Next Era Energy, Inc. achieved net income of $847 million in Q3 2017, compared to $753 million in Q3 2016. The company’s principal rate-regulated electric utility subsidiary, Florida Power & Light Company (FPL), reported Q3 2017 net income of $566 million, compared to $515 million in the previous year. According to the financial report, FPL’s solar expansions and construction of eight 74.5 MW solar energy centers across FPL's service territory remains on track and on budget, and are anticipated to come online later this year and in early 2018.

Next Era Energy Resources, the competitive energy business of NextEra Energy, reported a Q3 2017 contribution to net income attributable to Next Era Energy of $292 million compared to $307 million in the prior-year comparable quarter. The business' results were primarily driven by contributions from new investments, reflecting continued growth in the contracted renewables portfolio. Over the past few months, the team added 760 MW of additional renewables projects to its backlog, including approximately 164 MW of new solar projects for delivery between 2018 and 2020 and a 30-MW battery storage project that will be paired with one of the solar power purchase agreements.

Next Era Energy is an energy company with consolidated revenues of approximately $16.2 billion, approximately 45,900 MW of generating capacity, and approximately 14,700 employees in 30 states and Canada as of year-end 2016. Through its subsidiaries, Next Era Energy generates electricity from renewables and eight commercial nuclear power units.