Welcome to our dedicated page for Nextera Energy news (Ticker: NEE), a resource for investors and traders seeking the latest updates and insights on Nextera Energy stock.
News and regulatory disclosures describe NextEra Energy, Inc. (NYSE: NEE) as one of the largest electric power and energy infrastructure companies in North America and a leading provider of electricity to American homes and businesses. Headquartered in Juno Beach, Florida, the company owns Florida Power & Light Company, America’s largest electric utility by its own description, and NextEra Energy Resources, LLC, an energy infrastructure development business with a portfolio that includes renewables, battery storage, natural gas and nuclear generation.
The NEE news feed highlights company announcements that span utility operations, large-scale infrastructure projects, partnerships with technology companies and capital markets activity. Readers can follow updates on Florida Power & Light’s regulatory matters, such as base rate agreements approved by the Florida Public Service Commission that define new base rates, authorized returns and mechanisms for solar, battery storage and storm cost recovery. News releases also cover FPL leadership changes and investor events where senior management discusses long-term growth expectations.
Beyond regulated utility topics, NextEra Energy and NextEra Energy Resources issue frequent news about transmission and generation projects across the U.S. Examples include high-voltage transmission proposals recommended by regional grid operators, collaborations to develop combined-cycle natural gas-fueled facilities that support multi-gigawatt data center campuses and agreements to supply nuclear-generated electricity from the Point Beach Nuclear Plant. The company also reports on clean energy contracts and storage agreements with major technology firms, including Meta and Google, as well as broader strategic partnerships with Google Cloud that combine data center development with AI-enabled grid and asset management tools.
Investors and observers can use this page to review earnings release dates, investor conference details, financing transactions such as bond and debenture issuances and equity distribution programs, along with extensive cautionary statements about risk factors referenced in the company’s SEC filings. By following the NEE news stream, users gain context on how NextEra Energy manages its regulated utility operations, expands its energy infrastructure footprint and engages with large commercial, industrial and technology customers.
On October 16, 2020, the board of NextEra Energy declared a quarterly dividend of $1.40 per share, which will be adjusted to $0.35 post a four-for-one stock split effective on October 26, 2020. The dividend is scheduled for payment on December 15, 2020, to shareholders recorded by November 27, 2020. NextEra Energy is a leading clean energy provider, owning Florida Power & Light and Gulf Power, serving over 5 million customer accounts.
NextEra Energy, Inc. (NYSE: NEE) will announce its third-quarter 2020 financial results on October 21, 2020, before market open. The results will be accessible via the company's website, with an advisory release on PR Newswire that same morning. An investor presentation with senior management, including CEO Jim Robo, will take place at 9 a.m. ET on the same day, discussing financials for both NextEra Energy and NextEra Energy Partners, LP (NYSE: NEP). A replay will be available for 90 days post-event.
NextEra Energy Partners, LP (NYSE: NEP) will report its third-quarter 2020 financial results on October 21, 2020, before the NYSE opens. The release will be available on its website. A live investor presentation will occur the same day at 9 a.m. ET, discussing results for NextEra Energy, Inc. (NYSE: NEE) as well. Financial results will be downloadable from the website beginning at 7:30 a.m. ET, with a replay available for 90 days.
NextEra Energy, Inc. (NYSE: NEE) and NextEra Energy Partners, LP (NYSE: NEP) will have CEO Jim Robo present at the 2020 Wolfe Research Utilities & Midstream Conference on Sept. 30, 2020, at 11:45 a.m. ET. A live audio webcast and presentation materials will be accessible on their investor websites. NextEra Energy is a leader in clean energy, serving over 5 million customer accounts through its subsidiaries in Florida and is recognized for its sustainability efforts. NextEra Energy Partners focuses on owning contracted clean energy projects and natural gas infrastructure.
NextEra Energy Transmission, a subsidiary of NextEra Energy (NYSE: NEE), is set to acquire GridLiance Holdco and GridLiance GP for approximately $660 million, including debt assumption. Funding will partly come from NextEra's recent equity issuance. GridLiance, with about 700 miles of high-voltage lines, enhances transmission reliability and is positioned to benefit from the anticipated growth in renewable energy. The deal awaits regulatory approval, with a target closing date in 2021.
NextEra Energy Capital Holdings, a subsidiary of NextEra Energy (NYSE: NEE), has announced the redemption of all outstanding Series I and Series J Junior Subordinated Debentures on October 24, 2020. The Series I debentures, totaling $500 million, bear an interest rate of 5.125%, while the Series J debentures, totaling $450 million, have a 5.00% interest rate. Investors will receive the full principal amount along with accrued interest upon redemption. This move highlights NextEra's financial strategy in managing its debt obligations.
NextEra Energy (NYSE: NEE) announced a sale of $2.0 billion in equity units to BofA Securities and Barclays, expected to close on Sept. 18, 2020. Each unit, priced at $50, includes a contract for future common stock purchase and a 5% ownership interest in a debenture due Sept. 1, 2025. The total annual distributions on these units will be 6.219%. The net proceeds from the sale, approximately $1.94 billion, will fund various corporate purposes including energy projects and potential redemptions of junior subordinated debentures.
NextEra Energy, Inc. (NYSE: NEE) plans to sell $2.0 billion of equity units, with each unit priced at $50. The offering comprises a contract for future common stock purchases and a 5% ownership interest in a $1,000 debenture due Sept. 1, 2025. Proceeds, estimated at $1.94 billion, will support energy project investments and corporate purposes, including debt redemption. The company emphasizes that the sale is not an offer for securities and is subject to regulatory compliance. NextEra Energy is a frontrunner in clean energy with a significant market position in Florida.
NextEra Energy, Inc. (NYSE: NEE) has announced an increase in its financial expectations for 2021, projecting adjusted earnings per share between $9.60 and $10.15. The company also expects 6% to 8% growth for 2022 and 2023, based on strong performance across its businesses. Additionally, a four-for-one stock split is approved, making shares more accessible, with distribution slated for Oct. 26, 2020. Adjusted earnings expectations post-split are set at $2.18 to $2.30 for 2020 and $2.40 to $2.54 for 2021.
NextEra Energy, Inc. (NYSE: NEE) and NextEra Energy Partners, LP (NYSE: NEP) have announced participation in various investor meetings throughout September. The senior management will discuss long-term growth expectations. On September 8, 2020, Rebecca Kujawa, CFO, will present at the Barclays CEO Energy-Power Conference at 3:05 p.m. ET, with an audio webcast available. NextEra is noted for being a leading clean energy provider, serving millions and recognized for its sustainability efforts.
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