NextEra Energy

NextEra Energy Partners, LP announces date for release of first-quarter 2022 financial results

Retrieved on: 
Thursday, April 7, 2022

An advisory news release will be issued over PR Newswire the morning of April 21, with a link to the financial results news release on NextEra Energy Partners' website.

Key Points: 
  • An advisory news release will be issued over PR Newswire the morning of April 21, with a link to the financial results news release on NextEra Energy Partners' website.
  • As previously announced, NextEra Energy Partners will make available its financial results only on its website.
  • John Ketchum, chief executive officer of NextEra Energy Partners, Kirk Crews, chief financial officer of NextEra Energy Partners, and other members of the senior management team will discuss the first-quarter 2022 financial results during an investor presentation to be webcast live, beginning at 9 a.m.
  • NextEra Energy Partners, LP (NYSE: NEP) is a growth-oriented limited partnership formed by NextEra Energy, Inc. (NYSE: NEE).

NextEra Energy announces date for release of first-quarter 2022 financial results

Retrieved on: 
Thursday, April 7, 2022

The company will issue an advisory news release over PR Newswire the morning of April 21, with a link to the financial results news release on the company's website.

Key Points: 
  • The company will issue an advisory news release over PR Newswire the morning of April 21, with a link to the financial results news release on the company's website.
  • John Ketchum, president and chief executive officer of NextEra Energy, Kirk Crews, executive vice president, finance and chief financial officer of NextEra Energy, and other members of the company's senior management team will discuss the company's first-quarter 2022 financial results during an investor presentation to be webcast live, beginning at 9 a.m.
  • Results for NextEra Energy Partners, LP (NYSE: NEP) also will be discussed during the same investor presentation.
  • NextEra Energy also owns a competitive clean energy business, NextEra Energy Resources, LLC, which, together with its affiliated entities, is the world's largest generator of renewable energy from the wind and sun and a world leader in battery storage.

Madison Solar Project Delivering Locally Generated Clean Energy

Retrieved on: 
Monday, April 4, 2022

Madison Gas and Electric's (MGE) latest solar array, the 8-megawatt (MW) Hermsdorf Solar Fields, is fully operational and delivering locally generated, sustainable energy to MGE's distribution grid.

Key Points: 
  • Madison Gas and Electric's (MGE) latest solar array, the 8-megawatt (MW) Hermsdorf Solar Fields, is fully operational and delivering locally generated, sustainable energy to MGE's distribution grid.
  • The project in southeast Madison provides solar energy to the City of Madison and to the Madison Metropolitan School District (MMSD) under MGE's innovative Renewable Energy Rider (RER).
  • "Thank you to the City of Madison and MMSD for their partnership on this project, which provides another source of locally generated clean energy and is another step toward our shared sustainability goals."
  • "The clean solar-powered electricity generated by Hermsdorf Solar Fields helps the City of Madison take a significant step toward our 100% renewable energy goal for City operations."

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of NextEra Energy, Inc. - NEE

Retrieved on: 
Tuesday, March 22, 2022

NEW YORK, March 21, 2022 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of NextEra Energy, Inc. (NextEra or the Company) (NYSE:NEE).

Key Points: 
  • NEW YORK, March 21, 2022 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of NextEra Energy, Inc. (NextEra or the Company) (NYSE:NEE).
  • Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext.
  • The investigation concerns whether NextEra and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

Customer Satisfaction with Municipal Energy Utilities Improves Despite Massive Tumble by CPS Energy, ACSI Data Show

Retrieved on: 
Tuesday, March 22, 2022

(Graphic: Business Wire)

Key Points: 
  • (Graphic: Business Wire)
    Of the three categories measured in the report, cooperative energy utilities, unchanged at 73, now share the top spot with municipal energy utilities, up 2.8% year over year.
  • While overall customer satisfaction remains relatively stable in the energy utilities sector, there is movement in the municipal category that raises some eyebrows, says David VanAmburg, Managing Director at the ACSI.
  • Salt River Project leads municipal energy utilities, while CPS Energy nosedives
    Overall, customer satisfaction with municipal energy utilities increases 2.8% to an ACSI score of 73.
  • Cooperative energy utilities serving small rural communities maintain stable customer satisfaction overall with an ACSI score of 73.

FPL Announces Cummins to Supply Electrolyzer for Florida’s First “Green” Hydrogen Plant – Potential Key to Carbon-Free Electricity

Retrieved on: 
Monday, February 28, 2022

Now, we are helping usher in the next era of Floridas clean energy future with a 'green' hydrogen pilot project that could be key to unlocking 100% carbon-free electricity.

Key Points: 
  • Now, we are helping usher in the next era of Floridas clean energy future with a 'green' hydrogen pilot project that could be key to unlocking 100% carbon-free electricity.
  • The FPL Cavendish NextGen Hydrogen Hub will leverage solar energy to power the electrolysis process that produces green, or carbon-free, hydrogen from water.
  • The system will be composed of five Cummins HyLYZER-1000 PEM electrolyzers for a total of 25 MW or 10.8 tons of hydrogen produced per day.
  • An electrolyzer installation of this magnitude further solidifies PEM technology as a key to reaching zero emissions in energy-intensive industries.

