Nextra Energy, Inc. - NEE STOCK NEWS

NextEra Energy (NYSE: NEE) announced a sale of $2.0 billion in equity units to BofA Securities and Barclays, expected to close on Sept. 18, 2020. Each unit, priced at $50, includes a contract for future common stock purchase and a 5% ownership interest in a debenture due Sept. 1, 2025. The total annual distributions on these units will be 6.219%. The net proceeds from the sale, approximately $1.94 billion, will fund various corporate purposes including energy projects and potential redemptions of junior subordinated debentures.

NextEra Energy, Inc. (NYSE: NEE) plans to sell $2.0 billion of equity units, with each unit priced at $50. The offering comprises a contract for future common stock purchases and a 5% ownership interest in a $1,000 debenture due Sept. 1, 2025. Proceeds, estimated at $1.94 billion, will support energy project investments and corporate purposes, including debt redemption. The company emphasizes that the sale is not an offer for securities and is subject to regulatory compliance. NextEra Energy is a frontrunner in clean energy with a significant market position in Florida.

NextEra Energy, Inc. (NYSE: NEE) has announced an increase in its financial expectations for 2021, projecting adjusted earnings per share between $9.60 and $10.15. The company also expects 6% to 8% growth for 2022 and 2023, based on strong performance across its businesses. Additionally, a four-for-one stock split is approved, making shares more accessible, with distribution slated for Oct. 26, 2020. Adjusted earnings expectations post-split are set at $2.18 to $2.30 for 2020 and $2.40 to $2.54 for 2021.

NextEra Energy, Inc. (NYSE: NEE) and NextEra Energy Partners, LP (NYSE: NEP) have announced participation in various investor meetings throughout September. The senior management will discuss long-term growth expectations. On September 8, 2020, Rebecca Kujawa, CFO, will present at the Barclays CEO Energy-Power Conference at 3:05 p.m. ET, with an audio webcast available. NextEra is noted for being a leading clean energy provider, serving millions and recognized for its sustainability efforts.

NextEra Energy Resources announced a plan to add nearly 700 MW of battery storage projects in California, a move expected to nearly double the current U.S. battery storage capacity. This $800 million investment includes six solar project co-locations. The California Public Utility Commission has approved 523 MW of these projects, which aim to enhance low-cost, emission-free solar energy availability and grid reliability. Additionally, a pipeline of 2,000 MW in battery storage projects is ready, contingent on regulatory approvals and power purchase agreements.

NextEra Energy, Inc. (NYSE: NEE) has declared a quarterly common stock dividend of $1.40 per share, payable on September 15, 2020. Shareholders of record as of August 28, 2020 will receive this dividend. Headquartered in Juno Beach, Florida, NextEra Energy operates Florida Power & Light and Gulf Power, serving millions of customers. The company is recognized as a leader in clean energy, being the world’s largest generator of renewable energy and a significant player in battery storage.

NextEra Energy Resources, LLC's CEO, John Ketchum, clarified the firm's relationship with Bloom Energy after a misstatement during a financial analyst call. Contrary to Bloom's assertion of a 'financing partnership', Ketchum emphasized that their engagement is strictly limited to a recent fuel cell acquisition on Long Island, New York. This arrangement includes operational and technology support for this system only, with no plans for further business with Bloom Energy. NextEra remains a leader in clean energy with a significant generating capacity across the U.S. and Canada.

NextEra Energy, Inc. (NYSE: NEE) announced its second-quarter 2020 financial results on July 24, 2020. The results are accessible on the company's website. The firm operates Florida Power & Light and Gulf Power, serving over 5 million and 470,000 customers, respectively. NextEra Energy is recognized as a leader in renewable energy and battery storage, being the largest generator of renewable energy globally. The company is included in the Fortune 200 and S&P 100 indexes, known for its sustainability efforts and ranked high in corporate responsibility.

NextEra Energy, Inc. (NYSE: NEE) announced it will release its second-quarter 2020 financial results on July 24, 2020, before the NYSE opens. The results will be accessible on the company's website and announced via PR Newswire. Additionally, senior management will hold a live webcast at 9 a.m. ET on the same day to discuss the results, including insights on NextEra Energy Partners, LP (NYSE: NEP). Investors can access the financial results and presentation slides starting at 7:30 a.m. ET.