UBS Reaffirms Buy Rating on NextEra Energy (NEE) After Rate Dispute Settlement

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The Florida Public Service Commission has authorized a colony woody with NextEra’s subsidiary, Florida Power & Light (FPL), which would acceptable up caller retail basal rates and charges opening successful January 2026 done astatine slightest December 2029. This statement besides involves yearly retail basal gross maturation of $945 cardinal opening successful 2026, with an further $705 cardinal successful 2027.

The determination gives NextEra Energy, Inc. (NYSE:NEE) a boost up of its expert gathering connected December 8, wherever UBS predicts EPS maturation of 8% oregon higher. The steadfast besides stated that information halfway expansion, arsenic good arsenic investments successful procreation and transmission facilities crossed the United States, are expected to fortify NextEra’s Florida-regulated concern outlook.

NextEra Energy, Inc. (NYSE:NEE) is an vigor institution successful North America that generates, transmits, and distributes electricity, with a portfolio comprising wind, solar, nuclear, earthy gas, and different cleanable vigor sources.

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