NRC Authorizes NextEra Energy's Point Beach Nuclear Plant to Operate for Another 20 Years

NRC Authorizes NextEra Energy's Point Beach Nuclear Plant to Operate for Another 20 Years

The U.S. Nuclear Regulatory Commission (NRC) has approved subsequent license renewal for Point Beach Nuclear Plant Units 1 and 2, extending operations through 2050 and 2053, respectively. Following a rigorous multi-year application process, this milestone approval ensures Wisconsin's only remaining nuclear plant will continue to power the state for the next three decades.

"This approval ensures that Wisconsin's only nuclear plant will continue to provide safe, reliable, low-cost energy for generations to come," said Brian Bolster , NextEra Energy Resources president and chief executive officer. "We are proud that Point Beach will remain an integral part of Wisconsin's energy future and a vital contributor to the state and local economies."

Powering Wisconsin with Reliable, Low-Cost, American Energy
Since beginning commercial operations in 1970 (Unit 1) and 1973 (Unit 2), Point Beach has been a cornerstone of Wisconsin's energy infrastructure. The facility:

  • Generates enough electricity to power nearly 1 million homes and businesses.
  • Supplies approximately 14% of Wisconsin's total electricity.
  • Maintains grid stability.
  • Operates on a 1,200-acre site along Lake Michigan .

"This approval represents the culmination of rigorous efforts to meet and exceed regulatory expectations," said Thad Edmonds , Point Beach Site Vice President. "Our team demonstrated exceptional dedication and expertise throughout the application process, ensuring Point Beach will continue its vital role in supplying reliable electricity to Wisconsin ."

Economic Engine for Local Communities
Point Beach serves as a significant economic driver for the region, providing:

  • Approximately 400 permanent, high-paying jobs.
  • More than $80,000 in annual community donations.
  • Active employee engagement in local schools, youth sports and government.
  • Plant employees are deeply rooted in the community, serving as coaches, volunteers and civic leaders. The company also "adopts" families during the holidays, providing hundreds of gifts to those in need.

Expanding Nuclear Leadership
Point Beach joins NextEra Energy's growing portfolio of license-renewed nuclear facilities. Turkey Point Nuclear Power Plant, operated by sister company Florida Power & Light, recently received subsequent license renewal approval, while FPL's St. Lucie Nuclear Power Plant is currently undergoing the renewal process—demonstrating NextEra Energy's commitment to American nuclear power.

About NextEra Energy
NextEra Energy, Inc. (NYSE: NEE) is one of the largest electric power and energy infrastructure companies in North America and is a leading provider of electricity to American homes and businesses. Headquartered in Juno Beach, Florida , NextEra Energy is a Fortune 200 company that owns Florida Power & Light Company, America's largest electric utility, which provides reliable electricity to approximately 12 million people across Florida. NextEra Energy also owns one of the largest energy infrastructure development companies in the U.S., NextEra Energy Resources, LLC. NextEra Energy and its affiliated entities are meeting America's growing energy needs with a diverse mix of energy sources, including natural gas, nuclear, renewable energy and battery storage. For more information about NextEra Energy companies, visit these websites: www.NextEraEnergy.com , www.FPL.com , www.NextEraEnergyResources.com .

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SOURCE NextEra Energy

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NextEra Energy Inc.

NextEra Energy Inc.

NextEra Energy's regulated utility, Florida Power & Light, distributes power to more than 5 million customers in Florida. FP&L contributes more than 60% of the group's operating earnings. The renewable energy segment generates and sells power throughout the United States and Canada. Consolidated generation capacity totals more than 50 gigawatts and includes natural gas, nuclear, wind, and solar assets.

Entergy and NextEra Energy Resources announce agreement to develop up to 4.5 GW of new solar and energy storage projects

Entergy and NextEra Energy Resources announce agreement to develop up to 4.5 GW of new solar and energy storage projects

Entergy (NYSE: ETR) and NextEra Energy Resources LLC, a subsidiary of NextEra Energy Inc. (NYSE: NEE), today announced a joint development agreement that will accelerate the development of up to 4.5 gigawatts (GW) of new solar generation and energy storage projects. The agreement represents significant progress toward Entergy's growing portfolio of renewable generation.

