Description
NextEra Energy: Renewables Expansion & Demand Tailwinds Driving Our Bullishness!
In the third quarter of 2024, NextEra Energy, Inc. reported a strong performance, reflecting an increase of approximately 10% in adjusted earnings per share compared to the prior year, driven by solid financial and operational performance at Florida Power & Light (FPL) and Energy Resources. A key highlight was the addition of approximately 3 gigawatts to its renewables and storage backlog for the second consecutive quarter, bringing the four-quarter total backlog to 11 gigawatts. Additionally, NextEra Energy secured framework agreements with two Fortune 50 companies for potential development of up to 10.5 gigawatts of renewable and storage projects, emphasizing its strategic position in the clean energy transition.
Our Report Structure:
⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures
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