NextEra Energy Resources

This Veterans Day, we proudly recognize the more than 2,000 veterans who are part of our team at NextEra Energy, Inc. Their service, dedication and leadership strengthen our organization every day. Just recently, we received the 2024 HIRE Vets Platinum Medallion award from the U.S. Department of Labor for the sixth year in a row. This highlights our ongoing efforts to provide meaningful career opportunities and support for our veterans as they transition from military service to civilian careers. Thank you to our NextEra Energy veterans for their contributions to our country, our company and our customers. #VeteransDay #HIREVets #NextEraEnergy

This morning, we shared our Q3 financial results with investors. I’m proud of the team for their dedication and adding roughly 3 gigawatts (GW) to our backlog for the second quarter in a row. Our customers continue to recognize and value the unique capabilities we bring to the table. This quarter, we announced framework agreements with two Fortune 50 companies for the potential development of renewable and storage projects totaling up to 10.5 GW through 2030. These relationships underscore the growing demand for renewable energy solutions, and we’re proud to support our customers in meeting their goals by offering comprehensive, innovative systems solutions. https://spr.ly/6040qIX8M

The Babbitt Ranch Energy Center, located in Coconino County, AZ, is a great example of how collaboration can transform our industry. We are thrilled to work with Salt River Project, Arizona State Government Land Department and Babbitt Ranches to bring 161 MW of new clean energy to the area. We are pleased to be involved in this incredible project, which is critical to meeting the growing energy demand in Arizona and our nation. We look forward to delivering affordable, homegrown energy for years to come.

NextEra Energy Resources recently celebrated the commissioning of Riverview Energy Systems, LLC, a joint venture with DTE Vantage. The project captures the biogas created in the Riverview Land Preserve and transforms it into pipeline quality renewable natural gas. Thanks to everyone who made this project a success!

Annual events such as #ClimateWeekNYC are great opportunities to take a step back and reflect on what has changed since we last met. This year, the biggest shift is the surge in power sector demand, presenting both opportunities and challenges for the energy transition. Rising demand driven by AI, industrial electrification and reshored manufacturing makes scaling renewables, storage and low- or no-carbon capacity more urgent than ever. We also need to rethink our grid infrastructure to support these changes. The urgency is clear - we must accelerate our progress. Reflecting on #ClimateWeekNYC, my final session of the week was at The Wall Street Journal, where I joined a conversation moderated by Willem Marx with Kate Brandt, Olivia Wassenaar and Daniel Hanna. Here are my key takeaways: ? The time to act is now. Renewables are not just part of the solution—they are crucial to meeting growing energy demand. ?? We need innovation and a collective systems approach, involving stakeholders across the power sector, government, finance and commercial entities, to address these challenges effectively. ?? Significant capital investment is required. NextEra Energy Resources plans to invest roughly $70 billion in clean energy infrastructure such as renewable energy, storage and transmission in the next four years alone, but broader collaboration is essential. Conversations at forums like #ClimateWeekNYC are just the beginning; progress depends on the actions we take afterward. Let’s work together to accelerate change and create lasting impact. #EnergyTransition #RenewableEnergy #InnovateforImpact

Meeting the energy demand will be a monumental undertaking, requiring immense levels of investment, which underscores the scale and necessity of the transformation underway. Our latest blog explores the strategies and investments needed to advance a resilient energy transition. Key takeaways include: >> A growing number of companies are balancing dual energy goals: securing the energy needed to grow and scale operations while at the same time achieving ambitious carbon reduction targets within aggressive timeframes. >> All sectors of the economy will need to make critical investments to develop and implement scalable, cost-efficient solutions, expand access to renewables and make the needed grid enhancements. >> The urgency of expanding and diversifying resources available on the grid is growing and mobilizing the financing for these initiatives will be a leading priority for many in the decades ahead. Read the full article: https://spr.ly/6043UJFLU