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Nextera Energy Inc (NEE.N)

NEE.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Florida Power Says Dorian May Cause Significant Damage To Large Parts Of Energy Grid
Monday, 2 Sep 2019 

Sept 2 (Reuters) - FLORIDA POWER & LIGHT COMPANY::FLORIDA POWER & LIGHT COMPANY - DORIAN'S IMPACTS MAY CAUSE SIGNIFICANT DAMAGE THAT COULD REQUIRE CREWS TO REPAIR LARGE PARTS OF ENERGY GRID.  Full Article

PG&E unable to reach deal with NextEra and other power contract holders-court documents
Friday, 3 May 2019 

May 3 (Reuters) - PG&E Corp ::UNABLE TO REACH AGREEMENT WITH NEXTERA INC <<>>, OTHERS OVER POWER PURCHASE CONTRACTS-COURT DOCUMENTS.MATTER OF JURISDICTION OVER POWER PURCHASE AGREEMENTS NOW GOES TO JUDGE OVERSEEING PG&E BANKRUPTCY.NEXTERA AND OTHERS WITH POWER PURCHASE AGREEMENTS WITH PG&E HAD ARGUED CONTRACTS UNDER JURISDICTION OF FEDERAL ENERGY REGULATORY COMMISSION.PG&E MAINTAINS IT SHOULD BE ABLE TO ASSUME AND REJECT POWER PURCHASE AGREEMENTS WHILE IN CHAPTER 11 BANKRUPTCY AND JURISDICTION OVER CONTRACTS BELONGS TO BANKRUPTCY COURT.AT ISSUE IN DISPUTE ARE UP TO $42 BILLION IN POWER PURCHASE AGREEMENTS THAT HELP MEET CALIFORNIA MEET RENEWABLE ENERGY GOALS.  Full Article

Nextera Energy says International Arbitration Tribunal Issued Decision In Proceeding Brought By Units Against Kingdom Of Spain
Wednesday, 13 Mar 2019 

March 13 (Reuters) - Nextera Energy Inc ::NEXTERA ENERGY - INTERNATIONAL ARBITRATION TRIBUNAL ISSUED DECISION IN PROCEEDING BROUGHT BY UNITS AGAINST KINGDOM OF SPAIN.NEXTERA ENERGY - DECISION CONCLUDES UNITS ENTITLED TO DAMAGES WHICH CO ESTIMATES TO REPRESENT ABOUT EUR 291 MILLION.  Full Article

Nextera Energy Expects To Recapitalize Four Existing Wind Projects
Monday, 4 Mar 2019 

March 4 (Reuters) - Nextera Energy Partners LP ::NEXTERA ENERGY PARTNERS, LP ANNOUNCES TRANSACTIONS TO ACHIEVE 2019 GROWTH OBJECTIVES AND EXTEND EARLIEST DATE PARTNERSHIP WOULD NEED TO SELL COMMON EQUITY BY ONE YEAR.NEXTERA ENERGY PARTNERS - NEXTERA ENERGY PARTNERS ALSO HAS ENTERED INTO A $900 MILLION CONVERTIBLE EQUITY PORTFOLIO FINANCING WITH KOHLBERG KRAVIS ROBERTS.NEXTERA ENERGY PARTNERS LP - ANNOUNCES AGREEMENT TO ACQUIRE APPROXIMATELY 611 MEGAWATTS OF CONTRACTED RENEWABLES PROJECTS FROM NEXTERA ENERGY RESOURCES.NEXTERA ENERGY PARTNERS LP - ENTERS INTO AGREEMENT FOR $900 MILLION CONVERTIBLE EQUITY PORTFOLIO FINANCING.NEXTERA ENERGY PARTNERS LP - EXPECTS TO RECAPITALIZE FOUR EXISTING NEXTERA ENERGY PARTNERS' WIND PROJECTS.NEXTERA ENERGY PARTNERS LP - NEXTERA ENERGY PARTNERS INTENDS TO RAISE APPROXIMATELY $1.25 BILLION IN TOTAL TRANSACTION FUNDING.NEXTERA ENERGY PARTNERS-THE COMBINED DEAL EXPECTED TO ENABLE PORTFOLIO TO BRIDGE ANY CASH DISTRIBUTION RESTRICTIONS FROM ONGOING PG&E BANKRUPTCY.NEXTERA ENERGY PARTNERS LP - FUNDS DRAWN UNDER CREDIT FACILITY ARE IMMEDIATELY EXPECTED TO BE PARTIALLY REPAID WITH ESTIMATED $893 MILLION OF NET PROCEEDS.NEXTERA ENERGY PARTNERS - DEAL EXPECTED TO CONTRIBUTE ADJUSTED. EBITDA OF ABOUT $100 MILLION-$115 MILLION, ON 5-YEAR AVERAGE ANNUAL RUN-RATE BASIS, BEGINNING DEC. 31, 2019.NEXTERA ENERGY PARTNERS LP - DEAL EXPECTED TO CONTRIBUTE CAFD OF ABOUT $97 MILLION-$107 MILLION, ON 5-YEAR AVERAGE ANNUAL RUN-RATE BASIS, BEGINNING DEC. 31, 2019.  Full Article

