NextEra Energy: Executing Well Amidst The Storm

NEER solidified its growth outlook this quarter with yet another strong origination, alongside two framework agreements signed with Fortune 50 companies.
FPL executed well amidst the two hurricanes, demonstrating the high quality nature of the business and the management team.
The fundamentals in Florida remain solid, which will likely continue to be a growth driver for the business.
With the growing backlog that extends well into 2027, the visibility into their 2027 targets continue to improve, which makes me confident about the company's ability to exceed the high end of guidance.

Justin Paget

I see NextEra Energy’s (NYSE:NEE) 3Q24 results as reaffirming my investment thesis that the company is well positioned to benefit from the expected growth to come in power demand.

As expected, we saw NextEra Energy Resources (“NEER”) originations hit 3 gigawatts once again

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