NextEra Energy

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.

Element Critical Selects NextEra Energy Resources as Clean Energy Supplier

Retrieved on: 
Tuesday, February 8, 2022

To achieve the company's sustainability goals, Element Critical selected the world's largest generator of renewable energy from the wind and sun, NextEra Energy Resources, LLC., as its preferred green energy supplier.

Key Points: 
  • To achieve the company's sustainability goals, Element Critical selected the world's largest generator of renewable energy from the wind and sun, NextEra Energy Resources, LLC., as its preferred green energy supplier.
  • Element Critical has entered into a Power Purchase Agreement with a subsidiary of NextEra Energy Resources to deliver green power from an ERCOT-connected, Texas-based wind energy center.
  • A subsidiary of NextEra Energy Resources will provide renewable energy capacity to accommodate Element Critical and their customers' sustainability goals now and into the future.
  • "NextEra Energy Resources has been pivotal in advising our teams and accelerating our renewable energy initiatives," states Ken Parent, CEO of Element Critical.

Stellar Health Adds New Chief Operating Officer and Chief Compliance Officer to Executive Leadership Team

Retrieved on: 
Thursday, February 3, 2022

Stellar Health adds new COO and CCO to executive leadership team, scaling its operations and compliance functions

Key Points: 
  • Stellar Health adds new COO and CCO to executive leadership team, scaling its operations and compliance functions
    "We are thrilled to add two new leaders to Stellar Health," said Michael Meng, CEO and Co-Founder of Stellar Health.
  • "The elegance of Stellar's approach is a big step forward in simplifying VBC for every care team," said Ms. Lynch.
  • Prior to joining Stellar, Ms. Lynch was part of the founding executive team at Aledade, building the company from inception to a more than $2B valuation.
  • Ms. Kelen most recently served as Chief Ethics and Compliance Officer at Cardinal Innovations Healthcare providing leadership and oversight to the program integrity, risk, audit, compliance, and ethics programs.

NextEra Energy is once again recognized as No. 1 in its industry on Fortune's list of 'World's Most Admired Companies'

Retrieved on: 
Wednesday, February 2, 2022

NextEra Energy, whose principal businesses areFlorida Power& Light Company (FPL) and NextEra Energy Resources, LLC, is also only one of two Florida-based companies to rank No.

Key Points: 
  • NextEra Energy, whose principal businesses areFlorida Power& Light Company (FPL) and NextEra Energy Resources, LLC, is also only one of two Florida-based companies to rank No.
  • "We are honored to be recognized again on Fortune's prestigious list as the leader within our industry,"saidJim Robo, NextEra Energy chairman and chief executive officer.
  • Performance highlights for NextEra Energy include:
    Leading the world in wind, solar and battery storage energy NextEra Energy is the world's largest generator of renewable energy from the wind and sun and a world leader in battery storage.
  • In NextEra Energy's view, no company in any industry has done more to reduce carbon emissions and to confront climate change than NextEra Energy.