"We're excited about this joint development agreement, which will enable Entergy to provide our customers with low-cost, renewable energy as demand grows across Arkansas , Louisiana , Mississippi and Texas ," said Rod West , group president of utility operations for Entergy.

"We believe the power sector is at an inflection point, and growing electricity demand will be met by low-cost, renewable generation and storage," said Rebecca Kujawa , president and chief executive officer of NextEra Energy Resources. "We're pleased to reach this agreement because it further strengthens our long-standing collaboration and adds up to 4.5 GW on top of the more than 1.7 GW of renewable energy projects already underway with Entergy."

The five-year joint development agreement is expected to facilitate the development and construction of new solar generation and energy storage projects.

About Entergy
Entergy (NYSE: ETR) is a Fortune 500 company that powers life for 3 million customers through our operating companies in Arkansas , Louisiana , Mississippi and Texas . We're investing in the reliability and resilience of the energy system while helping our region transition to cleaner, more efficient energy solutions. With roots in our communities for more than 100 years, Entergy is a nationally recognized leader in sustainability and corporate citizenship. Since 2018, we have delivered more than $100 million in economic benefits each year to local communities through philanthropy, volunteerism and advocacy. Entergy is headquartered in New Orleans, Louisiana , and has approximately 12,000 employees. Learn more at entergy.com and connect with @Entergy on social media. #WePowerLife

About NextEra Energy Resources
NextEra Energy Resources LLC (together with its affiliated entities, "NextEra Energy Resources") is a clean energy leader and is one of the largest wholesale generators of electric power in the U.S., with approximately 30,600 megawatts of total net generating capacity, primarily in 41 states and Canada as of year-end 2023. NextEra Energy Resources is the world's largest generator of renewable energy from the wind and sun, and a world leader in battery storage. The business operates clean, emissions-free nuclear power generation facilities in New Hampshire and Wisconsin as part of the NextEra Energy nuclear fleet. NextEra Energy Resources offers a wide range of clean energy solutions to help businesses and customers across the country meet their emissions reduction goals. NextEra Energy Resources LLC is a subsidiary of Juno Beach, Florida -based NextEra Energy Inc. (NYSE: NEE). For more information, visit: www.NextEraEnergyResources.com .

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SOURCE NextEra Energy Resources, LLC

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NextEra Energy to host investor conference on June 11

NextEra Energy to host investor conference on June 11

NextEra Energy, Inc. (NYSE: NEE) will host an investor conference from 8:30 a.m. to 12:30 p.m. ET on Tuesday June 11 in New York City . Members of NextEra Energy's senior executive management team plan to discuss, among other topics, long-term growth rate expectations for NextEra Energy. Beginning at 8:15 a.m. ET investors and other interested parties will be able to access the presentation materials at www.NextEraEnergy.com . A live audio webcast will be available at www.NextEraEnergy.com beginning at 8:30 a.m. ET . For those unable to listen to the live webcast, a replay will be available for 30 days by accessing the same link as listed above.

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NextEra Energy board declares quarterly dividend

NextEra Energy board declares quarterly dividend

The board of directors of NextEra Energy, Inc. (NYSE: NEE) declared a regular quarterly common stock dividend of $0.515 per share. The dividend is payable on June 17, 2024 to shareholders of record on June 3, 2024 .

NextEra Energy, Inc.
NextEra Energy, Inc. (NYSE: NEE) is a leading clean energy company headquartered in Juno Beach, Florida . NextEra Energy owns Florida Power & Light Company, which is America's largest electric utility that sells more power than any other utility, providing clean, affordable, reliable electricity to approximately 5.9 million customer accounts, or more than 12 million people across Florida. NextEra Energy also owns a competitive clean energy business, NextEra Energy Resources, LLC, which, together with its affiliated entities, is the world's largest generator of renewable energy from the wind and sun and a world leader in battery storage. Through its subsidiaries, NextEra Energy generates clean, emissions-free electricity from seven commercial nuclear power units in Florida , New Hampshire and Wisconsin . A Fortune 200 company, NextEra Energy has been recognized often by third parties for its efforts in sustainability, corporate responsibility, ethics and compliance, and diversity. For more information about NextEra Energy companies, visit these websites: www.NextEraEnergy.com , www.FPL.com , www.NextEraEnergyResources.com .

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SOURCE NextEra Energy, Inc.

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