Florida-headquartered NextEra Energy has recorded a net income of US$2,795 million in Q2 2023 as both its renewables development and utility generation arms posted strong results. NextEra Energy Resources posted US$1,462 million in net income in the 3 months from March this year, with adjusted earnings of US$781 million. The company expanded its renewables and […]
NextEra Energy Partners, LP announces agreement to acquire an approximately 1,080-megawatt net interest in a portfolio of long-term contracted renewables projects and enters into new convertible equity portfolio financing – EQ Mag
Announces agreement to acquire a 49% interest in an approximately 1.5-gigawatt renewables portfolio and approximately 100% of the indirect membership interests in an approximately 345-MW portfolio of operating wind assets Enters into agreement for a 10-year convertible equity portfolio financing for $805 million that includes the newly acquired assets plus six existing NextEra Energy Partners’ […]
NextEra Energy sets industry-leading Real Zero™ goal to eliminate carbon emissions from its operations, and leverage low-cost renewables to drive energy affordability for customers – EQ Mag Pro
Goal calls for significant investments to eliminate all scope 1 and scope 2 carbon emissions across NextEra Energy’s operations by no later than 2045 Real Zero would deliver clean energy at zero incremental cost to customers, substantially eliminate fuel price volatility and drive U.S. energy independence NextEra Energy has created the Zero Carbon Blueprint™, a […]
NextEra Energy announces agreement to sell a 50% interest in an approximately 2,520-megawatt portfolio renewables project to a third party, highlighting the value of its best-in-class development program – EQ Mag Pro
NextEra Energy announces agreement to sell a 50% interest in an approximately 2,520-megawatt portfolio renewables project to a third party, highlighting the value of its best-in-class development program. JUNO BEACH, Fla : NextEra Energy, Inc. (NYSE: NEE) today announced that a subsidiary of NextEra Energy Resources, LLC has entered into an agreement to sell a […]
NextEra Energy Developing 2.8 GW of US Battery Storage Through 2024
US utility giant NextEra Energy added 1.84GW of renewables and energy storage projects to its backlog in Q2 2021, but its Energy Resources division reported a fiscal loss of US$315 million. Of the 1.84GW NextEra Energy Resources added in the second quarter, roughly 1.45GW was new solar and 105MW was new energy storage. The clean […]
New U.S. clean energy trade group taps former Obama adviser as CEO
The American Clean Power Association (ACP), which will launch formally on Jan. 1, represents solar, wind, energy storage and transmission companies. A new U.S. clean energy trade group on Thursday named Heather Zichal, who coordinated climate change policies for the Obama White House, as its chief executive. The American Clean Power Association (ACP), which will […]
America’s Greenest Energy Giant Isn’t Trying to Save the Planet
It spent millions to block homeowners from embracing solar panels, fought against hydropower, and pushed for an energy project next to a beloved national park. Its value competes with Exxon Mobil Corp.’s. Its longtime chief executive officer is a registered Republican. Yet NextEra Energy Inc., the world’s biggest investor-owned generator of wind and solar power, […]
NextEra Energy in $15 billion bid for Evergy
The offer for Evergy shows how NextEra is seeking to capitalize on a rally in its stock by pursuing large acquisitions. In September, NextEra was rebuffed by Duke Energy Corp, another major utility it approached with a takeover offer NEW YORK: NextEra Energy Inc, the world’s largest producer of wind and solar energy, has made […]
NextEra Energy Resources Poised to Double U.S. Energy Storage Capacity
NextEra Energy Resources LLC, a wholesale generator of electric power, has highlighted a suite of clean energy storage developments in California that could nearly double the total installed capacity of battery storage available in the U.S. today. The company plans to build nearly 700 MW of fully-contracted battery storage projects in California before the end […]