DOCSLIB.ORG

Ashtabula Dedicated As Largest Wind Farm in North

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Ashtabula Dedicated As Largest Wind Farm in North ENERGYnow A publication for and about FPL Group employees Vol. 1 No. 5 Inside This Issue 2 Employees are the difference / Leadership Perspective: Awesome record 3 Leadership Perspective: Plan for the future / Hybrid fleet announced 4 Interim review begins with self evaluation / FPL Group Connection 5 Great Question: What is SAP One and how will it benefit the company? / Did You Know: Map shows system detail Ashtabula Wind Energy Center wind turbines serve as a backdrop as NextEra Energy Resources Senior Vice President of Development Mike O’Sullivan (center), joins North Dakota Gov. John Hoeven as he cuts the dedication ribbon at the company’s largest wind facility in the 6-8 state. They are joined by (l-r) Chuck McFarlane, president of Otter Tail Power Company; Dave Loer, president and CEO of Minnkota Power Input drives Distribution actions / Cooperative; Commissioner Kevin Cramer, North Dakota Public Service Commission; and John DiDonato, NextEra Energy Resources vice Engagement Update: A focus on president of Development. trust / Managing your career is easy / Spotlight on Health: Save Ashtabula dedicated as largest wind farm in with network providers / Health Champion: Freedom from unhealthy habits / Recognizing North Dakota; can power 58,000+ homes Zero Today! / Training saves elderly woman Celebrating the largest wind farm in North Dakota, Otter Tail Power Company owns 32 of the turbines. NextEra Energy Resources Senior Vice President Mike “Ashtabula Wind Energy Center is a good example of 9 O’Sullivan, North Dakota Gov. John Hoeven and about Residents receive how we’re building a multi-resource energy industry in ® 200 other local community leaders and guests last makeovers / Care to Share North Dakota,” said Gov. Hoeven. “Projects like this month dedicated the 196.5-megawatt Ashtabula Wind campaign starts / Grads get Energy Center. are helping us to grow and diversify our economy, create offer letters jobs and strengthen our energy security. That benefits “This is the latest example of our ongoing commitment not only North Dakota but also the entire nation.” 10 to expanding renewable energy projects, both in North Backup command center Dakota and across the nation,” said Mike. “In addition The new wind energy center is one of seven the unveiled / Gift helps Iowa flood to generating clean, emissions-free energy, Ashtabula company owns in the state that, when combined, have a recovery / Spreading the news Wind Energy Center will have a meaningful impact on generating capacity of more than 450 MW. Expansions about wind the local economy through the jobs we’ve created, taxes of two existing wind facilities in North Dakota are being we pay, lease payments we make to landowners, and planned that will generate an additional 170 MW when 11 goods and services we source locally.” they are completed. By December, NextEra Energy EarthEra™ offsets conference / Resources will have invested more than $1 billion in Maine Hydro manages balance / Located in southeastern North Dakota, the Ashtabula wind energy in North Dakota. A decade of excellence Wind Energy Center is capable of generating enough electricity to power more than 58,000 homes. NextEra The company’s total wind portfolio now consists of 65 12 Energy Resources operates the entire wind farm and wind facilities in 16 states and Canada with an installed The Big Picture: owns 99 of the 131 turbines; regional power utility capacity of more than 6,300 MW. A green pavilion VOL. 1, NO. 5 | July 2009 ENERGY now 1 Continued on page 3 Leadership Perspective: Awesome record With half of 2009 under our belts, Energy Now spoke with NextEra Energy Resources President and CEO Mitch Davidson about what the future holds. Who would have thought a business that generated adjusted earnings of $34 million in 1998 would, just a decade later, reach $821 million? Yet that’s precisely what’s occurred at NextEra Energy Resources. Jim Poppell, FPL Group executive vice president Mitch Davidson, President and CEO It’s an incredible track record, but people NextEra Energy Resources of Human Resources, accepts an award that often ask me if we can sustain that kind of recognizes the company’s No. 1 ranking in growth. I tell them I don’t know, but we’re And we’re flexible. While we’ll continue ® the Electric & Gas Utility Industry on Fortune going to give it everything we have to meet to pursue significant wind investment magazine’s “Most Admired Companies” list. our objectives. opportunities, we’re pursuing several other growth paths, too. Take solar. Thanks to One thing I learned as a college athlete is state legislation that encourages renewables the team that wins isn’t always the team and increasingly efficient technology, we Employees are with the most talent. The team that wins