaware
Seiling Wind Holdings, LLC                         Delaware
Seiling Wind II, LLC                             Delaware
Seiling Wind Interconnection Services, LLC                 Delaware
Seiling Wind Investments, LLC                     Delaware
Seiling Wind Portfolio, LLC                         Delaware
Seiling Wind, LLC                             Delaware
Shafter Solar Holdings, LLC                         Delaware
Shafter Solar, LLC                             Delaware
Sierra Solar Funding, LLC                         Delaware
Sierra Solar Holdings, LLC                         Delaware
Silver State Solar Power South, LLC                     Delaware
Silver State South Solar, LLC                         Delaware
South Shore Pipeline L.P.                         Texas
South Texas Midstream Holdings, LLC                 Delaware
South Texas Midstream, LLC                         Delaware
Southwest Solar Holdings, LLC                     Delaware
SSSS Holdings, LLC                             Delaware
Star Moon Holdings, LLC                         Delaware
Stargrass Class A Holdings, LLC                     Delaware
Stargrass, LLC                             Delaware
Tuscola Bay Wind, LLC                         Delaware
Tusk Wind Holdings, LLC                         Delaware
Tusk Wind Holdings II, LLC                         Delaware
Tusk Wind Holdings III, LLC                         Delaware
Tusk Wind Holdings IV, LLC                         Delaware
Tusk Wind Holdings V, LLC                         Delaware
White Mesa Wind, LLC                         Delaware
White Oak Energy Holdings, LLC                     Delaware
White Oak Energy LLC                         Delaware
Wilmot Energy Center, LLC                        Delaware
Windstar Energy, LLC                            California
I-4