On the Record · NextEra Energy

NextEra Energy acquisitions, on the record

The businesses NextEra Energy bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

Business	Deal	When	Value
ownership interests in a portfolio of natural gas pipelines located in south Texas Word for word“In December 2023, NEP completed the sale of its ownership interests in a portfolio of natural gas pipelines located in south Texas.” 10-K for 2023	divestiture	December 2023	—
Florida City Gas business Word for word“In November 2023, FPL sold its ownership interests in its Florida City Gas business for cash proceeds of approximately $ 924 million.” 10-K for 2023	divestiture	November 2023	approximately $ 924 million
five wind generation facilities and three solar generation facilities to a NEP subsidiary Word for word“In June 2023, subsidiaries of NextEra Energy Resources sold to a NEP subsidiary their 100 % ownership interests in five wind generation facilities and three solar generation facilities located in geographically diverse locations throughout the U.S. with a total generating capacity of 688 MW for cash proceeds of approximately $ 566 million, plus working capital of $ 32 million.” 10-K for 2023	divestiture	June 2023	approximately $ 566 million, plus working capital of $ 32 million
portfolio of renewable energy projects from the owners of Energy Power Partners Fund I, L.P. and North American Sustainable Energy Fund, L.P., as well as the related service provider (RNG Acquisition) Word for word“On March 21, 2023, a wholly owned subsidiary of NextEra Energy Resources acquired a portfolio of renewable energy projects from the owners of Energy Power Partners Fund I, L.P. and North American Sustainable Energy Fund, L.P., as well as the related service provider (RNG Acquisition).” 10-K for 2023	acquisition	March 21, 2023	—
67% controlling ownership interest in a battery storage facility in California to a NEP subsidiary Word for word“In 2022, subsidiaries of NextEra Energy Resources sold to a NEP subsidiary a 67 % controlling ownership interest in a battery storage facility in California with storage capacity of 230 MW, for cash proceeds of approximately $ 191 million, plus working capital and other adjustments of $ 2 million.” 10-K for 2023	divestiture	2022	approximately $ 191 million, plus working capital and other adjustments of $ 2 million
GridLiance Holdco, LP and GridLiance GP, LLC (GridLiance) Word for word“The purchase price included approximately $ 502 million in cash consideration, and the assumption of approximately $ 175 million of debt, excluding post-closing adjustments.” 10-K for 2023	acquisition	—	approximately $ 502 million in cash consideration
Gulf Power Company Word for word“On January 1, 2021, FPL and Gulf Power Company merged, with FPL as the surviving entity.” 10-K for 2023	merger	On January 1, 2021	—
100% ownership interests in three wind generation facilities and one solar generation facility, and 33.3% noncontrolling ownership interests in four solar generation facilities and multiple distributed generation solar facilities, sold to a NEP subsidiary Word for word“In 2021, subsidiaries of NextEra Energy Resources sold to a NEP subsidiary their 100 % ownership interests in three wind generation facilities and one solar generation facility located in the West and Midwest regions of the U.S. with a total generating capacity of 467 MW and 33.3 % of the noncontrolling ownership interests in four solar generation facilities and multiple distributed generation solar facilities located in geographically diverse locations throughout the U.S. representing a total net ownership interest in plant capacity (net generating capacity) of 122 MW for cash proceeds of approximately $ 563 million, plus working capital and other adjustments of $ 22 million.” 10-K for 2023	divestiture	2021	approximately $ 563 million, plus working capital and other adjustments of $ 22 million
a portfolio of renewable energy projects from the owners of Energy Power Partners Fund I, L.P. and North American Sustainable Energy Fund, L.P., as well as the related service provider (RNG acquisition) Word for word“On March 21, 2023, a wholly owned subsidiary of NextEra Energy Resources acquired a portfolio of renewable energy projects from the owners of Energy Power Partners Fund I, L.P. and North American Sustainable Energy Fund, L.P., as well as the related service provider (RNG acquisition).” 10-K for 2024	acquisition	March 21, 2023	—
100% ownership interests in five wind generation facilities and three solar generation facilities sold to an XPLR subsidiary Word for word“In 2023, subsidiaries of NextEra Energy Resources sold to an XPLR subsidiary their 100 % ownership interests in five wind generation facilities and three solar generation facilities located in geographically diverse locations throughout the U.S. with a 79 Table of Contents NEXTERA ENERGY, INC. AND FLORIDA POWER & LIGHT COMPANY NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued) total generating capacity of 688 MW for cash proceeds of approximately $ 566 million, plus working capital of $ 32 million.” 10-K for 2024	divestiture	2023	approximately $ 566 million, plus working capital of $ 32 million
67 % controlling ownership interest in a battery storage facility in California sold to an XPLR subsidiary Word for word“In 2022, subsidiaries of NextEra Energy Resources sold to an XPLR subsidiary a 67 % controlling ownership interest in a battery storage facility in California with storage capacity of 230 MW, for cash proceeds of approximately $ 191 million, plus working capital and other adjustments of $ 2 million.” 10-K for 2024	divestiture	2022	approximately $ 191 million, plus working capital and other adjustments of $ 2 million
Florida City Gas Word for word“Disposal of Businesses – In 2023, FPL sold its ownership interests in its Florida City Gas business for cash proceeds of approximately $ 924 million.” 10-K for 2025	divestiture	2023	approximately $ 924 million
660 MW gas-fired peaking facility with dual fuel capability Word for word“In 2025, FPL received FERC approval for the acquisition of a 660 MW gas-fired peaking facility with dual fuel capability.” 10-K for 2025	agreed acquisition	—	—

Deal filings since 2016

2026-05-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-12-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-07-30 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2018-05-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-10-31 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-09-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-08-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement

Read from NextEra Energy’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-13. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.