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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.

News

NextEra Energy Capital Holdings announces offering of its Series Q junior subordinated debentures

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NextEra Energy Capital Holdings, Inc., a subsidiary of NextEra Energy, Inc., announced an offering of Series Q junior subordinated debentures due in 2054. The debentures will bear interest at a fixed rate until 2029 and then at a rate based on the Five-Year Treasury Rate plus a spread. The offering aims to fund energy and power projects and general corporate purposes.
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NextEra Energy board declares quarterly dividend and continues above-average targeted growth rate in dividends per share through at least 2026

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NextEra Energy, Inc. (NEE) declared a 10% increase in its quarterly common stock dividend to $0.515 per share, continuing its plan for 10% annual growth in dividends through 2026. The company's strong financial performance and dividend policy reflect its commitment to shareholder value and sustainable growth.
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NextEra Energy fourth-quarter and full-year 2023 financial results available on company's website

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NextEra Energy, Inc. (NYSE: NEE) has released its fourth-quarter and full-year 2023 financial results. The company's senior management team will discuss the results during an investor presentation. The presentation will also cover financial results for NextEra Energy Partners, LP (NYSE: NEP). NextEra Energy is a leading clean energy company, owning Florida Power & Light Company, America's largest electric utility, and a competitive clean energy business, NextEra Energy Resources, LLC. The company generates clean, emissions-free electricity from nuclear power units and is recognized for its sustainability efforts.
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NextEra Energy Partners, LP fourth-quarter and full-year 2023 financial results available on partnership's website

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NextEra Energy Partners, LP (NEP) has released its fourth-quarter and full-year 2023 financial results, available for review on the partnership's website. The financial results will be discussed during an investor presentation, including results for NextEra Energy, Inc. (NEE). NextEra Energy Partners is a growth-oriented limited partnership formed by NextEra Energy, Inc., acquiring and managing clean energy projects with stable, long-term cash flows. The company owns interests in wind, solar, and energy storage projects in the U.S., as well as natural gas infrastructure assets in Pennsylvania.
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NextEra Energy Partners, LP announces date for release of fourth-quarter and full-year 2023 financial results

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NextEra Energy Partners, LP (NYSE: NEP) plans to report fourth-quarter and full-year 2023 financial results before the opening of the New York Stock Exchange on Thursday, Jan. 25, 2024. The company will make available its financial results only on its website and will discuss the results during an investor presentation to be webcast live. NextEra Energy Partners, LP is a growth-oriented limited partnership formed by NextEra Energy, Inc. It acquires, manages, and owns contracted clean energy projects with stable, long-term cash flows, including interests in geographically diverse wind, solar, and energy storage projects in the U.S. as well as natural gas infrastructure assets in Pennsylvania.
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NextEra Energy announces date for release of fourth-quarter and full-year 2023 financial results

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NextEra Energy, Inc. (NYSE: NEE) plans to report Q4 and full-year 2023 financial results on Jan. 25, 2024. The company will issue a news release over PR Newswire and make the results available on its website. An investor presentation will be webcast live, discussing the financial results and including NextEra Energy Partners, LP (NYSE: NEP). NextEra Energy is a leading clean energy company, owning Florida Power & Light Company and NextEra Energy Resources, LLC, and is a Fortune 200 company with a focus on sustainability and renewable energy.
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NextEra Energy Partners, LP completes sale of Texas natural gas pipeline portfolio

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NextEra Energy Partners, LP (NYSE: NEP) closed the sale of its Texas natural gas pipeline portfolio to Kinder Morgan, Inc. for $1.815 billion. The portfolio consists of 7 pipelines, with an expected 2023 adjusted EBITDA of approximately $180 million. The sale price represents a 10 times multiple on the estimated 2023 adjusted EBITDA. After meeting closing conditions, the net proceeds of $1.4 billion will be used for equity buyouts of STX Midstream and NEP Renewables II convertible equity portfolio financings.
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GoodLeap Hires Daniel Lotano as Chief Strategy Officer to Help Accelerate GoodLeap's Growth

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GoodLeap, LLC (NYSE: GL) has hired Daniel Lotano as Chief Strategy Officer, bringing over 20 years of expertise in clean energy. Lotano's impressive career includes leadership roles at NextEra Energy Partners (NYSE: NEP) and EverBright, a subsidiary of NextEra Energy (NYSE: NEE). Lotano's hire is expected to drive GoodLeap's growth and innovation in sustainable solutions.
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NextEra Energy Transmission MidAtlantic transmission proposal selected by PJM

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NextEra Energy Transmission MidAtlantic, LLC (NEE) has been selected by PJM to address the western cluster of reliability needs for the 2022 Regional Transmission Expansion Plan Window 3. The MidAtlantic Resiliency Link, a new 130-mile 500-kV transmission line and a new 500/138-kV substation, will improve local and regional transmission constraints and support the growth of renewable energy resources while providing additional capacity to meet future system needs. NextEra Energy Transmission MidAtlantic will finance, develop, own, construct, operate and maintain the MidAtlantic Resiliency Link.
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NextEra Energy Partners, LP announces the pricing of $750 million of 7.25% senior unsecured notes due 2029

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NextEra Energy Partners, LP (NYSE: NEP) announced the pricing of a private offering of $750 million of 7.25% senior unsecured notes due 2029, with the net proceeds estimated to be approximately $740 million. The offering is expected to close on Dec. 15, 2023. The notes will pay interest semi-annually at the annual rate of 7.25% and will mature on Jan. 15, 2029. The notes will be fully and unconditionally guaranteed on a senior unsecured basis by NextEra Energy Partners, LP and NextEra Energy US Partners Holdings, LLC. NEP OpCo expects to use the net proceeds from the sale of the notes to repay existing senior notes and for other general partnership purposes.
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FAQ

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

The current stock price of Nextra Energy (NEE) is $76.35 as of November 15, 2024.

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

The market cap of Nextra Energy (NEE) is approximately 156.3B.

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.

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Nextra Energy, Inc.

NYSE:NEE

NEE Rankings

#74 Ranked by Market Cap
#1161 Ranked by Dividends

NEE Stock Data

156.31B
2.05B
0.08%
83.12%
1.36%
Utilities - Regulated Electric
Electric Services
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United States of America
JUNO BEACH