Nextera Energy Inc Stock Price, News & Analysis

NextEra Energy (NYSE: NEE) has appointed Geoffrey S. Martha to its board of directors. Martha, currently the chairman and CEO of Medtronic, brings extensive experience in finance, global business, technology, and manufacturing. His leadership at Medtronic has focused on leveraging cutting-edge technologies such as robotics, data analytics, and AI. John Ketchum, NextEra's CEO, highlighted Martha's strategic expertise and anticipates his insights will support NextEra's growth and its mission to meet the rising electricity demand in the U.S. Martha's extensive background includes roles at GE Healthcare and GE Capital, among others.

NextEra Energy (NYSE: NEE) announced the sale of $2 billion in equity units to Wells Fargo Securities and BofA Securities, expected to close on June 20, 2024. Each unit, valued at $50, includes a contract to buy NEE common stock and a 5% interest in a debenture due 2029. The annual distribution rate is 7.299%. In three years, holders must purchase NEE stock at prices between $72.31 and $90.38. The net proceeds of $1.94 billion will fund energy projects and other corporate purposes.

NextEra Energy (NYSE: NEE), a leading clean energy company, announced that its senior management team will participate in investor meetings throughout June 2024. Presentation materials are available on the company's investor relations website.

NextEra Energy owns Florida Power & Light Company, the largest electric utility in the U.S., serving over 12 million people in Florida. It also operates NextEra Energy Resources, the world's leading generator of renewable energy from wind and solar, and a top player in battery storage.

The company generates clean, emissions-free electricity from nuclear power units in Florida, New Hampshire, and Wisconsin. Recognized as a Fortune 200 company, NextEra Energy is noted for its sustainability, corporate responsibility, ethics, compliance, and diversity efforts.

NextEra Energy Partners (NYSE: NEP) has announced that its senior management team will engage with investors throughout June 2024 to discuss long-term growth-rate expectations, reaffirming those mentioned in their Q1 2024 financial results on April 23, 2024. Information related to this, including the April 23 news release and June 2024 investor presentation, is available on their website. The company focuses on acquiring and managing contracted clean energy assets, including renewable energy projects such as wind, solar, and battery storage, and natural gas pipeline assets in Pennsylvania.

NextEra Energy (NYSE: NEE) announces plans to sell $2 billion in equity units. Each unit includes a $50 contract to purchase future common stock and a 5% interest in a $1,000 debenture due 2029, guaranteed by NextEra Energy.

Holders must complete stock purchases by June 1, 2027, potentially using proceeds from debenture remarketing. Expected net proceeds of approximately $1.94 billion will be used for energy investments, corporate purposes, and repayment of commercial paper obligations.

This announcement doesn't constitute an offer or solicitation to sell securities. NextEra Energy, headquartered in Juno Beach, FL, is a leading clean energy company and America's largest electric utility, serving over 12 million people in Florida and leading in renewable energy generation globally.

Entergy (NYSE: ETR) and NextEra Energy Resources, a NextEra Energy subsidiary (NYSE: NEE), have announced a joint development agreement to develop up to 4.5 gigawatts (GW) of new solar and energy storage projects. This five-year agreement aims to expand Entergy's renewable energy portfolio and address growing electricity demand in Arkansas, Louisiana, Mississippi, and Texas. This collaboration builds on an existing partnership, adding to the 1.7 GW of renewable projects already in progress. Entergy aims to leverage this initiative to provide low-cost, renewable energy to its customers.

NextEra Energy (NYSE: NEE) will host an investor conference on June 11, 2024, in New York City from 8:30 a.m. to 12:30 p.m. ET.

Senior executives will discuss the company's long-term growth rate expectations. The presentation materials will be accessible from 8:15 a.m. ET at www.NextEraEnergy.com, and there will be a live audio webcast starting at 8:30 a.m. ET. A replay of the webcast will be available for 30 days.

NextEra Energy, headquartered in Juno Beach, Florida, is a leading clean energy company and owns Florida Power & Light Company and NextEra Energy Resources. The firm is recognized for its sustainability, corporate responsibility, ethics, and diversity.

The board of directors of NextEra Energy (NYSE: NEE) has declared a regular quarterly common stock dividend of $0.515 per share. This dividend will be payable on June 17, 2024, to shareholders of record as of June 3, 2024.

NextEra Energy is a leading clean energy company based in Juno Beach, Florida. It owns Florida Power & Light Company, the largest electric utility in the U.S., serving approximately 12 million people. NextEra also owns NextEra Energy Resources, the largest generator of renewable energy from wind and solar globally, and operates seven commercial nuclear power units in Florida, New Hampshire, and Wisconsin.

The company is recognized for its sustainability, corporate responsibility, ethics, and diversity. More details can be found on their official websites.

NextEra Energy, Inc. announced organizational changes appointing Kirk Crews as executive vice president and chief risk officer, and Brian Bolster as executive vice president, finance and CFO. Both members will report directly to John Ketchum, chairman and CEO, and the changes are effective immediately. The move aims to strengthen the leadership team to lead the energy transition and exploit growth opportunities. Mr. Crews brings deep financial acumen and leadership skills, while Mr. Bolster has an extensive background in power and renewables sector. These changes are part of the company's strategy to enhance growth moving forward.