NextEra Energy — Jul 23, 2025 release

FPL's growth in the second quarter of 2025 primarily was driven by continued investment in the business. FPL's capital expenditures were approximately $2 billion for the quarter, and full-year capital investments are expected to be between $8 billion and $8.8 billion. Regulatory capital employed increased by nearly 8% over the same quarter last year. FPL continues to focus on running the business efficiently and delivering on its strong customer value proposition, which is anchored in making smart capital investments for the benefit of customers, being an industry leader in costs, and delivering high reliability and outstanding customer service while keeping bills low. Serving its customers with a diversified energy mix, FPL continues to operate and invest in the nation's largest gas-fired fleet along with four nuclear units in Florida, which provides the company the flexibility to leverage cost-effective solar and storage to meet the significant demand from the state's growing population. Last week, the Florida Supreme Court concluded that state regulators properly approved FPL's 2021 settlement agreement by affirming the Florida Public Service Commission's (PSC) Final and Supplemental Final Orders. On Feb. 28, 2025, FPL initiated its 2025 base rate proceeding. The proposed four-year base rate plan would support continued, long-term investments in cost-effective generation, long-term infrastructure and advanced technology, which improves reli