Nextera Energy Announces Organizational Changes
Friday, 25 Jan 2019 

Jan 25 (Reuters) - Nextera Energy Inc ::NEXTERA ENERGY ANNOUNCES ORGANIZATIONAL CHANGES.NEXTERA ENERGY - ARMANDO PIMENTEL, PRESIDENT CEO OF NEXTERA ENERGY RESOURCES, COMPANY'S COMPETITIVE POWER GENERATION SUBSIDIARY, WILL BE RETIRING.NEXTERA ENERGY - JOHN KETCHUM, CURRENTLY EXECUTIVE VICE PRESIDENT AND CFO, NEXTERA ENERGY, IS NAMED AS PIMENTEL'S SUCCESSOR.NEXTERA ENERGY INC - REBECCA KUJAWA, CURRENTLY VICE PRESIDENT, BUSINESS MANAGEMENT, NEXTERA ENERGY RESOURCES, TO SUCCEED JOHN KETCHUM.  Full Article

Nextera Energy Inc Qtrly Adjusted Earnings Per Share $1.49
Friday, 25 Jan 2019 

Jan 25 (Reuters) - Nextera Energy Inc ::QTRLY ADJUSTED EARNINGS PER SHARE $1.49.CONTINUES TO EXPECT ADJUSTED EARNINGS PER SHARE TO BE $8.00 TO $8.50 FOR 2019..QTRLY EARNINGS PER SHARE $0.88.CONTINUE TO EXPECT 2020 ADJUSTED EARNINGS PER SHARE TO BE IN A RANGE OF $8.70 TO $9.20.ALSO CONTINUES TO EXPECT 2020 ADJUSTED EARNINGS PER SHARE TO BE $8.70 TO $9.20.ALSO CONTINUES TO EXPECT 2021 ADJUSTED EARNINGS PER SHARE TO BE $9.40 - $9.95.QTRLY OPERATING REVENUE $4,390 MILLION VERSUS $4,004 MILLION.FLORIDA POWER & LIGHT COMPANY QTRLY EARNINGS PER SHARE $0.85.FLORIDA POWER & LIGHT COMPANY QTRLY ADJUSTED EARNINGS PER SHARE $0.85.Q4 EARNINGS PER SHARE VIEW $1.54 -- REFINITIV IBES DATA.Q4 REVENUE VIEW $4.97 BILLION -- REFINITIV IBES DATA.FY2019 EARNINGS PER SHARE VIEW $8.40 -- REFINITIV IBES DATA.NEXTERA ENERGY RESOURCES QTRLY EARNINGS PER SHARE $0.55.NEXTERA ENERGY RESOURCES QTRLY ADJUSTED EARNINGS PER SHARE $0.66.  Full Article

Florida Power & Light Co Plans To Install More Than 30 Mln Solar Panels By 2030
Wednesday, 16 Jan 2019 

