Nextera Energy Inc Stock Price, News & Analysis

NextEra Energy Partners, LP (NYSE: NEP) announced a private placement offering of $500 million in convertible senior notes due 2026, aimed at qualified institutional buyers. The proceeds will fund a portion of a 1,080-megawatt renewable portfolio acquisition, repay corporate borrowings, and cover capped call transactions. The notes, fully guaranteed by NextEra Energy Operating Partners, LP, can be converted into common units or cash. The offering is not registered under the Securities Act and is limited to qualified buyers.

NextEra Energy Partners has announced an agreement to acquire a 49% interest in an approximately 1.5-gigawatt renewables portfolio and about 100% of the indirect membership interests in a 345-MW portfolio of operational wind assets. The acquisition is valued at approximately $805 million and will be funded through a 10-year convertible equity portfolio financing with Ontario Teachers' Pension Plan Board. This strategic move aims to enhance the partnership's portfolio diversity and is expected to yield adjusted EBITDA of $210 million to $230 million and CAFD of $62 million to $72 million.

NextEra Energy, Inc. (NYSE: NEE) and NextEra Energy Partners, LP (NYSE: NEP) will participate in the EEI Financial Conference from Nov. 13-15, 2022. Senior management will discuss growth rate expectations and partake in investor meetings throughout November and December. NextEra Energy, a leader in clean energy, operates Florida Power & Light Company, serving over 12 million people. It also owns substantial renewable energy assets. Investors can find presentation materials on their websites for detailed insights.

NextEra Energy Resources, in partnership with Coffee County, Alabama, plans to construct the state's inaugural landfill renewable natural gas (RNG) production facility. This project will upgrade the current landfill gas collection system and capture over 16,500 metric tons of methane gas annually. The facility aims to produce 1,100 standard cubic feet per minute of RNG, with all output sold to Southeast Gas under a long-term contract. Estimated to create 50-60 construction jobs, construction is expected to begin in Q2 2023, pending necessary permits.

NextEra Energy, Inc. (NYSE: NEE) has released its third-quarter 2022 financial results, available on its website. The presentation includes insights from CEO John Ketchum and CFO Kirk Crews, highlighting the company's leadership in clean energy generation. NextEra operates Florida Power & Light Company, serving 5.8 million customer accounts, and is recognized as a top generator of renewable energy globally. The company continues to focus on sustainability and has received various accolades for its corporate responsibility and environmental leadership.

NextEra Energy Partners, LP (NYSE: NEP) announced the availability of its third-quarter 2022 financial results. The report can be accessed on their website. CEO John Ketchum and CFO Kirk Crews will discuss these results during a live webcast at 9 a.m. ET. NextEra Energy Partners focuses on acquiring and managing contracted clean energy projects, ensuring stable cash flows. The partnership includes diverse wind, solar, energy storage, and natural gas assets across the U.S.

NextEra Energy Partners, LP (NYSE: NEP) announced a quarterly distribution of $0.7875 per common unit, translating to an annualized rate of $3.15. This distribution will be paid on November 14, 2022, to unitholders on record as of November 4, 2022. The partnership, headquartered in Juno Beach, Florida, focuses on acquiring and managing clean energy projects, ensuring stable cash flows. NEP's investments span wind, solar, and energy storage projects across the U.S., alongside natural gas assets in Texas and Pennsylvania.

The board of directors of NextEra Energy (NYSE: NEE) has declared a quarterly common stock dividend of $0.425 per share. The dividend is set to be paid on December 15, 2022, to shareholders on record as of November 25, 2022. NextEra Energy, based in Juno Beach, Florida, is a leading clean energy provider and owns Florida Power & Light Company, the largest electric utility in the U.S., serving over 12 million people. The company is recognized for its leadership in renewable energy generation and sustainability initiatives.

NextEra Energy, Inc. (NYSE: NEE) will report its third-quarter 2022 financial results before the NYSE opens on Oct. 28, 2022. The results will be accessible on the company’s website, and a live investor presentation will start at 9 a.m. ET the same day. Key executives, including John Ketchum and Kirk Crews, will discuss the outcomes, which will also cover NextEra Energy Partners, LP (NYSE: NEP). A replay of the presentation will be available for 90 days.