Tesla just announced a big shift in its business direction that could change the company forever.There are many reasons to dislike Tesla (TSLA +3.47%). However, it is hard to deny that the company is highly innovative, as it essentially created the modern electric vehicle (EV) market. But the big reason to buy the stock right now may have nothing to do with EVs. Here are some things to think about before you buy Tesla stock.A controversial CEO and an expensive stockElon Musk, Tesla's visionary CEO, is a pol ...

Financial Data and Key Metrics Changes - The company reported adjusted earnings of $5.27 per share for 2025, an increase of $0.39 per share compared to 2024 adjusted earnings [3][15] - Weather positively impacted utility earnings by approximately $0.35 relative to last year, with a favorable impact of $0.10 in 2025 compared to a $0.25 unfavorable impact in 2024 [15][16] - The company expects long-term earnings per share growth of 7%-8% annually from 2026 to 2030, with acceleration to the upper half of the range starting in 2028 [9][22] Business Line Data and Key Metrics Changes - Adjusted earnings from utility operations increased by $0.63 in 2025 compared to 2024, driven by rate-based growth and weather impacts [15] - Earnings from the American Transmission Company increased by $0.02 due to continued capital investment [17] - The energy infrastructure segment saw a $0.10 increase in earnings from higher production tax credits associated with solar generation projects [17] Market Data and Key Metrics Changes - Retail electric deliveries in Wisconsin increased by 1.1% year-over-year, with projections for 2026 indicating a growth of 1.6% from 2025 levels [16] - The company is projecting a total of 3.9 gigawatts of electric demand growth in its five-year plan, driven by expansions from Microsoft and Vantage Data Centers [8][21] Company Strategy and Development Direction - The company is focused on executing a $37.5 billion capital plan over the next five years to meet growing energy needs [9][10] - Investments include $7.4 billion in natural gas generation and LNG storage, and $12.6 billion in renewable energy projects [10] - The company aims to maintain a reliable generation mix while expanding its renewable energy capacity [9] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ability to execute the capital plan and continue growth, citing strong economic growth in the region [4][22] - The company is addressing regulatory matters, including a proposed settlement in Illinois that would resolve several pending cases [12][20] - Management highlighted the importance of transparency and community engagement in attracting new customers, particularly in the data center sector [43] Other Important Information - The board increased the dividend by 6.7% to an annualized $3.81 per share, marking the 23rd consecutive year of dividend increases [20] - The company plans to issue between $900 million and $1.1 billion of common equity in 2026 [19] Q&A Session Summary Question: Can you elaborate on the 500 megawatts related to Microsoft and the additional capital expenditures? - Management indicated that Microsoft is expanding its data center operations, which is expected to add 500 MW of customer demand and $1 billion to the capital plan [24][25] Question: Are there other hyperscaler customers showing interest? - Management confirmed ongoing discussions with other potential customers and emphasized the importance of transparency in addressing community concerns [41][43] Question: What is the status of the very large customer tariff and general rate case? - Management stated that the tariff is undergoing a thorough vetting process and that the general rate case filing is on track for April [55][56] Question: How will the Microsoft ramp impact customer rates? - Management noted that as data center activity increases, it could lead to a reduction in the burden on other customers, but quantifying this impact will take time [74][90] Question: What are the plans for replacing the Point Beach PPA? - Management indicated that they are evaluating options for replacement generation and are confident in their ability to meet future energy needs [80][81]

Melbourne, Australia, London, UK, and New York, NY, Feb. 02, 2026 (GLOBE NEWSWIRE) -- Revera Energy ("Revera"), the independent energy infrastructure platform backed by Carlyle, today announced the successful completion of an expanded US$150 million credit facility (A$222mm / £111mm). The enhanced financing capacity will accelerate the development and construction of Revera's substantial pipeline of late-stage battery storage, solar, and green hydrogen projects across Australia's National Energy Market (“NE ...

Core Viewpoint - Brookfield Renewable is positioned for strong total return potential, driven by robust financial performance and growth prospects in the renewable energy sector [1][10]. Financial Performance - In the previous year, Brookfield Renewable generated $1.3 billion in funds from operations (FFO), equating to $2.01 per share, marking a 10% increase from 2024 [3]. - The legacy hydroelectric business contributed $607 million in FFO, a 19% year-over-year increase, supported by higher revenues and stronger generation in Canada and Colombia [4]. - The distributed energy, storage, and sustainable solutions platform generated $614 million in FFO, reflecting a nearly 90% year-over-year increase, aided by acquisitions and a resurgence in nuclear power demand [6]. Growth Drivers - The company expects to achieve over 10% annual FFO per share growth through at least 2030, which will support continued dividend growth of 5% to 9% annually [8]. - Brookfield delivered a record 8 gigawatts (GW) of new clean energy capacity last year, a 20% increase from the prior year, with plans to reach 10 GW of annual capacity additions by 2027 [9]. - The company signed a deal to supply Google with up to 3 GW of hydropower and is pursuing the development of over 1 GW of battery storage capacity [9]. Strategic Positioning - Brookfield is strategically positioned to capitalize on multi-decade trends such as reindustrialization, electrification, and data center expansion, which will drive demand for clean power [7]. - The company has a strong track record of delivering at least 5% annual dividend increases since its public market listing in 2011, with a planned 5% increase for 2026 [8][10].

