Nextera Energy Inc Stock Price, News & Analysis

NextEra Energy (NYSE: NEE) and NextEra Energy Partners (NYSE: NEP) will participate in the EEI Financial Conference from Nov. 7 to 9, 2021, engaging in investor meetings throughout November and December. The management team plans to discuss long-term growth rate expectations for both companies. NextEra Energy is recognized as a leader in renewable energy generation and serves over 5.6 million customer accounts through its subsidiary, Florida Power & Light. Interested parties can access presentation materials on the respective investor websites.

NextEra Energy Transmission, a subsidiary of NextEra Energy (NYSE: NEE), has submitted multiple proposals called the New Jersey Seawind Connector to the PJM State Agreement Approach Proposal Window. These proposals aim to help New Jersey meet its energy needs while minimizing environmental impacts. They promise reliable wind energy delivery at significant cost savings for New Jersey's electric customers. With a strong track record in infrastructure projects, NextEra Energy is well-positioned to support the development of a large transmission network.

NextEra Energy Transmission has been awarded the Wolf Creek-Blackberry transmission line project by the Southwest Power Pool (SPP). This 94-mile, 345-kilovolt line will connect Kansas and Missouri, aiming to address regional economic needs. The project is expected to be operational by January 2025, pending regulatory approvals in both states. This award aligns with NextEra's strategy to expand its portfolio of high-quality regulated assets and establishes the company as a competitive transmission operator in the U.S.

NextEra Energy (NYSE: NEE) has partnered with the American Indian Graduate Center to launch a new scholarship program aimed at Native students pursuing energy and STEM degrees. The NextEra Energy Scholarship Program will award 15 scholarships of $5,000 annually for three years, focusing on education that addresses Tribal priorities like climate change and cultural preservation. This collaboration aims to empower Native leaders and support their academic endeavors in energy and environmental fields, reinforcing NextEra's commitment to community engagement and sustainable development.

NextEra Energy Partners (NYSE: NEP) announced its agreement to acquire a 50% stake in a 2,520-MW renewables portfolio for approximately $849 million. This acquisition, alongside a $824 million convertible equity financing with Apollo, enhances NEP's access to low-cost capital and expands its renewable energy footprint into three new states. The portfolio includes wind and solar assets with a weighted average contract life of 19 years, projected to contribute $184-$194 million in adjusted EBITDA and $58-$67 million in cash available for distribution (CAFD) in five years.

NextEra Energy Partners, LP (NYSE: NEP) has released its third-quarter 2021 financial results, accessible on their website. The company focuses on acquiring and managing clean energy projects with stable cash flows from wind, solar, and natural gas assets. An investor presentation, featuring CEO Jim Robo and CFO Rebecca Kujawa, will discuss these results live at 9 a.m. ET, with a replay available for 90 days. NextEra Energy Partners is formed by NextEra Energy, Inc. (NYSE: NEE) and operates diverse energy projects across the U.S.

NextEra Energy, Inc. (NYSE: NEE) released its third-quarter 2021 financial results on its website, revealing its position as a leader in clean energy. The company serves over 5.6 million customer accounts in Florida through Florida Power & Light Company, the largest regulated utility in the U.S. NextEra Energy is recognized for its significant renewable energy generation, contributing to a cleaner environment. The company's investor presentation is scheduled for 9 a.m. ET, providing further insights into the performance and future outlook of both NextEra Energy and NextEra Energy Partners, LP (NYSE: NEP).

The board of directors of NextEra Energy (NYSE: NEE) has declared a quarterly dividend of $0.385 per share, payable on Dec. 15, 2021. Shareholders on record by Nov. 26, 2021 will receive the payment. NextEra Energy is a leading clean energy company, recognized as the largest generator of renewable energy and the largest utility in the U.S. by retail electricity produced.

NextEra Energy (NYSE: NEE) has been recognized by Fortune on its 2021 list of companies that 'Change the World.' This accolade highlights NextEra's commitment to positive social impact through its core business strategy, making it the only U.S. utility to earn this honor. The company leads in renewable energy generation and battery storage while maintaining a strong financial position. NextEra Energy aims to enhance long-term shareholder value through innovative clean energy solutions and infrastructure investments, reflecting its leadership in the clean energy transition.