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.
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 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, 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).
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.
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.
NextEra Energy, Inc. (NEE) has announced the release date for its third-quarter 2021 financial results, scheduled for October 20, 2021, before the New York Stock Exchange opens. The results will be accessible on the company's website, with a live investor presentation at 9 a.m. ET the same day. This event will also cover financial results for NextEra Energy Partners, LP (NEP). NextEra Energy remains a leading clean energy provider with extensive operations in renewable energy and utility services, serving over 5.6 million consumer accounts.
NextEra Energy Partners, LP (NYSE: NEP) will report its third-quarter 2021 financial results on October 20, 2021, before NYSE opening. The results will be available on the company's website, with an advisory release on PR Newswire. An investor presentation will follow at 9 a.m. ET the same day, discussing results for both NEP and its parent, NextEra Energy, Inc. (NYSE: NEE). For access to the webcast and results, visit www.NextEraEnergyPartners.com/FinancialResults.
FAQ
What is the current stock price of Nextera Energy (NEE)?
What is the market cap of Nextera Energy (NEE)?
What is NextEra Energy, Inc.?
What businesses does NextEra Energy operate?
How many employees does NextEra Energy have?
What recent financial activities has NextEra Energy undertaken?
What are the recent developments in Florida Power & Light?
How does NextEra Energy contribute to renewable energy?
Is NextEra Energy involved in nuclear power?
What recognitions has NextEra Energy received for its efforts?
What is the significance of NextEra Energy's stock symbol?
Where can I find financial results for NextEra Energy?