Financial Data and Key Metrics Changes - The company delivered $2.01 of FFO per unit, up 10% year-over-year, aligning with long-term growth targets [3][14] - In Q4, FFO was $346 million, up 14% year-over-year, or $0.51 per unit [14] - The company ended 2025 with $4.6 billion in available liquidity, maintaining a BBB+ investment-grade credit rating [16][17] Business Line Data and Key Metrics Changes - The hydroelectric segment generated FFO of $607 million, up 19% from the prior year, benefiting from solid generation in Canada and Colombia [15] - The wind and solar segments combined generated $648 million of FFO, supported by acquisitions and investments, though offset by prior year gains [15] - Distributed energy storage and sustainable solutions segments achieved record results of $614 million, up almost 90% from the prior year [16] Market Data and Key Metrics Changes - The energy demand is rising significantly, driven by electrification and industrial activity, with a shift from energy transition to energy addition [5][6] - The company is positioned to capitalize on the growing demand for reliable baseload power through hydro and nuclear assets [7][8] Company Strategy and Development Direction - The company is focusing on scaling development of low-cost, fast-to-market solar and onshore wind to meet accelerating power demand [7] - Investments in battery technology are expected to quadruple storage capacity to over 10 gigawatts in the next three years [11] - The company aims to maintain a disciplined approach to capital allocation while pursuing growth opportunities in hydro, nuclear, and battery storage [23] Management's Comments on Operating Environment and Future Outlook - Management highlighted the strategic priority of power globally, with a need for substantial new generation capacity [5] - The company sees a constructive environment for M&A and growth deployment, anticipating a period of attractive opportunities [49] - The scarcity value of hydroelectric power is at an all-time high, with strong demand for long-term contracts [38] Other Important Information - The company executed over $37 billion in financings in 2025, a record for the franchise [17] - The capital recycling program generated record proceeds of $4.5 billion, or $1.3 billion net to BEP [20] - An increase of over 5% in annual distribution to $1.468 per unit was announced, marking 15 consecutive years of growth [23] Q&A Session Summary Question: Update on Microsoft Framework Agreement and capacity cadence - Management noted that demand from corporates, including Microsoft, is at an all-time high, with expected growth in capacity from 2026 onwards [25][26] Question: Commentary on liquidity position and ratios - Management expressed comfort with maintaining liquidity around the $4 billion mark, complementing growth with capital recycling [27][28][29] Question: Headwinds in U.S. permitting for onshore wind and solar - Management indicated no slowdown in solar deployment, while acknowledging some permitting delays for onshore wind [34][35][36] Question: Realized hydro prices and future expectations - Management expects an increase in hydro prices due to high demand and new long-term contracts coming online [37][39] Question: Capital recycling and repeat customers - Management confirmed that capital recycling activities have become a consistent source of funding and earnings, with frameworks established for future sales [40][41][43] Question: Battery storage development and M&A opportunities - Management highlighted a strong organic development pipeline for batteries, with a focus on long-term contracts rather than merchant arbitrage [61][63] Question: Offshore wind opportunities - Management is evaluating offshore wind opportunities, particularly in Europe, while ensuring appropriate risk-return profiles [65][66] Question: Impact of PJM backstop auction on development - Management views the PJM auction as a reflection of energy demand, potentially facilitating new capacity additions, which is positive for the business [70][72]

Core Viewpoint - Hecate Energy Group LLC and EGH Acquisition Corp. are set to host an investor webinar on February 5, 2026, to discuss Hecate's operations and strategy, including a proposed transaction for Hecate to become publicly listed on Nasdaq [1][2]. Company Overview - Hecate Energy, based in Chicago, is a prominent U.S. developer of utility-scale energy parks with a diversified portfolio that includes solar, battery storage, wind, and thermal generation [3]. - Founded in 2012, Hecate has developed projects totaling five gigawatts (GW) to construction or operations and has sold over 12 GW of power plant and storage projects [3]. - The company has established over 50 power purchase agreements (PPAs) and similar contracts exceeding 6 GW of capacity with 24 counterparties, alongside projects selling through U.S. wholesale power markets [4]. Financial Highlights - Hecate has developed over five GW of projects currently under construction or in operation, representing investments exceeding $6 billion [4]. - The company has an active development pipeline of over 47 GW of power projects [4]. Business Combination Details - EGH Acquisition Corp. aims to merge with Hecate, focusing on the power market and energy transition sectors, targeting industries that require reliable and cost-effective power solutions [5]. - EGH plans to file a registration statement with the SEC regarding the business combination, which will include a preliminary proxy statement/prospectus [6].

