“Over the next four years alone, we plan to invest roughly $120 billion across the country, which would allow us to grow our combined fleet to roughly 121 gigawatts.”

In context

“roposition with two strong businesses that we believe are strategically well-positioned to meet the growing needs of our customers with outstanding prospects for future growth. FPL is the largest electric utility in the U.S. and Energy Resources is the world's leader in renewables and storage. Together, we operate the largest natural gas fire generation fleet in the country are one of the largest nuclear operators in the U.S. and are widely viewed as an industry leader in transmission. We are one of the top five infrastructure investors in the United States and we have invested more than $150 billion in our nation's energy infrastructure over the last decade, building everything from nuclear upgrades, natural gas pipelines and natural gas fire generation to battery storage and renewables. Over the next four years alone, we plan to invest roughly $120 billion across the country, which would allow us to grow our combined fleet to roughly 121 gigawatts. FPL and Energy Resources individually have executed well, delivering value for our customers and shareholders. We have one of the sector's strongest balance sheets and between the two companies, we placed into service approximately 8.7 gigawatts of new renewables and storage projects in 2024. Let me start by giving you an update on each of our businesses and then provide you with some comments on the state of our industry. FPL continued to deliver what we believe is the best customer value proposition in one of the fastest growing states in the U.S. As we approach our 100 year anniversary at FPL, our vision remains the same to continue making smart capital investments for the benefit of our customers, be an industry leader on costs and deliver high reliability and outstanding customer ser”