Jan 16 (Reuters) - Florida Power & Light Company::FPL ANNOUNCES GROUNDBREAKING '30-BY-30' PLAN TO INSTALL MORE THAN 30 MILLION SOLAR PANELS BY 2030, MAKE FLORIDA A WORLD LEADER IN SOLAR ENERGY.FLORIDA POWER & LIGHT COMPANY SAYS PROJECTS TO DEPLOY A SIGNIFICANT AMOUNT OF BATTERY STORAGE THROUGHOUT FLORIDA BY 2030.  Full Article

Nextera Energy Says Unit Borrowed $1.125 Bln Under Each Of Four Separate Bi-Lateral Term Loan Agreements For A Total Of $4.5 Bln
Wednesday, 2 Jan 2019 

Jan 2 (Reuters) - Nextera Energy Inc ::NEXTERA ENERGY INC - UNIT BORROWED $1.125 BILLION UNDER EACH OF FOUR SEPARATE BI-LATERAL TERM LOAN AGREEMENTS FOR A TOTAL OF $4.5 BILLION.NEXTERA ENERGY INC - PROCEEDS WERE USED TO FINANCE A PORTION OF PURCHASE PRICE PAYABLE BY NEE FOR ACQUISITION OF GULF POWER COMPANY.NEXTERA ENERGY INC - AMOUNTS OUTSTANDING UNDER LOAN AGREEMENTS MATURE ON JUNE 25, 2019.  Full Article

Nextera Energy Transmission To Acquire Underwater Transmission Cable System
Monday, 19 Nov 2018 

Nov 19 (Reuters) - Nextera Energy Inc ::NEXTERA ENERGY TRANSMISSION TO ACQUIRE UNDERWATER TRANSMISSION CABLE SYSTEM.NEXTERA ENERGY TRANSMISSION TO ACQUIRE UNDERWATER TRANSMISSION CABLE SYSTEM.NEXTERA ENERGY INC - TRANSACTION IS EXPECTED TO BE IMMEDIATELY ACCRETIVE TO EARNINGS UPON CLOSING.NEXTERA ENERGY INC- DEAL FOR APPROXIMATELY $1 BILLION.NEXTERA ENERGY INC - DEAL FOR ABOUT $1 BILLION.NEXTERA ENERGY INC - ENTERED DEFINITIVE AGREEMENTS WITH STEELRIVER INFRASTRUCTURE FUND NORTH AMERICA AND ITS PARTNERS TO ACQUIRE TRANS BAY CABLE, LLC.NEXTERA ENERGY INC- DEAL FOR ABOUT $1 BILLION, INCLUDES ASSUMPTION OF DEBT.  Full Article

Mountain Valley Pipeline Llc Says Will Construct And Own Proposed MVP Southgate
Tuesday, 6 Nov 2018 

Nov 6 (Reuters) - EQM Midstream Partners LP ::MOUNTAIN VALLEY PIPELINE, LLC, FILES FORMAL APPLICATION REQUESTING FERC AUTHORIZATION TO CONSTRUCT MVP SOUTHGATE INTERSTATE NATURAL GAS PIPELINE.MOUNTAIN VALLEY PIPELINE LLC SAYS WILL CONSTRUCT AND OWN PROPOSED MVP SOUTHGATE.MOUNTAIN VALLEY PIPELINE SAYS PROPOSED MVP SOUTHGATE IS JV BETWEEN EQM MIDSTREAM PARTNERS; AFFILIATES OF NEXTERA ENERGY; CONSOLIDATED EDISON; AMONG OTHERS.MOUNTAIN VALLEY PIPELINE SAYS EQM MIDSTREAM PARTNERS WILL OPERATE THE PIPELINE AND OWN LARGEST INTEREST IN THE PROPOSED MVP SOUTHGATE JOINT VENTURE.  Full Article

NextEra Energy plans to sell $1.5 bln equity units

Sept 4 NextEra Energy Inc said on Wednesday it intends to sell $1.5 billion worth of equity units, with each unit issued at $50.