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NextEra Energy, Inc. (NYSE: NEE) is a leading American energy company headquartered in Juno Beach, Florida. With a generating capacity of approximately 58 gigawatts (GW), the company reported revenues exceeding $18 billion in 2020 and employs around 14,900 individuals across the United States and Canada. As the largest electric utility holding company by market capitalization, NextEra Energy is a significant player in the energy sector.
NextEra Energy's principal subsidiary, Florida Power & Light (FP&L), is the largest rate-regulated utility in Florida. FP&L serves nearly 6 million customer accounts, providing clean, affordable, and reliable electricity to over 12 million residents. It generates 34 GW of power, contributing roughly 70% of NextEra's consolidated operating earnings.
Another key segment of NextEra Energy is NextEra Energy Resources, the renewable energy sector. This division is the world's largest generator of renewable energy from wind and solar sources and a global leader in battery storage, boasting over 30 GW of generation capacity. The company’s portfolio includes diverse sources such as natural gas, nuclear, wind, and solar energy.
Recent achievements include the successful pricing of $1.0 billion in subordinated debentures by NextEra Energy Capital Holdings, a move aimed at funding investments in energy projects and repaying commercial paper obligations. Additionally, FP&L has secured regulatory approval for consecutive rate decreases, reflecting its commitment to lowering customer bills and maintaining affordability.
NextEra Energy is frequently recognized for its efforts in sustainability, corporate responsibility, ethics, and diversity. In 2023, it was ranked No. 1 in the electric and gas utilities industry in Fortune's list of 'World's Most Admired Companies' and was also noted for its contributions to global environmental goals. The company operates seven commercial nuclear power units across Florida, New Hampshire, and Wisconsin, generating emissions-free electricity.
NextEra Energy, Inc. (NYSE: NEE) has released its third-quarter 2022 financial results, available on its website. The presentation includes insights from CEO John Ketchum and CFO Kirk Crews, highlighting the company's leadership in clean energy generation. NextEra operates Florida Power & Light Company, serving 5.8 million customer accounts, and is recognized as a top generator of renewable energy globally. The company continues to focus on sustainability and has received various accolades for its corporate responsibility and environmental leadership.
NextEra Energy Partners, LP (NYSE: NEP) announced the availability of its third-quarter 2022 financial results. The report can be accessed on their website. CEO John Ketchum and CFO Kirk Crews will discuss these results during a live webcast at 9 a.m. ET. NextEra Energy Partners focuses on acquiring and managing contracted clean energy projects, ensuring stable cash flows. The partnership includes diverse wind, solar, energy storage, and natural gas assets across the U.S.
NextEra Energy Partners, LP (NYSE: NEP) announced a quarterly distribution of $0.7875 per common unit, translating to an annualized rate of $3.15. This distribution will be paid on November 14, 2022, to unitholders on record as of November 4, 2022. The partnership, headquartered in Juno Beach, Florida, focuses on acquiring and managing clean energy projects, ensuring stable cash flows. NEP's investments span wind, solar, and energy storage projects across the U.S., alongside natural gas assets in Texas and Pennsylvania.
The board of directors of NextEra Energy (NYSE: NEE) has declared a quarterly common stock dividend of $0.425 per share. The dividend is set to be paid on December 15, 2022, to shareholders on record as of November 25, 2022. NextEra Energy, based in Juno Beach, Florida, is a leading clean energy provider and owns Florida Power & Light Company, the largest electric utility in the U.S., serving over 12 million people. The company is recognized for its leadership in renewable energy generation and sustainability initiatives.
NextEra Energy, Inc. (NYSE: NEE) will report its third-quarter 2022 financial results before the NYSE opens on Oct. 28, 2022. The results will be accessible on the company’s website, and a live investor presentation will start at 9 a.m. ET the same day. Key executives, including John Ketchum and Kirk Crews, will discuss the outcomes, which will also cover NextEra Energy Partners, LP (NYSE: NEP). A replay of the presentation will be available for 90 days.
NextEra Energy Partners, LP (NYSE: NEP) has announced it will report its third-quarter 2022 financial results on October 28, 2022, prior to the market opening. An advisory release will follow on the same day, directing investors to the results on the company’s website. A live investor presentation will take place at 9 a.m. ET on October 28, with senior management discussing the results alongside NextEra Energy, Inc. (NYSE: NEE). The presentation and financial results will be accessible online.
NextEra Energy (NYSE: NEE) has appointed Nicole S. Arnaboldi to its board of directors, effective immediately. Arnaboldi, a partner at Oak Hill Capital Management since 2021, brings over three decades of experience in investment banking and private equity, previously serving as vice chairman at Credit Suisse Asset Management. Her extensive expertise in finance is expected to enhance the company's strategic direction as it aims to lead in U.S. decarbonization efforts. NextEra Energy is recognized as a top clean energy company and the largest electric utility in the U.S., providing power to over 12 million Floridians.
NextEra Energy, Inc. (NYSE: NEE) and NextEra Energy Partners, LP (NYSE: NEP) are set to present at the 2022 Wolfe Research Utilities, Midstream & Clean Energy Conference in New York City on Sept. 29, 2022, at noon ET. The presentation will be accessible via a live audio webcast, and materials will be available on their respective investor websites. NextEra Energy is a leader in clean energy, owning Florida Power & Light and generating renewable energy worldwide. NextEra Energy Partners focuses on acquiring and managing contracted clean energy projects.
Florida Power & Light Company (FPL) announced a plan to refund approximately 5.8 million customers nearly $400 million in savings due to federal production tax credits for solar energy centers. A one-time refund of $25 million will occur in January 2023, with additional savings of $360 million phased in from 2023 to 2025. FPL projects the typical 1,000-kWh residential customer bill to be $126.65 in January, the lowest among Florida's investor-owned utilities. Despite this, some advocacy groups are appealing the rate agreement that facilitates these savings.