Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

NEXTERA ENERGY

(NEE)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Ontario Teachers' buys stake in U.S. renewable energy portfolio from NextEra Energy

11/30/2021 | 09:41am EST

TORONTOOntario Teachers' Pension Plan Board says it has signed a deal with a subsidiary of NextEra Energy Inc. to buy a 50 per cent stake in a portfolio of 13 wind, solar and energy storage assets in the U.S. for US$849 million.

The pension fund manager has also committed to buy at least a 25 per cent interest in a US$824-million convertible equity portfolio financing announced by NextEra Energy in October.

NextEra Energy manages and owns contracted clean energy projects.

Chris Ireland, managing director, greenfield and renewables at Ontario Teachers', says the investment marks the beginning of what is expected to be a long-term partnership with the company.

The deal is expected to close later this year or in early 2022, subject to customary closing conditions and regulatory approvals.

The pension fund manager committed earlier this year to having net-zero greenhouse gas emissions across its portfolio by 2050.

This report by The Canadian Press was first published Nov. 30, 2021.

© 2021 The Canadian Press. All rights reserved., source Canadian Press DataFile

All news about NEXTERA ENERGY
09:37aFPL wins Edison Electric Institute award for 2021 hurricane season assistance and recov..
AQ
01/20Guggenheim Adjusts NextEra Energy Price Target to $101 From $90, Maintains Buy Rating
MT
01/20JPMorgan Chase to use NextEra Energy Resources' Optos software platform to optimize ene..
PR
01/17Florida Power & Light announces first five schools to receive STEM classroom makeover g..
AQ
01/14NEXTERA ENERGY INC : Other Events, Financial Statements and Exhibits (form 8-K)
AQ
01/14FPL completes first project to replace overhead power lines with underground lines in N..
AQ
01/11NextEra Energy Partners, LP announces date for release of fourth-quarter and full-year ..
PR
01/07Today on Wall Street: Is it legit?
01/07ANALYST RECOMMANDATIONS : AT&T, BP Plc, Costco, Lyft, Starbucks...
01/06Morgan Stanley Adjusts Price Target on NextEra Energy to $91 From $84, Maintains Equalw..
MT
More news
Analyst Recommendations on NEXTERA ENERGY
More recommendations
Financials (USD)
Sales 2021 18 110 M - -
Net income 2021 3 458 M - -
Net Debt 2021 54 072 M - -
P/E ratio 2021 46,6x
Yield 2021 1,84%
Capitalization 164 B 164 B -
EV / Sales 2021 12,0x
EV / Sales 2022 10,4x
Nbr of Employees 14 900
Free-Float -
Chart NEXTERA ENERGY
Duration : Period :
NextEra Energy Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends NEXTERA ENERGY
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 21
Last Close Price 83,51 $
Average target price 94,31 $
Spread / Average Target 12,9%
EPS Revisions
Managers and Directors
James L. Robo Chairman, President & Chief Executive Officer
Rebecca Jones Kujawa Chief Financial Officer & Executive Vice President
W. Scott Seeley Secretary & Vice President-Compliance
James Lawrence Camaren Independent Director
Sherry S. Barrat Lead Independent Director
Sector and Competitors
1st jan.Capi. (M$)
NEXTERA ENERGY-10.55%163 858
ENEL S.P.A.-0.61%80 693
DUKE ENERGY CORPORATION-2.47%78 712
SOUTHERN COMPANY-0.36%71 939
IBERDROLA, S.A.-1.83%71 563
DOMINION ENERGY, INC.0.67%64 056