believe solar today is where wind was a needs good talented individuals, but more decade ago. We expect to build on our the difference importantly, they must have a strong desire leadership position in solar power. to succeed. They have to be focused on the We’ve become a player in the transmission FPL Group Chairman and CEO Lew Hay, addressing details. And they must trust each other, take business through necessity. Our industry the recent Sanford C. Bernstein & Co. 25th Annual responsibility and work as a single unit. lacks, in many regions, the infrastructure Strategic Decisions conference in New York, spoke The team that usually wins is the one that required to transmit renewable energy to about the company’s performance. flawlessly executes the game plan. These are attributes you see at NextEra Energy population centers from remote areas. “We have outperformed our peers, both in the utility Resources on a daily basis. We’re taking these experiences and sector and the S&P 500. While the returns over the continuing to build our transmission last two years are not great, we all know what the business while looking for opportunities market has done during this period of time,” said to expand our footprint. Lew. “We are proud to be one of the few companies We’ll need We’re enhancing our marketing and trading that can say over the last two years we’ve had capabilities and adding new products to positive returns. When you combine our strong to continue to meet customer needs. Our retail and fiber- financial position with the strong growth we’ve had, “ optic businesses also are competing hard for we end up getting lots of recognition from around maintain our business, adding customers, and looking for the world. The one we are most proud of is being ® innovative ways to grow. ranked No. 1 in our industry in Fortune magazine focus, work as for three years in a row.” We must execute. Growing a business during difficult economic times can be Global human resources consulting firm The Hay one team and, challenging, but we’ve shown it can be Group last month commemorated the company’s done. We’ll need to continue to maintain achievement with an award. Accepting on the above all, work our focus, work as a team and, above company’s behalf was Jim Poppell, FPL Group all, work safely. If we do all that, I know executive vice president of Human Resources. safely. we’ll win. “This award belongs to the more than 15,000 – Mitch Davidson employees across the country who made this happen,” said Jim. We have a great team of ”bright people As Lew told employees when the Fortune rankings with a lot of hustle and drive. Developers, were announced, “It is clear to me and clear to a traders, operators, staff and support folks lot of people that we have the most talented and make it happen every day all across the Mitch Davidson hardest working team in the industry.” country, and in Canada, too. President and CEO We have a solid game plan. We’re the NextEra Energy Resources leading renewable energy provider in America and we’re well positioned for a carbon-constrained future. 2 ENERGY now VOL. 1, NO. 5 | July 2009 Leadership Perspective: Hybrid fleet Plan for announced the future Several hybrid cars owned by Sarasota County, Fla., will soon become super-efficient, plug-in electric vehicles With half of 2009 under our belts, with help from FPL. The company will retrofit four of Energy Now spoke with FPL President the county’s Toyota Prius hybrid cars with Hymotion and CEO Armando Olivera about what lithium-ion battery conversion technology as part of its the future holds. commitment to clean energy. At Florida Power & Light Company, we Hybrid electric vehicles use a battery-powered electric have a dual responsibility: managing our motor charged by a gasoline engine that also provides business today while prudently planning additional power to the car. The conversion will permit for the future. Today, times are tough in the cars’ batteries to be charged from a standard Florida and we all need to be especially 110-volt outlet, boosting gas mileage to 100 miles per gallon. sensitive to our customers, many of whom Armando Olivera, President and CEO are going through a very stressful period. Florida Power & Light Company Vice President of External Affairs Pam Rauch said the plug-in hybrids will significantly reduce carbon- At the same time, we have a responsibility three utility-scale solar plants to make dioxide emissions. “Addressing the climate challenge is to plan for the future, and that’s exactly Florida No. 2 in solar energy; and seeking extremely important to FPL Group,” said Pam. “As the what we’re doing. We’re making major approval for a 300-mile underground nation’s No. 1 producer of renewable energy from wind investments to improve the operating natural gas pipeline to enhance fuel and solar power, we have long championed policies to efficiency of our power plants, generate security.
