NextEra Energy Partners (NEP) 10-Q 2016 Q3 Quarterly report

Exhibit 12

NEXTERA ENERGY PARTNERS, LP

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES AND

RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED UNIT DISTRIBUTIONS^(a) 

	Nine Months Ended   September 30, 2016
	(millions of dollars)
Earnings, as defined:
Net income	$	149
Income tax expense	15
Fixed charges included in the determination of net income, as below	209
Amortization of capitalized interest	4
Distributed income of equity method investees	—
Less:  Equity in earnings (loss) of equity method investees	(20		)
Total earnings, as defined	$	397
Fixed charges, as defined:
Interest expense	$	203
Rental interest factor	6
Fixed charges included in the determination of net income	209
Capitalized interest	—
Total fixed charges, as defined	$	209
Ratio of earnings to fixed charges and ratio of earnings to combined fixed charges and preferred unit distributions(a)	1.90

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(a) NextEra Energy Partners, LP has no preference equity securities outstanding; therefore, the ratio of earnings to fixed charges is the same as the ratio of earnings to combined fixed charges and preferred unit distributions.