Utilities Up After NextEra Earnings -- Utilities Roundup

Dow Jones04-24

Shares of power producers rallied after strong earnings from one major electricity firm.

NextEra Energy surged 6.9% as the company said its Florida Power & Light regulated utility benefitted from residential demand while its NextEra Energy Resources generation unit was bolstered by demand from data centers all over the country.

Similarly, PG&E, the owner of California utility Pacific Gas & Electric, indicated a boom in data-center demand was set to continue and reiterated its earnings-growth projection for the year.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

April 23, 2026 18:32 ET (22:32 GMT)

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