NextEra Energy Partners(NEP) - 2019 Q3 - Earnings Call Presentation

NextEra Energy (NEE) Third Quarter 2019 Highlights - NEE's adjusted EPS grew by approximately 10% year-over-year[7] - Energy Resources added approximately 1,375 MW to renewables backlog, including nearly 350 MW of battery storage projects[7] - FPL's customer bills remain nearly 30% below the national average and the lowest among all the Florida IOUs[7] - FPL's earnings per share increased 3 cents from the prior-year comparable quarter, reaching $1.40 in 2019 from $1.37 in 2018[8] - Gulf Power contributed adjusted EPS of 16 cents before accounting for financing costs reflected at Corporate & Other Results[13] Energy Resources Third Quarter 2019 Results - Energy Resources' adjusted EPS increased approximately 19% from the prior-year comparable quarter[29] - Energy Resources' adjusted EPS was $0.87 in 2019 compared to $0.73 in 2018[30] - Energy Resources added 1,373 MW to renewables backlog[35] NextEra Energy Partners (NEP) Third Quarter 2019 Highlights - NEP achieved adjusted EBITDA and CAFD growth of 55% and 81%, respectively[41] - Excluding all contributions from the Desert Sunlight projects, CAFD increased 54%[41] - NEP Board declared a quarterly distribution of $0.5175 per common unit, up 15% from prior-year comparable period[41] - NEP expects to yield a double digit return to NEP LP unitholders and generate a CAFD yield of approximately 14% from Meade Pipeline Company acquisition[41]