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NextEra Energy Inc. (NEE) generates news that matters to energy sector investors tracking both regulated utilities and the clean energy transition. As the largest electric utility holding company in the United States by market capitalization, announcements from NextEra carry weight across power markets, renewable energy development, and utility regulation.
The company's dual business structure produces distinct news streams worth monitoring. Florida Power & Light developments include rate case proceedings before the Florida Public Service Commission, infrastructure investments, and service territory updates affecting millions of Florida electricity customers. These regulatory decisions directly impact the utility's earnings capacity and operational outlook.
NextEra Energy Resources generates news around renewable energy project announcements, power purchase agreements with corporate and utility buyers, and expansion into new markets across North America. As the world's largest wind and solar generator, NEER's project pipeline and partnership announcements signal direction for the broader renewable energy industry. Major technology companies and utilities frequently appear as counterparties in these clean energy deals.
Nuclear power operations produce periodic news around plant performance, regulatory approvals, and license extensions. The company's nuclear fleet represents a significant carbon-free generation source that receives attention during energy policy discussions and capacity planning debates.
Quarterly earnings releases provide visibility into segment performance, with investors parsing results from both the regulated utility and competitive clean energy businesses. Dividend announcements reflect the company's capital return priorities, while investor day presentations outline long-term strategic direction. Follow this page to track NextEra Energy developments as they happen.
NextEra Energy, Inc. (NYSE: NEE) announced the release of its fourth-quarter and full-year 2022 financial results on January 25, 2023. The company, known for being a leader in clean energy, provides electricity to over 12 million people across Florida through its subsidiary Florida Power & Light Company. NextEra Energy is also a major player in renewable energy generation, being the world's largest producer from wind and solar sources. Key financial metrics and insights will be discussed in an investor presentation beginning at 9 a.m. ET, which will also cover results for NextEra Energy Partners, LP (NYSE: NEP). For detailed results, visit www.NextEraEnergy.com/FinancialResults.
NextEra Energy, Inc. (NYSE: NEE) announced leadership changes as Eric Silagy, CEO of Florida Power & Light Company (FPL), plans to retire after 20 years, including 11 years at FPL. Armando Pimentel has been appointed as his successor, effective Feb. 15, 2023, bringing prior experience as CFO for NextEra and FPL. John Ketchum, CEO of NextEra, will serve as chairman of FPL. Silagy praised Florida's transformation under his leadership and expressed confidence in FPL's future. The changes aim to sustain the company's commitment to providing reliable, low-cost energy to over 12 million Floridians.
NextEra Energy Partners, LP (NYSE: NEP) released its fourth-quarter and full-year 2022 financial results on January 25, 2023. The company's earnings and revenue details can be accessed via their website. During a live investor presentation, key executives will discuss these results, including insights related to NextEra Energy, Inc. (NYSE: NEE). NextEra Energy Partners focuses on acquiring and managing contracted clean energy projects that provide stable cash flows, with operations across wind, solar, and energy storage technologies in the U.S., as well as natural gas infrastructure in Texas and Pennsylvania.
Florida Power & Light Company filed a proposal with the Florida Public Service Commission on January 23, 2023, to adjust rates to recover costs related to two hurricanes and natural gas price volatility. The proposal suggests spreading unrecovered fuel costs from 2022 over 21 months and recovery of storm costs over 12 months. Despite a projected increase of approximately 10% for a typical 1,000-kWh residential bill from April 2023, the bill would remain below the national average. The plan aims to mitigate the impact of these costs while ensuring customer bills stay manageable amid fluctuating energy costs.
NextEra Energy, Inc. (NYSE: NEE) will report its fourth-quarter and full-year 2022 financial results on January 25, 2023, before the NYSE opens. A news release will be available on the company's website. An investor presentation, starting at 9 a.m. ET on the same day, will discuss these results, including those of NextEra Energy Partners, LP (NYSE: NEP). The financial results and presentation slides will be accessible from 7:30 a.m. ET on the release day, with a replay available for 90 days.
NextEra Energy Partners, LP (NYSE: NEP) will announce its Q4 and full-year 2022 financial results prior to the NYSE opening on Jan. 25, 2023. A news release will be available on its website. An investor presentation, including discussions on NextEra Energy, Inc. (NYSE: NEE) results, will take place at 9 a.m. ET on the same day. The presentation can be accessed via the company’s website, with results and slides downloadable starting at 7:30 a.m. ET.
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.
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