NextEra Energy Inc (N:NEE)
Business Focus: Electric Utilities
| Sector: Utilities | Industry: Electric Utilities |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 700 Universe Blvd JUNO BEACH FL 33408 |
| Tel: | N/A |
| Website: | https://www.nexteraenergy.com |
| IR: | See website |
| Key People | ||
| John W. Ketchum Chairman of the Board, President, Chief Executive Officer; Chairman of Florida Power & Light | Charles E. Sieving Executive Vice President, Chief Legal, Environmental and Federal Regulatory Affairs Officer | Brian W. Bolster Chief Financial Officer, Executive Vice President |
| Rebecca J. Kujawa President, Chief Executive Officer of Nextera Energy Resources LLC | Armando Pimentel President, Chief Executive Officer of Florida Power & Light Company | Terrell Kirk Crews Executive Vice President, Chief Risk Officer |
| Nicole Daggs Executive Vice President, Human Resources and Corporate Services | Robert Coffey Executive Vice President - Nuclear Division, Chief Nuclear Officer | Mark Lemasney Executive Vice President - Power Generation Division | Ronald R. Reagan Executive Vice President - Engineering, Construction and Integrated Supply Chain |
| Business Overview |
| NextEra Energy, Inc. is an electric power and energy infrastructure company. It operates through its wholly owned subsidiaries, NextEra Energy Resources, LLC and NextEra Energy Transmission, LLC (collectively, NEER) and Florida Power & Light Company (FPL). Its segments include NEER and FPL. FPL segment is a rate-regulated electric utility engaged in the generation, transmission, distribution and sale of electric energy in Florida. FPL has approximately 33,276 megawatts (MW) of net generating capacity, approximately 90,000 circuit miles of transmission and distribution lines and 883 substations. The NEER segment owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets in the United States and Canada and also includes assets and investments in other businesses with a clean energy focus, such as battery storage and renewable fuels. It also owns, develops, constructs and operates rate-regulated transmission facilities in North America. |
| Financial Overview |
| For the three months ended 31 March 2024, NextEra Energy Inc revenues decreased 15% to $5.73B. Net income increased 9% to $2.27B. Revenues reflect NextEra Energy Resources segment decrease of 33% to $1.86B, FPL segment decrease of 2% to $3.83B. Net Income benefited from Interest expenses decrease of 73% to $323M (expense), Fuel, purchased power and interchange decrease of 12% to $1.21B (expense). |
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