NextEra Energy Partners

NextEra Energy is recognized as one of the World's Most Ethical Companies® for the 14th time

Tuesday, February 23, 2021 - 6:59pm

"We are pleased to be named one of the World's Most Ethical Companies for the 14th time," said Jim Robo, NextEra Energy chairman and CEO.

Key Points: 
  • "We are pleased to be named one of the World's Most Ethical Companies for the 14th time," said Jim Robo, NextEra Energy chairman and CEO.
  • Congratulations to everyone at NextEra Energy for earning the World's Most Ethical Companies designation."
  • NextEra Energy, Inc. (NYSE: NEE) is a leading clean energy company headquartered in Juno Beach, Florida.
  • For more information about NextEra Energy companies, visit these websites: www.NextEraEnergy.com , www.FPL.com , www.GulfPower.com , www.NextEraEnergyResources.com .

NextEra Energy announces appointment of Lynn M. Utter to board of directors

Friday, February 12, 2021 - 1:00pm

JUNO BEACH, Fla., Feb. 12, 2021 /PRNewswire/ -- NextEra Energy, Inc. (NYSE: NEE) announced the appointment of Lynn M. Utterto its board of directors.

Key Points: 
  • JUNO BEACH, Fla., Feb. 12, 2021 /PRNewswire/ -- NextEra Energy, Inc. (NYSE: NEE) announced the appointment of Lynn M. Utterto its board of directors.
  • "We're extremely pleased to welcome Lynn to the NextEra Energy board," saidJim Robo, chairman and chief executive officer of NextEra Energy.
  • We look forward to benefitting from her valuable insight and counsel as we continue to grow NextEra Energy and solve the world's toughest energy challenges."
  • 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.

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

Tuesday, February 2, 2021 - 11:57am

NextEra Energy, whose principal businesses are Florida Power & Light Company (FPL) and NextEra Energy Resources, LLC, also tied for the highest overall company score across all industries in Florida.

Key Points: 
  • NextEra Energy, whose principal businesses are Florida Power & Light Company (FPL) and NextEra Energy Resources, LLC, also tied for the highest overall company score across all industries in Florida.
  • In the electric and gas utilities industry, NextEra Energy ranked No.
  • 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 our view, no company in any industry has done more to reduce carbon emissions and to confront climate change than NextEra Energy.

NextEra Energy Partners, LP announces date for release of fourth-quarter and full-year 2020 financial results

Tuesday, January 12, 2021 - 11:30am

An advisory news release will be issued over PR Newswire the morning of Jan. 26, 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 Jan. 26, 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.
  • Jim Robo, chairman and chief executive officer of NextEra Energy Partners, Rebecca Kujawa, chief financial officer of NextEra Energy Partners, and other members of the senior management team will discuss the fourth-quarter and full-year 2020 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 fourth-quarter and full-year 2020 financial results

Tuesday, January 12, 2021 - 11:30am

Jim Robo, chairman and chief executive officer of NextEra Energy, Rebecca Kujawa, 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 fourth-quarter and full-year 2020 financial results during an investor presentation to be webcast live, beginning at 9 a.m.

Key Points: 
  • Jim Robo, chairman and chief executive officer of NextEra Energy, Rebecca Kujawa, 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 fourth-quarter and full-year 2020 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.
  • The financial results news release and the slides accompanying the presentation may be downloaded at www.NextEraEnergy.com/FinancialResults , beginning at 7:30 a.m.
  • 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.

NextEra Energy Resources enters the mobility market with acquisition of eIQ Mobility

Tuesday, December 8, 2020 - 12:30pm

JUNO BEACH, Fla., Dec. 8, 2020 /PRNewswire/ --NextEra Energy Resources, LLC, today announced the acquisition of eIQ Mobility, the leading software provider of mobility planning solutions based in Oakland, California.

