United States

NextEra Energy Inc (NEE.N)

NEE.N on New York Stock Exchange

5 Dec 2016
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$0.59 (+0.52%)
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Latest Key Developments (Source: Significant Developments)

NextEra Energy, Inc announces CFO transition
Tuesday, 1 Mar 2016 04:16pm EST 

NextEra Energy, Inc:Announces CFO transition.Says john ketchum appointed CFO.Vice chairman and chief financial officer moray dewhurst retires.Says ketchum's appointment is effective March 4, 2016.  Full Article

NextEra Energy board declares quarterly dividend
Friday, 12 Feb 2016 02:45pm EST 

NextEra Energy:Declared a regular quarterly common stock dividend of 87 cents per share.Dividend is payable on March 15 to shareholders of record date as on Feb. 26.  Full Article

NextEra Energy Resources agrees to sell Texas fossil generating assets to an affiliate of Energy Future Holdings
Friday, 27 Nov 2015 09:00am EST 

Energy Resources, LLC, competitive energy subsidiary of NextEra Energy, Inc. (NYSE:NEE):announced that one of its subsidiaries, La Frontera Ventures LLC, has entered into an agreement to sell its ownership interest in its Forney and Lamar generating assets to an affiliate of Energy Future Holdings (EFH).aggregate purchase price is approximately $1.59 billion, including estimated working capital at closing.EFH affiliate has already received orders from the EFH bankruptcy court approving the purchase of the assets and the funding of the purchase price through the affiliate's existing debtor-in-possession credit facility.transaction includes the 1,912-megawatt (MW) Forney Energy Center, a natural gas-fired facility located in Forney, Texas, that began commercial operation in 2003 and the 1,076-MW Lamar Energy Center, a natural gas-fired facility located in Paris, Texas.NextEra Energy Resources' affiliate will continue to operate both of the facilities included in the sale for an initial period of up to one year.transaction is expected to close in the first quarter of 2016.Following the closing of the sale, NextEra Energy Resources will continue to own and operate a diverse mix of clean generating assets in 25 states, including Texas, and Canada, with a combined capacity of approximately 17,000 MW.Citi is serving as financial advisor to NextEra Energy Resources, and Hogan Lovells is legal counsel.  Full Article

NextEra Energy declares quarterly dividend
Friday, 16 Oct 2015 03:07pm EDT 

NextEra Energy, Inc:Declared a regular quarterly common stock dividend of 77 cents per share.Dividend is payable on Dec. 15, 2015, to shareholders of record on Nov. 27, 2015.  Full Article

NextEra Energy Partners, LP completes acquisition of natural gas pipelines in Texas
Monday, 5 Oct 2015 06:45am EDT 

NextEra Energy Partners, LP:Completes acquisition of NET Midstream.Says also completes acquisition of 149-megawatt (MW) Jericho Wind Energy Center in Ontario, Canada, from a subsidiary of its sponsor NextEra Energy Resources, LLC.Says partnership has closed $600 mln of term loans, which completes its financing for the NET Midstream and Jericho acquisitions.Acquired NET Midstream for a total transaction value of about $2.1 bln, including $934 mln in cash consideration and the assumption of about $654 mln in existing debt, and excluding post-closing working capital and other adjustments.Says $300 mln for expansion projects is expected to be financed almost entirely with incremental future debt.  Full Article

NextEra Energy Inc intends to sell $700 million of equity units
Thursday, 10 Sep 2015 04:32pm EDT 

NextEra Energy Inc:Says it intends to sell $700 million of equity units.Says each equity unit will be issued in a stated amount of $50.Says each equity unit will consist of a contract to purchase Nextera Energy common stock in the future.Says net proceeds from the sale of the equity units expected to be approximately $692 million.Net proceeds from the sale of the equity units will be added to the general funds of Nextera Energy Capital holdings.Says Nextera Energy Capital holdings expects to use its general funds to fund investments in energy and power projects.Each equity unit will also consist of 5% undivided beneficial ownership interest in Nextera Energy Capital debenture due September 2020.  Full Article

NextEra Energy Inc declares regular quarterly common stock dividend
Friday, 22 May 2015 12:05pm EDT 

NextEra Energy Inc:Declares a regular quarterly common stock dividend of 77 cents per share.Payable on June 15 to shareholders of record on May 29.  Full Article

Nextera Energy, Inc reaffirms FY 2015 EPS guidance - Conference Call
Wednesday, 29 Apr 2015 09:00am EDT 

Nextera Energy, Inc:Continues to expect adjusted earnings-per-share for FY 2015 to be in the range of $5.40 to $5.70 per share.FY 2015 EPS of $5.65 - Thomson Reuters I/B/E/S.  Full Article

Federal Energy Regulatory Commission approves proposed merger between NextEra Energy and Hawaiian Electric Industries
Monday, 30 Mar 2015 04:30pm EDT 

NextEra Energy and Hawaiian Electric Industries:Says the Federal Energy Regulatory Commission (FERC) has given its approval to the companies' proposed merger.Transaction remains subject to approval by the Hawaii Public Utilities Commission, HEI shareholders, the spinoff of ASB Hawaii and additional regulatory approvals and other customary conditions.  Full Article

NextEra Energy Inc's FPL announces plan to acquire and phase out coal-fired power plant
Friday, 6 Mar 2015 01:10pm EST 

Florida Power & Light Company:Files a petition with the Florida Public Service Commission (PSC) to request approval to acquire a power plant that it has had under a long-term contract to purchase power since 1988.Upon taking ownership of the Cedar Bay Generating Plant, a 250-megawatt coal-fired facility located in Jacksonville, Fla., FPL plans to immediately terminate the contract and reduce the plant's operations by 90 percent, with the intention of eventually phasing the plant out of service.Says this plan is projected to save FPL customers an estimated $70 mln and prevent nearly 1 mln tons of carbon dioxide emissions annually.Florida Power & Light Company (FPL) is a subsidiary of Juno Beach Fla based NextEra Energy Inc.  Full Article

Energy Future bankruptcy exit hearings set for February

WILMINGTON, Del. Texas power company Energy Future Holdings Corp will start hearings in February to confirm its Chapter 11 bankruptcy exit plan and its proposed sale of its power lines business to NextEra Energy Inc for $18.6 billion, a judge said on Thursday.