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Nextra Energy, Inc. - NEE STOCK NEWS

Welcome to our dedicated page for Nextra Energy news (Ticker: NEE), a resource for investors and traders seeking the latest updates and insights on Nextra 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.

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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.

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NextEra Energy, Inc. has published its second-quarter 2021 financial results on its website. The company, a leader in clean energy, operates Florida Power & Light Company, the largest rate-regulated electric utility in the U.S. serving over 5.6 million customers. NextEra Energy is recognized for its commitment to sustainability, ranked as the top electric and gas utility on Fortune's 2021 "World's Most Admired Companies" list. An investor presentation discussing the financial results will take place at 9 a.m. ET, with a replay available for 90 days.

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NextEra Energy Partners, LP (NYSE: NEP) released its second-quarter 2021 financial results, which are accessible on their website. The partnership focuses on acquiring and managing renewable energy projects, offering stable cash flows. Jim Robo, CEO, and Rebecca Kujawa, CFO, will present the financial results during a live webcast at 9 a.m. ET today. A replay will be available for 90 days. For more insights, visit www.NextEraEnergyPartners.com/FinancialResults.

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NextEra Energy plans to report its second-quarter 2021 financial results on July 23, 2021, before the NYSE opens. The results will be published exclusively on its website. An investor presentation discussing these results will take place at 9 a.m. ET on the same day, featuring executives including Jim Robo and Rebecca Kujawa. The presentation will also cover financial outcomes for NextEra Energy Partners, LP (NEP). Financial results will be available for download starting at 7:30 a.m. ET on July 23.

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NextEra Energy Partners, LP (NYSE: NEP) will report its second-quarter 2021 financial results before the New York Stock Exchange opens on July 23, 2021. A detailed news release will be available on its website at www.NextEraEnergyPartners.com/FinancialResults. Senior management, including CEO Jim Robo and CFO Rebecca Kujawa, will discuss the results during a live investor presentation at 9 a.m. ET on the same day. Financial releases and presentation materials will be accessible from 7:30 a.m. ET on July 23.

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NextEra Energy Partners, LP (NYSE: NEP) has priced $500 million in 0% convertible senior notes due June 2024, targeting qualified institutional buyers. The offering is set to close on June 17, 2021, subject to customary conditions. The conversion rate offers a 20% premium to the closing price of $75.42 and involves capped call transactions with a strike price of $90.5043. The net proceeds, estimated at $498.6 million, will fund part of a 391-megawatt wind project acquisition. The notes are unregistered under the Securities Act.

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NextEra Energy, Inc. (NEE) and NextEra Energy Partners, LP (NEP) announced investor meetings in June 2021 to discuss long-term growth expectations. NextEra Energy, a clean energy leader, serves over 5.6 million accounts through Florida Power & Light Company and is the world's largest generator of renewable energy from wind and solar. It also owns nuclear facilities across several states. Furthermore, NextEra Energy Partners focuses on acquiring and managing contracted clean energy projects, generating stable cash flows. More details can be found on their respective investor websites.

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NextEra Energy Partners, LP (NYSE: NEP) has announced a private placement offering of $500 million in convertible senior notes due 2024. The notes will be available to qualified institutional buyers under Rule 144A of the Securities Act. Proceeds from the offering will fund the acquisition of a 391-megawatt wind project portfolio and other general partnership purposes. Upon conversion, holders may receive cash or common units, subject to NEP's discretion. The notes are guaranteed on a senior unsecured basis by NextEra Energy Operating Partners, LP.

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NextEra Energy (NEE) joins the MIT Leaders for Global Operations (LGO) program as a new industry partner, enhancing its commitment to sustainability and energy transition. MIT LGO, in collaboration with the MIT Sloan School of Management and MIT School of Engineering, offers an interdisciplinary dual degree program that includes internships. In 2020, NextEra invested over $14 billion in clean energy infrastructure. The partnership aims to leverage student talent for innovative energy solutions, starting with a project focused on electric vehicle adoption.

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Florida Power & Light Company (FPL) has surpassed 40% completion of its ambitious '30-by-30' plan to install 30 million solar panels by 2030, achieving over 12 million installations. The initiative positions Florida as a leader in solar energy, with FPL expecting to save customers around $421 million over the assets' lifetimes. With 42 operational solar energy centers, FPL aims for over 15 million panels by early 2022. Furthermore, the company plans to construct the world's largest integrated solar-powered battery system, further enhancing its renewable energy portfolio.

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FAQ

What is the current stock price of Nextra Energy (NEE)?

The current stock price of Nextra Energy (NEE) is $71.67 as of December 20, 2024.

What is the market cap of Nextra Energy (NEE)?

The market cap of Nextra Energy (NEE) is approximately 144.6B.

What is NextEra Energy, Inc.?

NextEra Energy, Inc. (NYSE: NEE) is a leading clean energy company based in Juno Beach, Florida, with a focus on generating capacity, renewable energy, and electric utility services.

What businesses does NextEra Energy operate?

NextEra Energy operates Florida Power & Light Company, the largest rate-regulated utility in Florida, and NextEra Energy Resources, the world's largest generator of renewable energy from wind and solar.

How many employees does NextEra Energy have?

NextEra Energy employs approximately 14,900 people across the United States and Canada.

What recent financial activities has NextEra Energy undertaken?

Recently, NextEra Energy Capital Holdings priced $1.0 billion in subordinated debentures aimed at funding energy projects and general corporate purposes.

What are the recent developments in Florida Power & Light?

FP&L has secured approval for consecutive rate decreases to lower customer bills, reflecting lower fuel prices and ending surcharges for hurricane restoration costs.

How does NextEra Energy contribute to renewable energy?

NextEra Energy Resources focuses on renewable energy, with more than 30 GW of generation capacity from wind, solar, and battery storage.

Is NextEra Energy involved in nuclear power?

Yes, NextEra Energy operates seven commercial nuclear power units in Florida, New Hampshire, and Wisconsin, generating clean, emissions-free electricity.

What recognitions has NextEra Energy received for its efforts?

NextEra Energy has been acknowledged for its sustainability, corporate responsibility, ethics, and diversity, including being named No. 1 in Fortune's 'World's Most Admired Companies'.

What is the significance of NextEra Energy's stock symbol?

NextEra Energy is listed under the ticker symbol NEE on the New York Stock Exchange, reflecting its presence as a major player in the clean energy sector.

Where can I find financial results for NextEra Energy?

NextEra Energy's financial results are posted on its website at www.NextEraEnergy.com/FinancialResults and are also discussed in investor presentations available online.

Nextra Energy, Inc.

NYSE:NEE

NEE Rankings

NEE Stock Data

144.60B
2.05B
0.09%
82.86%
1.66%
Utilities - Regulated Electric
Electric Services
Link
United States of America
JUNO BEACH