Load more

Recommended publications
  • 2021 ESG Report
    2021 REPORT Environmental, Social and Governance Our strategy: NextEra About Our 2020-2021 Coronavirus Confronting Building the Environment Social Governance Risks and Conclusion Appendix A letter from Energy’s this report operating awards & (COVID-19) climate world’s leading opportunities our CEO ESG journey portfolio recognitions response change clean energy provider Contents Our strategy: A letter from our CEO .............................................3 NextEra Energy’s ESG journey ......................................................6 About this report .............................................................................7 Our operating portfolio ..................................................................8 2020-2021 awards & recognitions ..............................................10 Coronavirus (COVID-19) response..............................................11 Confronting climate change ........................................................13 Building the world’s leading clean energy provider .................19 Florida Power & Light Company ................................................20 NextEra Energy Resources ........................................................26 Environment ...................................................................................30 Social ..............................................................................................38 Governance ....................................................................................48 Risks and opportunities ...............................................................52
    [Show full text]
  • Presentation Title Information
    Wolfe Research 2018 Power & Gas Leaders Conference Jim Robo Chairman and CEO, NextEra Energy October 3, 2018 Cautionary Statements And Risk Factors That May Affect Future Results This presentation includes forward-looking statements within the meaning of the federal securities laws. Actual results could differ materially from such forward-looking statements. The factors that could cause actual results to differ are discussed in the Appendix herein and in NextEra Energy’s and NextEra Energy Partners’ SEC filings. Non-GAAP Financial Information This presentation refers to certain financial measures that were not prepared in accordance with U.S. generally accepted accounting principles. Reconciliations of historical non-GAAP financial measures to the most directly comparable GAAP financial measures can be found in the Appendix herein. 2 NextEra Energy achieved strong financial results in the first half of 2018 NextEra Energy First Half 2018 Results Adjusted EPS(1) • NEE achieved year-over-year growth of ~12% in adjusted EPS • Continued execution on our best-in- class customer value proposition at FPL $4.04 – Regulatory capital employed growth of (2) $3.62 ~13% year-over-year • Outstanding origination success at Energy Resources – Added over 2,600 MW of renewables to backlog • Announced acquisition of Gulf Power, Florida City Gas and the Stanton and Oleander natural gas power plants H1 2017 H1 2018 – Florida City Gas closed in July 2018 – Gulf Power and natural gas plants granted Hart-Scott-Rodino antitrust clearance 1) See Appendix for reconciliation
    [Show full text]
  • Nextera Energy Inc. Revenue Decomposition
    Krause Fund Research 2 Spring 2021 NextEra Energy, Inc. (NYSE: NEE) Stock Rating: Utilities th April 16 , 2021 HOLD Analysts z Caleb Fitch Jerome Mays Guy Renquist Grant Wambold [email protected] [email protected] [email protected] [email protected] Investment Thesis Target Price: $85.47-$89.85 Drivers of Thesis: Model Prices • Two of NextEra’s largest subsidiaries, Florida Power and Light (FPL) DCF $87.66 and Gulf Power, are set to see large increases in demand for their services DDM $87.85 in 2021 and 2022. FPL and Gulf Power provide public electricity services to Relative PE $29.95 a large majority of the popular vacation destinations in Florida. As the vaccine Price Data rollout continues in the U.S. and the COVID-19 pandemic draws to a close, Current Price $80.94 safety concerns will diminish. As this happens, we expect Americans to 52-week Low $55.66 increase travel and head to NextEra’s rate-regulated service areas. This 52-week High $87.69 expectation is built into our model with combined revenue growth of 13% in $1 2021 and 6.7% in 2022 for both segments. Key Statistics • NextEra Energy Resources (NEER) will grow at an accelerated rate as Market Capitalization $158.76 B more businesses and consumers look for cleaner energy sources and the Shares Outstanding 1.96 B market for electric vehicle infrastructure expands. NEER is the largest EPS (2021E) $2.15 provider of energy sourced from the wind and sun in the World. NEER’s P/E Ratio (TTM) 54.0 attractive generating portfolio will draw in more customers who are looking Forward P/E Ratio 37.1 for electricity sourced from renewables.
