HighGravityData

NextEra Energy — Apr 23, 2025 release

Fiscal 2025 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000753308-25-000021
Open on SEC.gov ↗
Showing in the filing
FPL solar as percentage of total generation
“approximately 35%”
Period
FY2034
Measure
Company-defined measure
Source
Prose
All guidance in this release · 13
Capital investments for FY2025
“between $8 billion and $8.8 billion”
FPL full-year capital investments for FY2025
“between $8 billion and $8.8 billion”
FPL base rate adjustment for FY2026
“approximately $1.545 billion”
FPL base rate adjustment for FY2027
“$927 million”
FPL typical residential customer bill averag… for FY2025
“about 2.5%”
FPL typical residential bill vs. projected n… for FY2029
“approximately 25% below the projected national average”
FPL solar generation need (Ten-Year Site Plan)
“over 17 GW”
FPL battery storage deployment (Ten-Year Sit…
“over 7.6 GW”
FPL solar as percentage of total generation for FY2034
“approximately 35%”
NextEra Energy adjusted earnings per share for FY2025
“$3.45 to $3.70”
NextEra Energy adjusted earnings per share for FY2026
“$3.63 to $4.00”
NextEra Energy adjusted earnings per share for FY2027
“$3.85 to $4.32”
NextEra Energy dividends per share growth rate for FY2026
“roughly 10% rate per year”
Exhibit 99.1 · the passage around this item
… earlier in the release
The 2025 plan projects the need for over 17 GW of cost-effective solar generation across the service territory over the next 10 years and the deployment of over 7.6 GW of battery storage. With this plan, FPL expects to increase solar from approximately 9% of its total generation in 2024 to approximately 35% in 2034. NextEra Energy Resources NextEra Energy Resources reported first-quarter 2025 net income attributable to NextEra Energy on a GAAP basis of $172 million, or $0.08 per share, compared to net income attributable to NextEra Energy of $966 million, or $0.47 per share, in the prior-year quarter. On an adjusted basis, NextEra Energy Resources' earnings for the first quarter of 2025 were $908 million, or $0.44 per share, compared to $828 million, or $0.40 per share, for the first quarter of 2024. NextEra Energy Resources had a strong quarter for new renewables and storage origination, adding approximately 3.2 GW to its backlog. With these additions, NextEra Energy Resources' backlog now totals roughly 28 GW after taking into account 0.7 GW of new projects placed into service since the fourth-quarter and full-year 2024 financial results call in January. Corporate and Other In the first quarter of 2025 on a GAAP basis, Corporate and Other results decreased $0.38 per share, compared to the prior-year quarter. On an adjusted basis, Corporate and Other results for the first quarter of 2025 decreased $0.03 per share, compared to the prior-year quarter. Outlook NextEra Energy's long-ter
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.