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Battery storage is an important growth driver, NextEra CEO says, amid merger to create largest regulated utility in US
['William Norman']
Energy-Storage.News
Its renewable energy development subsidiary, NextEra Energy Resources, reported Q2 income of US$1.634 billion, up from US$983 million in Q2 2025.
NextEra Energy Resources added 3.6GW of new clean energy capacity to its backlog, 2GW of which were battery energy storage additions.
During the quarter, MISO selected NextEra Energy Transmission as part of a consortium to develop two large-scale 765kV transmission projects in Illinois.
“NextEra Energy delivered a strong second quarter, with adjusted earnings per share increasing by 9.5% year-over-year, reflecting continued operational and financial execution across both FPL and NextEra Energy Resources,” said Ketchum.
NextEra Energy expects to distribute proxy materials to shareholders in the near future, with both special shareholder meetings anticipated in early September.