The utility’s adjusted earnings per share increased by 8.7% over last year and an impressive 43% high-end total return.
NextEra, which operates several utilities including Florida Power & Light and Gulf Power, reported full-year total earnings of $4.06 billion last year, or around $8.37 per share. The utility, which has invested heavily in expanding renewable energy resources, reported profits from its utility holdings as well as its energy resources. NextEra’s renewable energy and gas pipeline business contributed $1.7 billion to the company’s revenues last year.