MAAT INDEX

CLAIM #45281 · Nextera Energy Inc (NEE) · 2023Q3 earnings call · Oct 24, 2023 · due Dec 31, 2026

We are also focused on delivering LP distribution growth of 6% through at least 2026, and the repowerings we announced today are a good start towards achieving that objective.

John Ketchum · CEO

PENDING
graded after results covering Dec 31, 2026 are reported

How to check this claim

Look at: NextEra Energy Partners (NEP) LP distribution per unit growth rate, year-over-year

It came true if: Annual LP distribution growth >= 6% for each year through 2026

Where: Company press releases / quarterly earnings reports on NEP LP distribution declarations

In context

counterparty credit rating of BBB plus via contracts with an average remaining contract life of 14 years. We remain optimistic the partnership can be an attractive vehicle to own existing renewable assets over the long term. We want the partnership to be successful, and separately, to address a question we've been receiving from some investors, NextEra Energy has no plans to buy back NextEra Energy Partners. With that, I'll turn the call over to John. John Ketchum: Thanks, Kirk. Let me briefly address NextEra Energy Partners. It's been a difficult year, and we have a lot of work to do. As Kirk shared, we are focused on executing against our transition plans and look forward to providing an update on the Texas Pipeline portfolio sales process on or before the fourth quarter earnings call. We are also focused on delivering LP distribution growth of 6% through at least 2026, and the repowerings we announced today are a good start towards achieving that objective. At NextEra Energy, our foundations are rooted in FPL, the nation's largest electric utility, and NextEra Energy Resources, the world's leader in renewables. Both businesses have performed very well, complement each other, and push one another to be even better. This is validated by the solid financial and operating results both continue to deliver and the excellent progress we are making against our development expectations. Over recent weeks, we met with many of our investors and have welcomed your feedback. In response, we addressed many of the questions we heard from you in our remarks today and in the presentation materials you now have. Along those lines, I want to reiterate the solid fundamentals on which NextEra Energy is built and our outstanding prospects for future growth, havin

Verify independently

SEC filings for NEE · Claim quote is verbatim from the 2023Q3 earnings call.