Financial Data and Key Metrics Changes - NextEra Energy reported full-year adjusted earnings per share of $3.71, an increase of over 8% from 2024, slightly exceeding previous guidance [4] - The company expects to grow adjusted earnings per share at a compound annual growth rate of 8%+ through 2032 and maintain the same growth rate from 2032 to 2035, based on the 2025 earnings [4][33] - For the full year 2025, NextEra Energy's adjusted earnings per share from the corporate and other segment decreased by $0.12 year-over-year, primarily due to higher interest costs [32] Business Line Data and Key Metrics Changes - Florida Power & Light (FPL) reported earnings per share increased by $0.21 compared to 2024, driven by regulatory capital employed growth of approximately 8.1% [27] - FPL's capital expenditures for 2025 totaled approximately $8.9 billion, with a reported return on equity for regulatory purposes expected to be around 11.7% [27][28] - Energy Resources added approximately 13.5 GW to its backlog, including a record quarter of 3.6 GW, and placed 7.2 GW of projects into commercial operations, marking a record for a single year [13][31] Market Data and Key Metrics Changes - FPL's retail sales increased by 1.7% year-over-year on a weather-normalized basis, driven by strong customer growth, adding over 90,000 customers in the fourth quarter of 2025 [29] - Florida's economy is robust, with an annual gross domestic product of approximately $1.8 trillion, making it the 15th largest economy globally [29] Company Strategy and Development Direction - NextEra Energy is focused on executing its strategic plan with over 12 growth opportunities, emphasizing the need for more energy infrastructure in the U.S. [6] - FPL plans to invest between $90 billion and $100 billion through 2032 to support Florida's growth while keeping customer bills low [7] - The company is advancing its gas transmission business and has secured approximately $5 billion in new projects since 2023 [10][12] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to meet growing power demand and highlighted the importance of being a proven energy infrastructure builder [4][25] - The management team noted that the current economic environment presents significant opportunities for growth, particularly in renewable energy and battery storage [15][24] - The company is also leveraging artificial intelligence to enhance operations and improve grid reliability [24] Other Important Information - NextEra Energy has secured solar panels and battery storage to meet development expectations through 2029, providing a competitive advantage [14][15] - The company has a strong balance sheet and is well-positioned to support large-scale energy projects, particularly for hyperscalers [19][21] Q&A Session Summary Question: How does Google's acquisition of Intersect fit with NextEra's partnership with Google? - Management stated that the acquisition has no impact on their partnership, emphasizing NextEra's strong position and flexibility in energy development compared to smaller developers [36][39] Question: What are the gating items for large load agreements in Florida? - Management indicated that customers are waiting for legislative outcomes regarding water usage and other local requirements before moving forward with agreements [73][75] Question: What does success in 2026 look like for NextEra? - Management outlined that success would involve meeting development expectations and making significant announcements regarding large load projects in Florida [49][51]

NextEra Energy (NYSE:NEE) Q4 2025 Earnings call January 27, 2026 09:00 AM ET Speaker6Good morning, and welcome to the NextEra Energy, Inc. fourth quarter and full year 2025 earnings conference call. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press Star then one on a touch-tone phone. To withdraw y ...

Fourth Quarter and Full Year 2025 Earnings Conference Call See Appendix for definition of Adjusted Earnings, Adjusted EBITDA and Adjusted EBITDA by Asset Category expectations. 2 NextEra Energy had strong operational and financial performance at both FPL and Energy Resources in 2025 January 27, 2026 1 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 materi ...

Core Viewpoint - NextEra Energy, Inc. is recognized as a leading player in the renewable energy sector, particularly in clean energy agreements and partnerships with major tech companies like Meta Platforms [2][3]. Group 1: Company Overview - NextEra Energy operates the regulated Florida utility FPL and its energy infrastructure arm, NEER, focusing on wind, solar, and battery storage [4]. - The company is included in the list of the best AI energy stocks to buy now, indicating its strong market position [1]. Group 2: Financial Insights - Jefferies has slightly lowered its price target for NextEra Energy from $88 to $87 while maintaining a 'Hold' rating, citing valuation discipline rather than changes in fundamentals [2]. - Jefferies expresses confidence in the company's management to achieve over 8% EPS growth, with large data center-related power contracts identified as a key catalyst for stock performance in 2026 [2]. Group 3: Strategic Developments - NextEra Energy and Meta Platforms have finalized approximately 2.5 GW of clean energy agreements across 13 projects, which are expected to be operational between 2026 and 2028 [3]. - These agreements include power purchase agreements (PPAs) and energy storage agreements across various regions, reinforcing NextEra's role as a key partner for hyperscalers [3].