Cautionary Statements And Risk Factors That May Affect Future Results
These presentations include forward-looking statements within the meaning of the federal securities laws. Actual results could differ materially from such forward-looking statements. The factors that could cause actual results to differ are discussed in the Appendix herein and in NextEra Energy's and NextEra Energy Partners' SEC filings.
Non-GAAP Financial Information
These presentations refer to certain financial measures that were not prepared in accordance with U.S. generally accepted accounting principles. Reconciliations of those non-GAAP financial measures to the most directly comparable GAAP financial measures can be found in the Appendix herein.
Other
See Appendix for definition of Adjusted Earnings, Adjusted EBITDA, Adjusted EBITDA by Asset Category, and CAFD expectations.
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NextEra Energy delivered strong third quarter results while managing the ongoing impacts of the COVID-19 pandemic
NextEra Energy Highlights
NEE grew adjusted EPS by ~11% year-over-year
Continued strong execution at FPL
All of our major capital projects, including one of the largest solar expansions ever in the U.S., remain on track
Customer bills 30% below national average
Gulf Power performance remains strong
Cost reduction initiatives and smart capital investments remain on track
Record quarter of origination at Energy Resources
~2,200 MW originated, including world's largest standalone battery storage project
Net ~1,450 MW added to renewables backlog, which now totals more than 15,000 MW
NextEra Energy Transmission announced agreement to acquire GridLiance
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FPL's earnings per share increased 14 cents from the prior- year comparable quarter
Florida Power & Light Results - Third Quarter
Net Income
EPS
($ MM)
$757
$1.54
$683
$1.40
2019
2020
2019
2020
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NextEra Energy Inc. published this content on 21 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 October 2020 11:34:13 UTC
NextEra Energy, Inc. specializes in electricity production, transmission, and distribution. Net sales break down by activity as follows:
- generation, transmission, distribution and sale of electricity (65.3%): to residential, commercial and industrial customers. At the end of 2023, the Group has a generating capacity of approximately 32,276 MW, a network of 144,841 km of power lines and 883 substations;
- production, transmission and distribution of renewable energies (34.4%): with a production capacity of 37,700 MW, a network of 5 769.5 km of transmission lines and approximately 330 substations;
- other (0.3%).