Nextera Energy, Inc. · NYSE:NEE
Nextera Energy — Investor Presentation (May 2026)
19 slides from Nextera Energy's investor presentation, May 2026
Slide 1: May Investor Presentation
May Investor Presentation NextEra Energy May 2026 NextEra Energy 1
Slide 2: Cautionary Statements and Risk Factors That May Affect Future Results
Cautionary Statements and Non-GAAP Financial Other Risk Factors That May Affect Information See Appendix for definition of Future Results This presentation refers to Adjusted Earnings. This presentation includes certain financial measures that forward-looking statements were not prepared in within t
Slide 3: NextEra Energy has the common platform, scale and experience to power America
NextEra Energy has the common platform, scale and experience to power America ~$317 B Enterprise Value1 ~81 GW in Operations2 Largest electric utility Largest energy infrastructure in the U.S. developer in the U.S. Supply Chain & Buying Power Customer Network Market Knowledge Operating Scale Artific
Slide 4: NextEra Energy's scale and experience across the entire energy value chain
NextEra Energy’s scale and experience across the entire energy value chain position us to lead amid accelerating demand and growing complexity America’s largest energy infrastructure Operates one of America’s largest developer nuclear fleets America’s leading transmission utility Owner and operator
Slide 5: Our world-class supply chain leverages our scale and expertise
Our world-class supply chain leverages our scale and expertise Secured initial gas turbine U.S. battery supply secured capacity with GE Vernova against expectations for 4 GWs of combined- through 2029 cycle gas plant capacity 1.5x Solar panel supply secured against expectations Purchased switchgears
Slide 6: More than 12 ways to grow over the next decade
We believe NextEra Energy is well-positioned to deliver strong growth over the next decade with more than 12 ways to grow Illustrative timeline of when we expect investments to drive earnings growth Key Growth Drivers 2025 2030 2035+ Florida Power & Light Now and long term Businesses Regulated FPL L
Slide 7: Florida Power & Light supports rapid growth with smart investments, high reliability and low customer bills
Florida Power & Light supports rapid growth with smart investments, high reliability and low customer bills FPL added ~100,000 customers from the prior-year period FPL plans to invest $90–$100 billion through 2032 FPL residential bills are ~20% lower than they were 20 years ago1, increasing ~2% annu
Slide 8: Energy Resources had a record quarter of new renewables and storage origination
Energy Resources had a record quarter of new renewables and storage origination Lone Star Transmission received ERCOT approval to build portions of two new transmission lines, which represents ~40% increase in Lone Star’s rate base Record quarter of origination, adding ~4.0 GW of renewables and stor
Slide 9: Our scale enables partnerships to serve growing power demand nationwide
Our scale enables partnerships to serve growing power demand nationwide Recent Announcements: Agreement with SRP1 to develop 3,000 MWs of new solar generation, enough capacity to power ~595,000 homes JDA with Xcel to jointly plan to deploy new generation, storage and transmission to support accelera
Slide 10: Energy Resources is executing against its data center hub strategy
Energy Resources is executing against its data center hub strategy with a pipeline of additional opportunities Large Load Base Case: 15 GW x 2035 ~30 Hub Pipeline Energy Resources’ Hub Pipeline >60 GW ~20 Hub Pipeline ~50 GW December 2025 April 2026 December 2025 April 2026 10
Slide 11: Data center hubs enable Energy Resources to capture large-load demand
Data center hubs enable Energy Resources to capture large-load demand Origination Channels Supporting Large Load Development Plan 2035 1 Direct-to-Hyperscalers 2032 4–8 GW Large Load Development Plan included within 2 Investor-Owned Utilities Development 72–99 GW Expectations 3 Co-ops/Munis Energy R
Slide 12: NextEra Energy Resources had a record quarter of new renewables and storage origination
NextEra Energy Resources had a record quarter of new renewables and storage origination, adding 4.0 GW to the backlog NextEra Energy Resources Development Program1 2026–2027 2026–2027 2028–2029 2028–2029 2030–2032 2030–2032 2026–2032 COD & Backlog Expectations Backlog Expectations Backlog Expectatio
Slide 13: Strong adjusted earnings per share growth expectations
NextEra Energy remains well positioned to continue our strong adjusted earnings per share growth NextEra Energy’s Financial Expectations1 Adjusted Earnings Per Share Expectations 2025-2035E Expect 8%+ CAGR through 2032 off 2025 8%+ Long-term adjusted EPS2 Target2 8%+ Long-term Expectations2 Targetin
Slide 14: Appendix
Appendix NeExTera’ ENERGY
Slide 15: Well positioned to navigate the current interest rate environment
NextEra Energy is well positioned to navigate the current interest rate environment Interest Rate Sensitivity Estimated Adjusted EPS Impact of +50 bps Interest Rate Increase1 2026 2027 2028 $0.00–($0.01) ($0.01)–($0.03) ($0.02)–($0.04) NextEra Energy’s notional interest rate hedges total nearly $38.
Slide 16: Reconciliation of GAAP Net Income to Adjusted Earnings
Reconciliation of GAAP Net Income to Adjusted Earnings Attributable to NextEra Energy, Inc. (Twelve Months Ended December 31, 2025) Energy Corporate NextEra (millions, except per share amounts) FPL Resources & Other Energy, Inc. Net Income (Loss) Attributable to NextEra Energy, Inc. $ 5,012 $ 2,975
Slide 17: Definitional information
Definitional information NextEra Energy, Inc. Adjusted Earnings Expectations (including subsidiaries as applicable) This presentation refers to adjusted earnings per share expectations. NextEra Energy does not provide a quantitative reconciliation of forward-looking adjusted earnings per share to ea
Slide 18: Cautionary Statement And Risk Factors That May Affect Future Results
Cautionary Statement And Risk Factors That May Affect Future Results This presentation contains “forward-looking statements, which are not a guarantee of future regulations, executive orders, interpretations or facilities on schedule or within budget; impact on statements” within the meaning of the
Slide 19: Cautionary Statement And Risk Factors That May Affect Future Results (cont.)
Cautionary Statement And Risk Factors That May Affect Future Results (cont.) coverage does not provide protection against all contracts or of requirement for NextEra Energy through the end of their respective operating timing of dividends payable on NextEra Energy's significant losses; a prolonged p