NextEra Energy Partners (NYSE: NEP) has fallen on hard times. Surging interest rates have delivered a double whammy. They've made borrowing money to refinance existing funding and finance new acquisitions a lot more expensive. They have also weighed on its stock price, which has lost two-thirds of its value from the peak. That has driven up its dividend yield to more than 10%.

However, that headwind should fade this year as the Federal Reserve cuts rates. In addition, the company is working hard to shore up its financial position so it can start growing again. If everything goes according to plan, these catalysts could give the renewable energy company the power to produce prodigious total returns.

NextEra Energy Partners pays one of the highest-yielding dividends around. At the current rate, a $1,000 investment could generate more than $100 of annual dividend income.

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Source Fool.com