Nextera Energy Inc Stock Price, News & Analysis

NextEra Energy, Inc. (NYSE: NEE) and NextEra Energy Partners, LP (NYSE: NEP) are set to present at the 2022 Wolfe Research Utilities, Midstream & Clean Energy Conference in New York City on Sept. 29, 2022, at noon ET. The presentation will be accessible via a live audio webcast, and materials will be available on their respective investor websites. NextEra Energy is a leader in clean energy, owning Florida Power & Light and generating renewable energy worldwide. NextEra Energy Partners focuses on acquiring and managing contracted clean energy projects.

Florida Power & Light Company (FPL) announced a plan to refund approximately 5.8 million customers nearly $400 million in savings due to federal production tax credits for solar energy centers. A one-time refund of $25 million will occur in January 2023, with additional savings of $360 million phased in from 2023 to 2025. FPL projects the typical 1,000-kWh residential customer bill to be $126.65 in January, the lowest among Florida's investor-owned utilities. Despite this, some advocacy groups are appealing the rate agreement that facilitates these savings.

NextEra Energy (NEE) announced the sale of equity units worth $2.0 billion to Citigroup, Goldman Sachs & Co. LLC, and Mizuho, expected to close on Sept. 19, 2022. Each unit, priced at $50, includes a contract to purchase common stock and a 5% ownership interest in a debenture due Sept. 1, 2027. The total annual distribution on these units will be 6.926%. Proceeds, estimated at $1.94 billion, will support energy projects and repay commercial paper obligations.

NextEra Energy, Inc. (NYSE: NEE) announced plans to sell $2.0 billion of equity units, consisting of a stock purchase contract and a 5% ownership interest in a debenture due Sept. 1, 2027. Each unit is priced at $50. The issuance aims to generate approximately $1.94 billion in net proceeds for funding energy projects and general corporate purposes. Stock purchase obligations must be fulfilled by Sept. 1, 2025. This sale is part of NextEra's ongoing strategy to bolster its clean energy investments.

NextEra Energy, Inc. (NEE) and NextEra Energy Partners, LP (NEP) announced that Kirk Crews, CFO of both companies, will present at the 2022 Barclays CEO Energy-Power Conference on Sept. 7, 2022, at 9:10 a.m. ET. The event will take place in New York City, with a live audio webcast accessible on their respective investor websites. Following the presentation, a replay will be available for 90 days. Both companies are prominent in the clean energy sector, with significant operational footprints in renewable energy generation and electric utility services.

NextEra Energy, Inc. (NYSE: NEE) announced the settlement rate for stock purchase contracts linked to corporate units issued in September 2019. Effective September 1, 2022, holders will receive 0.7212 shares of NEE common stock per unit, with cash for any fractional shares. The settlement is based on the average closing price for 20 trading days up to August 29, 2022. NextEra anticipates receiving $1.5 billion in exchange for approximately 21.64 million shares. Furthermore, corporate unit holders will receive a quarterly cash distribution of $0.609 per unit on the same date.

NextEra Energy, Inc. (NYSE: NEE) and NextEra Energy Partners, LP (NYSE: NEP) announced upcoming investor meetings between late August and September. Key discussions will focus on long-term growth rate expectations for both companies. NextEra Energy is recognized as a leader in clean energy, owning Florida Power & Light, the largest electric utility in America. The companies' presentations and details are available on their respective investor websites. These meetings aim to bolster investor relations by providing insights into future growth projections.

The board of directors of NextEra Energy declared a quarterly common stock dividend of $0.425 per share, payable on September 15, 2022. Shareholders of record on August 30, 2022 will receive the dividend. NextEra Energy is recognized as a leader in clean energy and owns Florida Power & Light, serving over 12 million people. It is also the world's largest generator of renewable energy, focusing on sustainable practices.

NextEra Energy Capital Holdings will conduct a remarketing of its Series J Debentures worth $1.5 billion due on Sept. 1, 2024, starting on Aug. 2, 2022. The successful remarketing will reset the interest rate to facilitate a price that meets or exceeds certain purchase prices. Proceeds will be used to buy U.S. Treasury securities or cash equivalents, ensuring the obligation to purchase NextEra Energy common stock by Sept. 1, 2022. Major banks involved include Barclays, Goldman Sachs, and Credit Suisse.