Company Profile For FPL Group, Inc.

FPL Group, Inc. (FPL Group) is a provider of electricity-related services. The Company has two principal operating subsidiaries, Florida Power & Light Company (FPL) and NextEra Energy Resources. FPL is a rate-regulated utility engaged primarily in the generation, transmission, distribution and sale of electric energy. NextEra Energy Resources is the Company’s competitive energy subsidiary, which produces the majority of its electricity from clean and renewable fuels. FPL Group Capital Inc. (FPL Group Capital), a wholly owned subsidiary of FPL Group, holds the capital stock of, or has equity interests in, FPL Group's operating subsidiaries, other than FPL, and provides funding for those subsidiaries, including NextEra Energy Resources. FPL FiberNet, LLC (FPL FiberNet), a wholly subsidiary of the Company, provides fiber-optic services to FPL, telecommunications companies and other customers throughout Florida.

BRIEF: For the nine months ended 30 September 2009, FPL Group, Inc.'s revenues decreased 3% to $11.99B. Net income increased 3% to $1.27B. Revenues reflect an decrease in income from Florida Power & Light segment and lower income from Next Energy segment. Net income was offset by a decline in the fuel, purchased power & interchange costs, lower storm cost amortization expenses and a rise in the Allowance for equity funds used during construction income.