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CLAIM #45326 · Nextera Energy Inc (NEE) · 2023Q4 earnings call · Jan 25, 2024 · due Dec 31, 2026

But we are seeing really good demand for the credits and expect to continue to utilize transferability as an option going forward.

Kirk Crews · CFO

PENDING
graded after results covering Dec 31, 2026 are reported

How to check this claim

Look at: Use of tax credit transferability as a funding source, reported as dollar amount or percentage of total financing mix within the 2024-2026 funding plan

It came true if: Transferability utilized in at least one reporting period as a disclosed component of financing (non-zero dollar amount reported)

Where: Company financing disclosures / investor presentations / 10-K or Q4 earnings call commentary on funding plan mix

In context

r financing plans for ‘24? Kirk Crews : Yes, Carly, this Kirk, the financing plan as we shared in our prepared remarks is consistent with the information, we shared on the third quarter call. And as we approach those options, we will use the historical approaches, project finance and tax equity. But we're also very encouraged by what we're seeing with the transferability market. We are having really good progress with, in those conversations, we're seeing really good demand for the NextEra Energy tax credit. And ultimately, we look at all those as options and will optimize between project finance and transferability and tax equity. And we'll use those within the ranges that we shared and the ‘24 to ‘26 funding plan that we provided between those -- between the disclosure that we provided. But we are seeing really good demand for the credits and expect to continue to utilize transferability as an option going forward. Operator: The next question comes from Jeremy Tonet of JPMorgan. Jeremy Tonet: Hi. Good morning. Just wanted to build off that a little bit as what you talked about before. How do you balance, I guess, looking forward the wealth of growth opportunities and associate funding needs relative to dividend growth? Do you look at industry trends for dividend growth at all and how that might change as utility CapEx increases and just a final point there, just wondering how the EMP business competes for capital against everything else that you have in a lower gas price environment. Kirk Crews : Sure. So we, when we look at capital allocation and you look at, we shared on the third quarter call the returns that we see within the renewable business and as we shared then at Energy Resources within fo

Verify independently

SEC filings for NEE · Claim quote is verbatim from the 2023Q4 earnings call.