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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 (NYSE: NEE) announces plans to sell $2 billion in equity units. Each unit includes a $50 contract to purchase future common stock and a 5% interest in a $1,000 debenture due 2029, guaranteed by NextEra Energy.
Holders must complete stock purchases by June 1, 2027, potentially using proceeds from debenture remarketing. Expected net proceeds of approximately $1.94 billion will be used for energy investments, corporate purposes, and repayment of commercial paper obligations.
This announcement doesn't constitute an offer or solicitation to sell securities. NextEra Energy, headquartered in Juno Beach, FL, is a leading clean energy company and America's largest electric utility, serving over 12 million people in Florida and leading in renewable energy generation globally.
Entergy (NYSE: ETR) and NextEra Energy Resources, a NextEra Energy subsidiary (NYSE: NEE), have announced a joint development agreement to develop up to 4.5 gigawatts (GW) of new solar and energy storage projects. This five-year agreement aims to expand Entergy's renewable energy portfolio and address growing electricity demand in Arkansas, Louisiana, Mississippi, and Texas. This collaboration builds on an existing partnership, adding to the 1.7 GW of renewable projects already in progress. Entergy aims to leverage this initiative to provide low-cost, renewable energy to its customers.
NextEra Energy (NYSE: NEE) will host an investor conference on June 11, 2024, in New York City from 8:30 a.m. to 12:30 p.m. ET.
Senior executives will discuss the company's long-term growth rate expectations. The presentation materials will be accessible from 8:15 a.m. ET at www.NextEraEnergy.com, and there will be a live audio webcast starting at 8:30 a.m. ET. A replay of the webcast will be available for 30 days.
NextEra Energy, headquartered in Juno Beach, Florida, is a leading clean energy company and owns Florida Power & Light Company and NextEra Energy Resources. The firm is recognized for its sustainability, corporate responsibility, ethics, and diversity.
The board of directors of NextEra Energy (NYSE: NEE) has declared a regular quarterly common stock dividend of $0.515 per share. This dividend will be payable on June 17, 2024, to shareholders of record as of June 3, 2024.
NextEra Energy is a leading clean energy company based in Juno Beach, Florida. It owns Florida Power & Light Company, the largest electric utility in the U.S., serving approximately 12 million people. NextEra also owns NextEra Energy Resources, the largest generator of renewable energy from wind and solar globally, and operates seven commercial nuclear power units in Florida, New Hampshire, and Wisconsin.
The company is recognized for its sustainability, corporate responsibility, ethics, and diversity. More details can be found on their official websites.
NextEra Energy, Inc. announced organizational changes appointing Kirk Crews as executive vice president and chief risk officer, and Brian Bolster as executive vice president, finance and CFO. Both members will report directly to John Ketchum, chairman and CEO, and the changes are effective immediately. The move aims to strengthen the leadership team to lead the energy transition and exploit growth opportunities. Mr. Crews brings deep financial acumen and leadership skills, while Mr. Bolster has an extensive background in power and renewables sector. These changes are part of the company's strategy to enhance growth moving forward.
NextEra Energy Partners, LP (NYSE: NEP) announced Brian Bolster as the new chief financial officer, succeeding Kirk Crews, who takes up a senior leadership role at NextEra Energy. Bolster, with a strong financial background from Goldman Sachs, is expected to positively impact the business. The move is effective immediately, showcasing the company's focus on growth and leadership development.
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