Nextra Energy, Inc. - NEE STOCK NEWS

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.

NextEra Energy, Inc. (NYSE: NEE) and NextEra Energy Partners, LP (NYSE: NEP) will be presenting at the 2021 Wolfe Research Virtual Utilities, Midstream & Clean Energy Conference on Sept. 30, 2021, at 12:30 p.m. ET. Jim Robo, chairman and CEO, will lead the presentation. A live audio webcast will be accessible on their investor websites, with a replay available for 90 days post-event. NextEra Energy is a leader in clean energy, serving over 5.6 million customer accounts and recognized for sustainability and corporate responsibility.

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.