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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 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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NextEra Energy Partners, LP (NEP) announced a private offering of $750 million in senior unsecured notes due 2029 by its direct subsidiary, NextEra Energy Operating Partners, LP. The notes will be fully and unconditionally guaranteed by NextEra Energy Partners, LP and NextEra Energy US Partners Holdings, LLC. The company will use the net proceeds to repay existing debts and for general partnership purposes.
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NextEra Energy, Inc. (NEE) and NextEra Energy Partners, LP (NEP) will discuss long-term growth rate expectations for the companies in upcoming investor meetings. John Ketchum will participate in a fireside chat at the BofA Securities 2023 Renewables Conference. NextEra Energy is a leading clean energy company, owning the largest electric utility in the US and being a world leader in renewable energy generation.
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NextEra Energy Partners, LP (NYSE: NEP) Anticipates Declaration of Effectiveness of Resale Registration Statement
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NextEra Energy, Inc. (NYSE: NEE) and NextEra Energy Partners, LP (NYSE: NEP) announced their participation in the EEI Financial Conference and various investor meetings to discuss long-term growth rate expectations. The presentation materials are accessible at www.NextEraEnergy.com/investors or www.NextEraEnergyPartners.com. NextEra Energy is a leading clean energy company with a focus on renewable energy generation, recognized for its sustainability efforts and ranked highly in industry lists.
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NextEra Energy Partners has entered into a definitive agreement with Kinder Morgan to sell its Texas natural gas pipeline portfolio for $1.815 billion. The sale is expected to close in the first half of 2024 and is subject to certain conditions. The portfolio consists of seven pipelines that provide natural gas to Mexico and power producers in South Texas. The estimated adjusted EBITDA for 2023 is $181 million, with a sale price multiple of approximately 10 times. The proceeds from the sale will be used to pay off debt, complete buyouts, and pay down the corporate revolver.
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NextEra Energy, Inc. (NYSE: NEE) has posted its third-quarter 2023 financial results on its website. The company's senior management will discuss the results during an investor presentation. A replay will be available for 90 days.
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NextEra Energy Partners, LP has released its third-quarter 2023 financial results. The results can be accessed on the partnership's website. An investor presentation will also be held to discuss the results.
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NextEra Energy declares regular quarterly dividend
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NextEra Energy to report Q3 2023 financial results on October 24th
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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