Key Points: 
  • JUNO BEACH, Fla., Dec. 8, 2020 /PRNewswire/ --NextEra Energy Resources, LLC, today announced the acquisition of eIQ Mobility, the leading software provider of mobility planning solutions based in Oakland, California.
  • The acquisition of eIQ Mobility allows NextEra Energy Resources to help customers identify economicoperational and sustainable pathways for fleet vehicle conversions.
  • "By joining NextEra Energy Resources, the eIQ Mobility platform and team will provide fleets a one-stop electrification solution, from vehicle selection and conversion planning, to the design and operation of resilient charging depots supported by clean energy."
  • NextEra Energy Resources, LLC is a subsidiary of Juno Beach, Florida-based NextEra Energy, Inc. (NYSE: NEE).

PGE's and NextEra Energy Resources' leading-edge renewable energy project powers up

Tuesday, December 8, 2020 - 10:00am

Wheatridge is a joint project of PGE and a subsidiary of NextEra Energy Resources, LLC.

Key Points: 
  • Wheatridge is a joint project of PGE and a subsidiary of NextEra Energy Resources, LLC.
  • NextEra Energy Resources purchased the development rights and together with PGE expanded the project scope to include solar generation and battery storage.
  • A subsidiary of NextEra Energy Resources owns the balance of the project and will sell its output to PGE under 30-year power purchase agreements.
  • 1 voluntary renewable energy program in the U.S. PGE and its 3,000 employees are working with customers to build a clean energy future.

NextEra Energy Partners, LP announces pricing of $600 million in aggregate principal amount of 0% convertible senior notes due 2025

Tuesday, December 1, 2020 - 1:00pm

The notes will not bear regular interest, and the principal amount of the notes will not accrete.

Key Points: 
  • The notes will not bear regular interest, and the principal amount of the notes will not accrete.
  • The notes will mature on Nov. 15, 2025, and will be fully and unconditionally guaranteed on a senior unsecured basis by NextEra Energy Operating Partners, LP, a direct subsidiary of NextEra Energy Partners.
  • NextEra Energy Partners estimates the net proceeds from the notes offering prior to offering expenses will be approximately $589.5 million.
  • NextEra Energy Partners, LP (NYSE: NEP) is a growth-oriented limited partnership formed by NextEra Energy, Inc. (NYSE: NEE).

NextEra Energy Partners, LP announces agreement to acquire interests in a 1,100-MW portfolio of long-term contracted renewables projects and enters into new convertible equity portfolio financing

Monday, November 2, 2020 - 10:23pm

In conjunction with the acquisition and creation of the new portfolio, NextEra Energy Partners has entered into an approximately $1.1 billion convertible equity portfolio financing with a consortium of private infrastructure investors.

Key Points: 
  • In conjunction with the acquisition and creation of the new portfolio, NextEra Energy Partners has entered into an approximately $1.1 billion convertible equity portfolio financing with a consortium of private infrastructure investors.
  • This transaction represents NextEra Energy Partners' lowest-cost and longest dated convertible equity portfolio to date.
  • NextEra Energy Partners, LP (NYSE: NEP) is a growth-oriented limited partnership formed by NextEra Energy, Inc. (NYSE: NEE).
  • NextEra Energy Partners acquires, manages and owns contracted clean energy projects with stable, long-term cash flows.

KKR Invests with NextEra Energy and NextEra Energy Partners in Portfolios of Renewable Energy Assets

Monday, November 2, 2020 - 10:25pm

Global investment firm KKR today announced the signing of agreements with NextEra Energy Resources, LLC, a subsidiary of NextEra Energy, Inc. (NYSE: NEE), and NextEra Energy Partners, LP (NYSE: NEP) relating to two separate transactions to acquire equity interests in portfolios of contracted utility-scale wind and solar assets.

Key Points: 
  • Global investment firm KKR today announced the signing of agreements with NextEra Energy Resources, LLC, a subsidiary of NextEra Energy, Inc. (NYSE: NEE), and NextEra Energy Partners, LP (NYSE: NEP) relating to two separate transactions to acquire equity interests in portfolios of contracted utility-scale wind and solar assets.
  • KKR will invest approximately $1.4 billion in total in the two transactions for interests in 1,625 megawatts (MW) of renewable energy assets.
  • KKR has also signed a Letter of Intent with NextEra Energy Partners to invest approximately $900 million in future renewable energy transactions to provide access to capital for future growth.
  • KKR has a decade of experience investing in renewable energy, with significant capital deployed in renewable assets including more than 10.5 GW of installed renewable capacity.