    [Show full text]
  • Wind Farm Values and Impacts in Klickitat County
    Wind Farm Values and Impacts in Klickitat County Prepared by: Joseph Gonyeau Current Revision May 23, 2011 - 1 - Table of Contents Page 1.0 Overview 4 2.0 Conclusion and Recommendations 4 3.0 Summary 5 4.0 Comparables to determine Fair Market Value 5 4.1 $2.82 million/Mw 4.2 $2.37 million/mw 4.3 $2.21 million/Mw 4.4 $ 2.15 million/Mw 4.5 $ 2 million/Mw 4.6 $ 2 million/Mw 4.7 $1.86 million/Mw 4.8 $1.67 million/Mw 4.9 $ 1.54 million/Mw 4.10 $1.27 million/Mw 5.0 Additional References Considered 6 5.1 Annual Report on U.S. Wind Power Installation, Cost, and Performance Trends: 2006 5.2 Wind Farms—A Valuation Primer 5.3 How much do wind turbines cost? 6.0 Tax Revenues 7 7.0 Tax Levy Assignments 7 8.0 Property Owners and Assessment Summary 8 Big Horn Wind Energy Project LLC Harvest Wind Project Northwest Wind Partners LLC Summit Power Tuolumne Wind Project LLC Windy Flats Partners New Projects Big Horn II Wind Energy Project LLC Juniper Canyon Project Phase 1 - 2 - Page 9.0 Background Information - Levy Breakdown and related Tax Code Areas (TCAs) 10 9.1 Levy Breakdown 9.2 Tax Code Areas (TCAs) of Klickitat County 10.0 Data Tables 11 10.1 Wind Projects Table – Worksheet (property data) 10.2 Wind Projects Table – Worksheet (tax impact) 10.3 Wind Projects Table – Worksheet (generation data) 11.0 Comments and Questions 12 12.0 Follow-up Data 13 - 3 - 1.0 Overview The purpose of this wind farm evaluation was to determine what was being assessed and for how much, whether the assessed value was appropriate, whether all appropriate properties were being assessed, how much was being paid in taxes, and where the tax revenues were being directed, This report addresses those items.
    [Show full text]
  • May/June 2021 Investor Presentation
    May/June 2021 Investor Presentation Cautionary Statements And Risk Factors That May Affect Future Results These presentations include forward-looking statements within the meaning of the federal securities laws. Actual results could differ materially from such forward-looking statements. The factors that could cause actual results to differ are discussed in the Appendix herein and in NextEra Energy’s and NextEra Energy Partners’ SEC filings. Non-GAAP Financial Information These presentations refer to certain financial measures that were not prepared in accordance with U.S. generally accepted accounting principles. Reconciliations of those non-GAAP financial measures to the most directly comparable GAAP financial measures can be found in the Appendix herein. Other See Appendix for definition of Adjusted Earnings, Adjusted EBITDA, CAFD expectations, and Adjusted Earnings by Source. All share-based data reflect the effect of the 4-for-1 split of NextEra Energy common stock effective October 26, 2020. “FPL” refers to Florida Power & Light Company excluding Gulf Power unless otherwise noted or when using the term “combined.” 2 NextEra Energy is comprised of strong businesses supported by a common platform • ~$152 B market capitalization(1) • ~58 GW in operation(2) • ~$132 B in total assets(3) • The largest electric utility • The world leader in in the United States by electricity generated retail MWh sales from the wind and sun Engineering & Construction Supply Chain Wind, Solar, and Fossil Generation Nuclear Generation 1) As of April 30, 2021;
    [Show full text]
  • Petitioner's Confidential Exhibit No. 1 Northern Indiana Public Service
