Research Update: NextEra Energy Inc. And Florida Power&Light Ratings Affirmed; Outlooks Stable - S&P Global Ratings’ Credit Research

Research Update: NextEra Energy Inc. And Florida Power&Light Ratings Affirmed; Outlooks Stable

Research Update: NextEra Energy Inc. And Florida Power&Light Ratings Affirmed; Outlooks Stable - S&P Global Ratings’ Credit Research
Research Update: NextEra Energy Inc. And Florida Power&Light Ratings Affirmed; Outlooks Stable
Published Jan 27, 2023
8 pages (3141 words) — Published Jan 27, 2023
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

NextEra Energy Inc. (NEE) indicated that it intends to respond to a pending complaint, seeking dismissal, filed with the Federal Election Commission (FEC) in fall 2022 in which a special interest group alleges certain violations of the Federal Election Campaign Act by various parties, including by implication NEE's regulated utility, Florida Power&Light Co. (FP&L). NEE also indicated that its independent internal investigation being conducted by a law firm has been substantially completed and believes that FP&L would not be found liable for any of the Florida campaign finance law violations alleged based on its investigation. As such, we affirmed all of our ratings on NEE, including our 'A-' issuer credit rating. We also affirmed all our ratings on

  
Brief Excerpt:

...- NextEra Energy Inc. (NEE) indicated that it intends to respond to a pending complaint, seeking dismissal, filed with the Federal Election Commission (FEC) in fall 2022 in which a special interest group alleges certain violations of the Federal Election Campaign Act by various parties, including by implication NEE's regulated utility, Florida Power & Light Co. (FP&L). - NEE also indicated that its independent internal investigation being conducted by a law firm has been substantially completed and believes that FP&L would not be found liable for any of the Florida campaign finance law violations alleged based on its investigation. - As such, we affirmed all of our ratings on NEE, including our 'A-' issuer credit rating. We also affirmed all our ratings on FP&L, including our 'A' issuer credit rating. In addition, our assessment of the companies' management and governance (M&G) as strong is unchanged. - The stable outlook incorporates our view that NEE will continue to remain focused on...

  
Report Type:

Research Update

Ticker
Issuer
GICS
Electric Utilities (55101010)
Sector
Global Issuers , Structured Finance
Country
Region
Format:
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Research Update: NextEra Energy Inc. And Florida Power&Light Ratings Affirmed; Outlooks Stable" Jan 27, 2023. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-NextEra-Energy-Inc-And-Florida-Power-Light-Ratings-Affirmed-Outlooks-Stable-2941654>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: NextEra Energy Inc. And Florida Power&Light Ratings Affirmed; Outlooks Stable Jan 27, 2023. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-NextEra-Energy-Inc-And-Florida-Power-Light-Ratings-Affirmed-Outlooks-Stable-2941654>
  
US$ 225.00
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