NextEra Energy (NEE) disclosed Monday it raised guidance for adjusted earnings for the current year and next year, as the company benefits from a surge in power demand driven by data centers.
According to a new 8-K filing alongside its 2025 investor conference in New York, NextEra (NEE) updated its adjusted earnings expectations by tightening the 2025 range to the high end, now forecasting adjusted earnings of $3.62-$3.70/share compared with prior guidance of $3.45-$3.70, raised its 2026 adjusted EPS range to $3.92-$4.02 from its prior outlook of $3.63-$4.00, and said it is targeting long-term adjusted EPS growth of at least 8% through 2035, based on the expected 2025 range.
NextEra (NEE) also said it continues to expect ~10% dividends per share growth annually through 2026, off a 2024 base, and expects ~6% dividends per share growth annually for 2027 and 2028, off a 2026 base.
Separately, NextEra’s (NEE) said its infrastructure arm said it agreed to acquire Symmetry Energy Solutions from Energy Capital Partners, in an effort to expand its natural gas capabilities in the U.S. and help meet the boom in AI power demand.
Financial terms were not disclosed, but Bloomberg reported a month ago that NextEra (NEE) was in talks to acquire the closely-held gas retail platform for ~$800 million.
Symmetry is one of the leading suppliers of competitive natural gas in the U.S., serving ~5,500 large commercial and industrial customers and 80,000 residential and small customers across 34 states.