    REDACTED Petitioner’s Confidential Exhibit No. 1 Northern Indiana Public Service Company LLC Page 1 VERIFIED DIRECT TESTIMONY OF ANDREW S. CAMPBELL 1 Q1. Please state your name, business address and title. 2 A1. My name is Andrew S. Campbell. I am the Director of Regulatory Support 3 & Planning for Northern Indiana Public Service Company LLC 4 (“NIPSCO”). My business address is 1500 165th Street, Hammond, Indiana 5 46320. 6 Q2. Please describe your educational and employment background. 7 A2. I graduated from Purdue University Calumet with a Bachelor of Science in 8 Mechanical Engineering and graduate studies in Interdisciplinary 9 Engineering. Additionally, I graduated with a Master of Business 10 Administration from the University of Notre Dame. I began my 11 employment with NIPSCO in June of 2009 as an Operations Analysis 12 Engineer. In September of 2011, I was promoted to the Manager of 13 Operations & Market Support and, in May of 2013, assumed the role of 14 Manager of Planning & Regulatory Support. In September of 2017, I was 15 promoted to my current role as Director of Regulatory Support & Planning. 16 Prior to joining NIPSCO, I worked as an engineer for an industrial Confidential – Excluded from public access per A.R. 9(G) REDACTED Petitioner’s Confidential Exhibit No. 1 Northern Indiana Public Service Company LLC Page 2 1 manufacturing company that specialized in engine attachments for marine 2 and small power generation applications. I am also a veteran of the Army 3 National Guard. 4 Q3. What are your responsibilities as Director of Regulatory Support & 5 Planning? 6 A3.
    [Show full text]
  • Developers' Perspectives on New England's Energy Infrastructure
    Developers’ Perspectives on New England’s Energy Infrastructure Needs and Challenges James Avery, Pierce Atwood LLP (moderator) Ethan Paterno, PA Consulting Group Thorn Dickinson, Avangrid Networks Thomas F. Brostrøm, DONG Energy Wind Power Jaya Velamakanni, Cyprus Creek Renewables F. Allen Wiley, NextEra Energy Resources October 20, 2017 Boston, MA NEW ENGLAND ROOTS GLOBAL EXPERTISE 3 2 Slide 12 3 Lauren Fowler, 10/4/2017 THE BEST PATH FROM QUÉBEC TO THE NEW ENGLAND ENERGY MARKET NEW ENGLAND CLEAN ENERGY CONNECT BEST ROUTE • End-to-end site control • 100 miles existing corridor • 45 miles new corridor COST COMPETITIVE • Overhead DC construction • Leveraging regional grid investments in Maine • Global purchasing power WE CAN DELIVER • Delivered $1.4 billion project on time and under budget (2015) • Experienced in Maine and regional permitting • Strong support from Maine Governor, local businesses, and host communities NECleanEnergyConnect.com 4 MASSACHUSETTS PROJECT BENEFITS LARGEST SAVINGS New England electricity customers will save more than $3.8 billion over 20 years – more than any other project. Massachusetts customers will save $150 million in electricity costs annually. LARGEST CAPACITY NECEC can deliver up to 1,200 megawatts of clean, reliable hydropower into the region’s grid. STRONGER ECONOMY Lower energy costs for businesses will increase the state’s GDP by an average of $243 million + each year and expand employment by nearly 2,000 full-time jobs. A COMMITMENT TO CLEAN NECEC’s ability to deliver a large capacity of clean hydropower allows for an unmatched contribution towards a cleaner footprint. In Massachusetts alone, NECEC will reduce carbon emissions annually by 1.4 million metric tons – the equivalent of taking 296,000 cars off the road.
