Strong Financial Performance
Adjusted earnings per share increased by nearly 9% year-over-year, and FPL's earnings per share increased by $0.07 year-over-year, driven by regulatory capital employed growth of approximately 8.1%.
Significant Renewable Energy Expansion
FPL placed into service 894 megawatts of new solar, and Energy Resources originated approximately 3.2 gigawatts of new renewables and storage projects, marking strong demand and expansion in renewable energy.
Record Solar and Battery Storage Origination
Energy Resources had its largest solar origination quarter and largest solar and battery storage origination quarter ever, demonstrating strong demand for low-cost renewables and storage.
Robust Capital Investment Plans
FPL plans to invest nearly $50 billion from 2025 to 2029, adding more than 25 gigawatts of new battery storage by 2034, indicating a commitment to long-term growth and infrastructure development.
Effective Tariff Mitigation Strategy
NextEra has managed tariff exposure to less than $150 million on over $75 billion in expected capital spend, with strategies to potentially reduce this to zero.