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.
The U.S. Nuclear Regulatory Commission (NRC) has approved the subsequent license renewal for Florida Power & Light Company's (FPL) Turkey Point Nuclear Power Plant Units 3 and 4, allowing them to operate through 2052 and 2053, respectively. This approval ensures the facility will continue providing reliable, low-cost, and clean energy to FPL customers for the next three decades.
Turkey Point, located 25 miles south of Miami, generates enough energy to power nearly 1 million homes and businesses. The plant is a significant economic contributor, providing 700 permanent jobs and an additional 2,800 jobs during outages. It also pays over $37 million in annual property taxes, supporting the local economy and public services.
The facility is known for its environmental initiatives, including the Crocodile Monitoring Program and the upcoming FPL Clean Water Recovery Center, which will treat and reuse up to 15 million gallons of reclaimed water daily.
NextEra Energy (NYSE: NEE) and NextEra Energy Partners (NYSE: NEP) have announced that their senior management team will participate in various investor meetings throughout September 2024. During these meetings, they plan to discuss and reaffirm the long-term growth-rate expectations for both companies, as presented in their July 24, 2024 second-quarter financial results call.
NextEra Energy, headquartered in Juno Beach, Florida, is a leading clean energy company. It owns Florida Power & Light Company, America's largest electric utility, serving approximately 5.9 million customer accounts across Florida. The company also owns NextEra Energy Resources, the world's largest generator of renewable energy from wind and sun, and a leader in battery storage.
NextEra Energy Partners, a growth-oriented partnership formed by NextEra Energy, focuses on acquiring, managing, and owning contracted clean energy assets with stable, long-term cash flows, particularly in renewable energy projects.
NextEra Energy's (NYSE: NEE) board of directors has declared a regular quarterly common stock dividend of $0.515 per share, payable on Sept. 16, 2024, to shareholders of record on Aug. 30, 2024. NextEra Energy is a leading clean energy company based in Juno Beach, Florida. It owns Florida Power & Light Company, America's largest electric utility, serving approximately 5.9 million customer accounts across Florida. The company also owns NextEra Energy Resources, , the world's largest generator of renewable energy from wind and sun, and a leader in battery storage. NextEra Energy operates seven commercial nuclear power units across three states and has been recognized for its efforts in sustainability, corporate responsibility, ethics, and diversity.
NextEra Energy (NYSE: NEE) has released its second-quarter 2024 financial results on the company's website. The company will host an investor presentation webcast at 9 a.m. ET to discuss the results, including those of NextEra Energy Partners, LP (NYSE: NEP). Key executives, including CEO John Ketchum and CFO Brian Bolster, will lead the presentation.
NextEra Energy is a leading clean energy company based in Juno Beach, Florida. It owns Florida Power & Light Company, America's largest electric utility, serving about 5.9 million customer accounts. The company also owns NextEra Energy Resources, , a competitive clean energy business and the world's largest generator of renewable energy from wind and sun, as well as a leader in battery storage.
NextEra Energy Partners, LP (NYSE: NEP) has released its second-quarter 2024 financial results on the partnership's website. Chairman and CEO John Ketchum, along with CFO Brian Bolster and other senior management members, will discuss these results during a live webcast investor presentation at 9 a.m. ET today. The webcast will be available on NEP's website, with a 90-day replay option. The presentation will also cover results for NextEra Energy, Inc. (NYSE: NEE).
NEP is a growth-oriented partnership formed by NextEra Energy, Inc., focusing on acquiring, managing, and owning contracted clean energy assets with stable, long-term cash flows. The partnership's portfolio includes wind, solar, solar-plus-storage projects, and a stand-alone battery storage project in the U.S., as well as contracted natural gas pipeline assets in Pennsylvania.
NextEra Energy Partners, LP (NYSE: NEP) has announced the release date for its second-quarter 2024 financial results. The results will be available on July 24, 2024, before the NYSE opens, and will be accessible on the company's website. An advisory news release will be issued via PR Newswire on the same day.
John Ketchum, CEO, and Brian Bolster, CFO, along with senior management, will discuss these results in a live webcast at 9 a.m. ET on July 24. The webcast will also cover NextEra Energy, Inc. (NYSE: NEE) results. The webcast and accompanying slides will be available on their website from 7:30 a.m. ET, with a replay accessible for 90 days.
NextEra Energy Partners focuses on acquiring and managing clean energy assets, including wind, solar, solar-plus-storage, and natural gas pipeline projects.
NextEra Energy (NYSE: NEE) announced it will release its Q2 2024 financial results on July 24, 2024, before the NYSE opens. The results will be available on their website. CEO John Ketchum, CFO Brian Bolster, and other senior management will discuss the results during a live webcast at 9 a.m. ET on the same day.
The webcast, accessible via their website, will also cover results for NextEra Energy Partners (NYSE: NEP). The financial results release and accompanying presentation slides can be downloaded from the company's website from 7:30 a.m. ET on the day of the webcast. A replay will be available for 90 days.
NextEra Energy, headquartered in Juno Beach, Florida, is a leading clean energy company, owning Florida Power & Light and NextEra Energy Resources. The company has a significant role in renewable energy generation and nuclear power.
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.
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