CLAIM #45422 · Nextera Energy Inc (NEE) · 2024Q3 earnings call · Oct 23, 2024 · due Dec 31, 2027
“I think that is certainly achievable and potentially higher.”
Rebecca J. Kujawa · CEO, NextEra Energy Resources
How to check this claim
Look at: NextEra Energy Resources market share of renewable (wind/solar/storage) development across technologies
It came true if: Market share >= 20%
Where: Management commentary / industry market share disclosures (investor conference materials, earnings calls)
In context
“s to them at the right time, the right place and in the right price for us mutually. So clearly, a positive tailwind. And at this point, I would say we continue to feel comfortable with the expectations that we laid out in greater detail at the investor conference in June, where we think our overall 4 year development expectations are in aggregate through 2027. So I think this is a great quarter on route to being in those ranges. In terms of I forgot the second part of your question, actually, Jeremy, did that cover the checking part too? Jeremy Tonet : Just market share going forward. Rebecca Kujawa : Listen, we've over a long period of time, had ranges in the market share, I would say, across the technologies, roughly a 20% market share has been a rough consistent performance over time. I think that is certainly achievable and potentially higher. And as you know, we'll continue to balance both higher market share and higher margin, and they are interrelated to an extent. And we're going to make sure that we continue to optimize that. I don't want to build every single project that we could possibly sell to somebody. I want to build the projects that have great returns that create value for our shareholders and build incremental value for our platform over time. And that's what we are going to continue staying focused on. Jeremy Tonet : And just quickly, I guess, on origination opportunity set, how do you see solar versus wind stacking up at this point and also big addition in batteries there. So just wondering what you're seeing currently on that front? Rebecca Kujawa : I would say the trends are consistent with what we've talked”
Verify independently
SEC filings for NEE ↗ · Claim quote is verbatim from the 2024Q3 earnings call.