Nextera Energy Inc

Failure to meet surging energy demand will jeopardize economic growth, utility execs warn

by

The sun sets behind power lines near homes during a heat wave in Los Angeles, Sept. 6, 2022. Patrick T. Fallon | Afp | Getty Images The largest utility companies in the U.S. are warning that the nation is facing a surge of electricity demand unlike anything seen in decades, and failure to rapidly increase … Read more

Hot utility stock NextEra falls nearly 5% after announcing plan to sell $2 billion in equity units

by

Budrul Chukrut | Lightrocket | Getty Images NextEra Energy stock fell nearly 5% in early trading Tuesday after announcing a plan to sell $2 billion in equity units to finance power projects as electricity demand rises and to pay back debt. The Florida-based power company, which operates the largest portfolio of renewable energy in the … Read more