    [Show full text]
  • February/March 2021 Investor Presentation
    February/March 2021 Investor Presentation Cautionary Statements And Risk Factors That May Affect Future Results These presentations include forward-looking statements within the meaning of the federal securities laws. Actual results could differ materially from such forward-looking statements. The factors that could cause actual results to differ are discussed in the Appendix herein and in NextEra Energy’s and NextEra Energy Partners’ SEC filings. Non-GAAP Financial Information These presentations refer to certain financial measures that were not prepared in accordance with U.S. generally accepted accounting principles. Reconciliations of those non-GAAP financial measures to the most directly comparable GAAP financial measures can be found in the Appendix herein. Other See Appendix for definition of Adjusted Earnings. All share-based data reflect the effect of the 4-for-1 split of NEE common stock effective October 26, 2020. All financial results for Florida Power & Light as of December 31, 2020 exclude financial results attributable to Gulf Power. On January 1, 2021, FPL and Gulf Power merged, with FPL as the surviving entity. However, FPL will continue to be regulated as two separate ratemaking entities. FPL and Gulf Power will continue to be separate operating segments of NEE through 2021. 2 NextEra Energy is comprised of strong businesses supported by a common platform • ~$170 B market capitalization(1) • ~57 GW in operation(2) • ~$128 B in total assets(3) • The largest electric utility • The world leader in in the United States by
    [Show full text]
  • Solving America's Energy Challenges
    SOLVING AMERICA’S ENERGY CHALLENGES Annual Report 2014 Leading the World in Generating Power from the Wind and Sun NextEra Energy, Inc. Financial Highlights Year End ($ in millions, except per share amounts) » A leading clean energy company 300 % CHANGE 2014 2013 » Approximately 44,900 megawatts of % total shareholder return Net Income Attributable to generating capacity NextEra Energy, Inc. over the last decade, » $ S 29.2 % $ 1,908 Approximately 13,800 employees in outperforming our peers 2,465 27 states and Canada and the S&P 500 Earnings Per Share Attributable to NextEra Energy, Inc. (assuming dilution) $ 5.60 S % $ 4.47 Dec. 31, 2004 – Dec. 31, 2014 25.3 with dividend reinvestment Operating Revenues $ 17,021 S 12.5 % $ 15,136 Florida Power & Operating Income Light Company $ 4,384 S 35.3 % $ 3,241 Cash Flows from Operating Activities » Third-largest U.S. electric utility $ 5,500 S 7.8 % $ 5,102 » Typical residential customer bill Total Assets approximately 25 percent lower than national average 151% $ 74,929 S 8.1 % $ 69,306 S&P 500 » 99.98 percent service reliability 141% Utilities Index » S&P 500 Common Stock Data One of the cleanest power plant fleets Electric Weighted-Average Shares Outstanding Utilities (assuming dilution – millions) Index 440 S 3.0 % 427 % 109 Dividends Per Share S&P 500 $ 2.90 S 9.8 % $ 2.64 Book Value Per Share $ 45.48 S 9.7 % $ 41.44 NextEra Energy Resources Market Price Per Share (high – low) $ 110.84 – $ 89.75 – » World's largest generator of wind and 83.97 69.81 solar energy in 2014 » Wind farms in 19 states and four Canadian provinces Operating Data Utility Energy Sales (kilowatt-hour – millions) » Solar energy centers in four states 113,196 S % 107,643 and Canada 5.2 FPL Customer Accounts (thousands) 4,739 S 1.4 % 4,672 Employees (approximately) 13,800 T (0.7) % 13,900 FORWARD-LOOKING STATEMENTS: This report includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.
