Nextera Energy Inc Stock Price, News & Analysis

NextEra Energy, Inc. (NEE) and NextEra Energy Partners, LP (NEP) have announced a series of investor meetings in September and October. The meetings will focus on discussing long-term growth rate expectations for both companies. Presentation materials are available on their investor websites. NextEra Energy is recognized as a leader in clean energy and serves over 5.6 million customer accounts in Florida, while NextEra Energy Partners focuses on acquiring and managing contracted clean energy projects. These discussions are crucial for stakeholders assessing long-term value.

Pacific Gas and Electric (PG&E) has deployed a linear generator at its Angwin distribution microgrid in Napa County, utilizing natural gas and renewable biogas to replace diesel generation. This initiative, in collaboration with NextEra Energy Resources and Mainspring Energy, aims to enhance clean energy solutions during emergencies like winter storms and Public Safety Power Shutoff (PSPS) events. The pilot project seeks to reduce diesel utilization and emissions while providing reliable power. NextEra has financed the $150 million deployment, emphasizing the potential of the linear generator for low-cost, clean energy in California.

NextEra Energy Partners, LP (NYSE: NEP) has successfully completed its acquisition of a 391-megawatt wind portfolio, enhancing its renewable energy assets in California and New Hampshire. This strategic move aligns with NEP's long-term growth plan aimed to boost unitholder value. The portfolio includes four wind facilities with nearly 400 MW of contracted capacity secured with investment-grade customers, promising stable cash flows over an average contract life of 13 years. This acquisition supports NEP's forecasted growth in distributions per unit by 12% to 15% through 2024.

NextEra Energy, Inc. (NYSE: NEE) and NextEra Energy Partners, LP (NYSE: NEP) announced participation in investor meetings throughout August 2021 to discuss long-term growth expectations. The meetings aim to provide insights into expected earnings and operational performance for both companies. Presentation materials are accessible on their respective investor relations websites. NextEra Energy, a leader in clean energy, serves over 5.6 million customer accounts and operates the largest rate-regulated electric utility in the U.S. Meanwhile, NextEra Energy Partners focuses on managing contracted clean energy projects.

Florida Power & Light has announced a four-year rate settlement agreement to phase in new rates starting in 2022, developed with key stakeholders. The settlement supports infrastructure, clean energy, and innovative technology investments, including a plan to install 30 million solar panels by 2030. The agreement reduces proposed revenue increases significantly, from $1.1 billion to $692 million. It aims to keep residential bills below the national average while promoting electric vehicle infrastructure and enhancing storm resilience. The settlement is pending approval by the Florida Public Service Commission.

NextEra Energy (NYSE: NEE) announced a quarterly common stock dividend of $0.385 per share, payable on Sept. 15, 2021, to shareholders of record as of Aug. 27, 2021. The company, based in Juno Beach, Florida, is a leading clean energy firm operating the largest rate-regulated electric utility in the U.S. and is a top generator of renewable energy. With over 5.6 million customer accounts, NextEra Energy is committed to delivering clean, reliable, and affordable electricity while maintaining strong sustainability practices.

NextEra Energy, Inc. has published its second-quarter 2021 financial results on its website. The company, a leader in clean energy, operates Florida Power & Light Company, the largest rate-regulated electric utility in the U.S. serving over 5.6 million customers. NextEra Energy is recognized for its commitment to sustainability, ranked as the top electric and gas utility on Fortune's 2021 "World's Most Admired Companies" list. An investor presentation discussing the financial results will take place at 9 a.m. ET, with a replay available for 90 days.

NextEra Energy Partners, LP (NYSE: NEP) released its second-quarter 2021 financial results, which are accessible on their website. The partnership focuses on acquiring and managing renewable energy projects, offering stable cash flows. Jim Robo, CEO, and Rebecca Kujawa, CFO, will present the financial results during a live webcast at 9 a.m. ET today. A replay will be available for 90 days. For more insights, visit www.NextEraEnergyPartners.com/FinancialResults.

NextEra Energy plans to report its second-quarter 2021 financial results on July 23, 2021, before the NYSE opens. The results will be published exclusively on its website. An investor presentation discussing these results will take place at 9 a.m. ET on the same day, featuring executives including Jim Robo and Rebecca Kujawa. The presentation will also cover financial outcomes for NextEra Energy Partners, LP (NEP). Financial results will be available for download starting at 7:30 a.m. ET on July 23.