Apollo Launches Sustainable Investing Platform, Sees the Opportunity to Deploy More Than $100 Billion in Energy Transition and Decarbonization Investments by 2030

Retrieved on: 
Thursday, February 24, 2022

NEW YORK, Feb. 24, 2022 (GLOBE NEWSWIRE) --  Apollo (NYSE: APO) today announced the launch of a comprehensive sustainable investing platform focused on financing and investing in the energy transition and decarbonization of industry. Across asset classes, Apollo targets deploying $50 billion in clean energy and climate capital over the next five years and sees the opportunity to deploy more than $100 billion by 2030. With approximately $4.5 trillion1 annually in investments needed to achieve global net zero by 2050, Apollo aims to be a leading capital partner to companies and communities globally.

Key Points: 
  • Across asset classes, Apollo targets deploying $50 billion in clean energy and climate capital over the next five years and sees the opportunity to deploy more than $100 billion by 2030.
  • Apollos sustainable investing platform will leverage the Firms deep expertise in the key sectors driving todays energy transition and decarbonization.
  • Apollo has also played an active role in helping to finance the transformation of traditional energy companies toward their decarbonization goals.
  • Apollo has been at the forefront of key growth sectors supporting the energy transition, including renewable and transitional energy assets.

Huhtamaki signs a Virtual Power Purchase Agreement in the United States

Retrieved on: 
Thursday, February 24, 2022

HELSINKI, Feb. 24, 2022 /PRNewswire/ --Huhtamaki, a key global provider of sustainable packaging solutions, has signed a 12-year Virtual Power Purchase Agreement (VPPA) with a subsidiary of NextEra Energy Resources, LLC.

Key Points: 
  • HELSINKI, Feb. 24, 2022 /PRNewswire/ --Huhtamaki, a key global provider of sustainable packaging solutions, has signed a 12-year Virtual Power Purchase Agreement (VPPA) with a subsidiary of NextEra Energy Resources, LLC.
  • The 42-megawatt agreement for renewable energy covers approximately 30% of Huhtamaki operations' current electricity demands in the United States and Mexico, where the company has 18 manufacturing units.
  • The agreement builds on the European VPPA agreement announced late in 2021, which covers 80% of our European electricity usage", says Thomas Guest, Deputy CEO of Huhtamaki.
  • A Virtual Power Purchase Agreement (VPPA) is a contract structure in which a power buyer (or off taker) agrees to purchase a project's renewable energy for a pre-agreed price.

Infinium™ Enters into Strategic Alliance with Denbury for Ultra-Low Carbon Fuels Projects in Texas, Continuing Development Momentum

Retrieved on: 
Thursday, February 24, 2022

Infinium electrofuels facilities being developed in Brazoria County will convert renewable power into green hydrogen and combine it with industrial-sourced carbon dioxide (CO2) to produce ultra-low carbon fuels using Infinium proprietary technology.

Key Points: 
  • Infinium electrofuels facilities being developed in Brazoria County will convert renewable power into green hydrogen and combine it with industrial-sourced carbon dioxide (CO2) to produce ultra-low carbon fuels using Infinium proprietary technology.
  • We are thrilled to enter into this strategic alliance with Denbury and to have the opportunity to reuse industrial CO2 waste for clean fuel production."
  • Under the strategic alliance, Denbury will source and transport CO2 to the Infinium facilities, which are planned to be sited near Denbury's existing and planned CO2 pipeline infrastructure.
  • Denbury estimates that the pipeline infrastructure necessary to deliver CO2 to the Infinium facilities will be ready as early as 2025.

NACERO INC. AWARDS LONG-TERM RENEWABLE WIND POWER AGREEMENT TO NEXTERA ENERGY RESOURCES FOR FLAGSHIP FACILITY IN PENWELL, TX

Retrieved on: 
Wednesday, February 16, 2022

HOUSTON, Feb. 16, 2022 /PRNewswire/ -- Nacero Inc. (Nacero) has awarded a subsidiary of NextEra Energy Resources, LLC a long-term power purchase agreement to supply clean, renewable wind power to Nacero's planned flagship manufacturing facility in Penwell, TX, which will supply lower and net-zero lifecycle carbon footprint gasoline to consumers.

Key Points: 
  • HOUSTON, Feb. 16, 2022 /PRNewswire/ -- Nacero Inc. (Nacero) has awarded a subsidiary of NextEra Energy Resources, LLC a long-term power purchase agreement to supply clean, renewable wind power to Nacero's planned flagship manufacturing facility in Penwell, TX, which will supply lower and net-zero lifecycle carbon footprint gasoline to consumers.
  • The agreement calls for NextEra Energy Resources' Texas wind power operations to provide Nacero with nearly 20 billion kilowatt-hours of green electricity over 20 years starting in 2025.
  • "We are excited to work with NextEra Energy Resources, the world's largest generator of renewable energy from the wind and sun.
  • "NextEra Energy Resources has proudly and safely operated renewable energy projects in Texas for more than a decade, and we're pleased to expand our wind portfolio in the state through our agreement with Nacero," said Matt Handel, senior vice president of development for NextEra Energy Resources.