    [Show full text]
  • U.S. Wind Industry Fourth Quarter 2011 Market Report January 2012
    U.S. Wind Industry Fourth Quarter 2011 Market Report January 2012 The U.S. wind industry installed 3,444 MW during the fourth quarter of 2011, bringing total installations in 2011 to 6,810 MW. The U.S. wind industry now totals 46,919 MW through the end of 2011. There are over 8,300 MW currently under construction involving over 100 separate projects spanning 31 states plus Puerto Rico. U.S. Annual and Cumulative Wind Power Capacity The U.S. wind industry installed 6,810 MW during 2011, a 31% increase from 2010 total installations. These projects were installed across thirty U.S. states, using twenty-three different turbine manufacturers. The fourth quarter alone saw 3,444 MW commissioned – more than the first three quarters of the year combined. The cumulative installed wind capacity in the U.S. grew 17% from 2010, and now totals 46,919 MW. *** AWEA Fourth Quarter 2011 Market Report *** U.S. Wind Power Installations by Quarter 4,500 4,106 4,116 1Q 2Q 3Q 4Q 4,000 3,444 3,500 3,296 3,080 3,000 2,500 2,000 Capacity Capacity (MW 1,621 1,585 1,500 1,294 1,331 1,219 1,204 1,118 1,044 1,000 704 671 541 500 0 2008 2009 2010 2011 *** AWEA Fourth Quarter 2011 Market Report *** Wind Power Capacity Installations, Top 20 States Texas Iowa California Through 2010 1Q 2011 Illinois 2Q 2011 Minnesota 3Q 2011 Washington 4Q 2011 Oregon Oklahoma Most Capacity Installed during Capacity Colorado 2011 (MW) North Dakota California 921.3 Wyoming Illinois 692.5 New York Iowa 646.7 Minnesota 541.9 Indiana Oklahoma 525.0 Kansas Pennsylvania Fastest Growing States during 3Q 2011 Growth Rate South Dakota Ohio 929% Vermont 625% New Mexico Massachusetts 152% Wisconsin Michigan 130% Idaho Idaho 75% West Virginia 0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 10,000 11,000 *** AWEA Fourth Quarter 2011 Market Report *** U.S.
    [Show full text]
  • Delivering For
    Profile 2 013 Delivering For You The 43 giant wind turbines at NextEra Energy’s Mower Wind Energy Center in southeastern Minnesota can generate enough electricity to power 33,000 homes. The company is the largest generator in North America of renewable energy from the wind and sun. Delivering Leadership NextEra Energy Highlights (2012): Next Era Energy was named No. 1 Operating revenues ........................................................................... $14.3 billion overall among electric and gas Net income .......................................................................................... $1.9 billion utilities on Fortune magazine’s 2013 list of the World’s Most Earnings Per Share (assuming dilution) ....................................................... $4.56 Admired Companies. The company was named tops in its industry Adjusted Earnings Per Share (assuming dilution) ........................................ $4.57 for an unprecedented seventh Cash Flows from Operating Activities .................................................. $4.0 billion straight year. Only six other companies – Northwestern Mutual, Total Assets ......................................................................................$64.4 billion General Electric, Procter & Gamble, Total Generating Capacity ...................................................................42,179 MW Berkshire Hathaway, Walt Disney and Nestlé – have been named Employees (year end) ................................................................................ 14,800
    [Show full text]
  • Presentation Title Information
    February 2019 Investor Presentation Cautionary Statements And Risk Factors That May Affect Future Results This presentation includes forward-looking statements within the meaning of the federal securities laws. Actual results could differ materially from such forward-looking statements. The factors that could cause actual results to differ are discussed in the Appendix herein and in NextEra Energy’s and NextEra Energy Partners’ SEC filings. Non-GAAP Financial Information This presentation refers to certain financial measures that were not prepared in accordance with U.S. generally accepted accounting principles. Reconciliations of historical non-GAAP financial measures to the most directly comparable GAAP financial measures can be found in the Appendix herein. 2 NextEra Energy is comprised of two strong businesses supported by a common platform • ~$83 B market capitalization(1) • ~47 GW in operation(2) • ~$104 B in total assets(3) • The largest electric utility • The world leader in in the United States by electricity generated retail MWh sales from the wind and sun Engineering & Construction Supply Chain Nuclear Generation Non-Nuclear Generation 1) As of January 25, 2019; Source: FactSet 2) Megawatts shown includes assets operated by Energy Resources owned by NextEra Energy Partners as of December 31, 2018 3 3) As of December 31, 2018 We have established a target to reduce our carbon emissions rate by more than 65% by 2021, off a 2001 base Creating a Sustainable Energy Future for America Investing in our Team Respecting the Environment & Sustaining Communities(2) 2,500 (1) CO2 Emissions Rate 1.1 MM Hours of employee training 2,000 Improved safety performance since 2008 Lbs NextEra 61% Per 1,500 MWh Energy ~$100 B Capital invested since 2001 1,000 $600 MM Property taxes paid to support local communities 500 88,000 Employee volunteer hours Top 50 Power Producers in U.S.
    [Show full text]