NextEra Energy

Korea, US Back $22B Texas Gas-to-Data Center Project Star

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Korea, US Back $22B Texas Gas-to-Data Center Project Star

Dallas – October 01, 2026 -- The U.S. Department of Commerce and the Republic of Korea have selected Related Companies and NextEra Energy Resources, working with Lewis Energy Group, to build Project Star, a $22-billion-plus energy campus in Encinal, Texas, delivering 6.47 gigawatts (GW) of natural gas-fired generation.

Gas plant will directly power a 5 GW data center campus next door

At full scale, the generation facility will supply a privately funded 5 GW data center campus under development by Related Digital on an adjacent site, with surplus capacity fed back into the grid. The structure aligns with Texas Governor Greg Abbott's mandate that data center developers bring their own generation onto the ERCOT system rather than draw solely on existing utility supply.

NextEra Reaffirms 8%+ EPS Growth, Targets High End of 2026 Guidance

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NextEra Reaffirms 8%+ EPS Growth, Targets High End of 2026 Guidance

Juno Beach, Fla. – September 17, 2026 -- NextEra Energy said it is targeting the high end of its 2026 adjusted earnings per share guidance range of $3.92 to $4.02, as senior executives prepare to meet investors through early October to detail growth prospects tied to its pending combination with Dominion Energy.

NextEra confirms 8%+ annual EPS growth through 2032 off a $3.71 base

The Juno Beach, Florida-based utility holding company reaffirmed a compound annual growth rate of 8%+ in adjusted earnings per share through 2032, using 2025 adjusted EPS of $3.71 as the baseline. NextEra said it is targeting the same 8%+ growth rate for the 2032-to-2035 period.

Dividend growth set at roughly 10% through 2026, then 6% through 2028

NextEra reiterated plans to grow dividends per share at approximately 10% annually through 2026, calculated off a 2024 base, before slowing to 6% per year from year-end 2026 through 2028.

NextEra, DOE Close $1.9B Loan to Restart Iowa Nuclear Plant

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NextEra, DOE Close $1.9B Loan to Restart Iowa Nuclear Plant

Juno Beach, Fla. – September 11, 2026 -- NextEra Energy, Inc. (NYSE: NEE) and the U.S. Department of Energy's Office of Energy Dominance Financing have reached financial close on a loan of up to $1.9 billion to restart the Duane Arnold Energy Center, Iowa's only nuclear plant.

Loan closes conditional financing for 615-megawatt Linn County reactor

The Duane Arnold facility, which operated for more than four decades before shutting down in 2020, is targeted for restart no later than the first quarter of 2029, pending regulatory approvals. NextEra first announced restart plans in October 2025.