in News Departments > FYI
print the content item

NextEra Energy is on track to add about 1.5 GW of wind energy to its portfolio this year, the company said in its third-quarter earnings announcement.

NextEra reported a third-quarter net income on a generally accepted accounting principles basis of $415 million, or $0.98 per share, compared with $407 million, or $0.97 per share, in the third quarter of 2011.

On an adjusted basis, NextEra Energy's earnings were $532 million, or $1.26 per share, compared with $551 million, or $1.31 per share, in the third quarter of 2011.

According to NextEra Energy President and CEO Jim Robo, subsidiary NextEra Energy Resources is working on its largest-ever backlog of renewable energy projects.

“At NextEra Energy Resources, we expect to add approximately 1,500 MW of new U.S. wind generation this year as we continue work on a record backlog of contracted renewables projects,” he notes.


Mortenson Construction_id2024

Trachte Inc._id1770
Latest Top Stories

Canadian Wind Industry Urges For More Federal Support

The Canadian Wind Energy Association says the country's federal government, once a big industry supporter, should again back wind power.


Wind And Solar Helped California Grid During Challenging Summer

According to the California Independent System Operator, the state suffered from heat waves and drought this year, and wind power played a "significant role" in keeping the lights on.


Recapping The Wind Industry's Third-Quarter Deals

Mercom Capital Group recaps investment and merger and acquisition activity during July, August and September.


Yearly Installed Capacity Figures Already Beat 2013 Numbers, More Wind On The Way: AWEA

While the American Wind Energy Association (AWEA) lobbies Congress to extend the production tax credit, the association notes wind projects now under construction signal a vibrant 2015.


Yahoo Inks Contract To Buy Kansas Wind Power

The Internet company plans to log in to the Alexander wind project, which is being built by community developer OwnEnergy.

Renewable NRG_id1934
BG 2015DblBox_id2032
Canwea_id1984
Hybrid Energy Innovations 2015