Financial PerformanceNEE reported 2Q24 adjusted EPS of USD0.96 (+5.5% q/q, +9.5% y/y) beating consensus expectations by +7%.
Regulatory EnvironmentFlorida remains a constructive jurisdiction, and point to the constructive decision from the FPSC in peer utility Tampa Electric's rate case.
Renewable Energy GrowthThe net backlog grew to 24GW, exceeding expectations and indicating strong future growth potential.