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NextEra Reports Results From Customer Supply & Trading Business

January 26, 2024

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Copyright 2010-23 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com

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In reporting earnings, NextEra Energy said that its customer supply & trading business recorded Adjusted EBITDA of $1,029 million on favorable market opportunities and margin realization.

For the year, NextEra's customer supply and trading business increased results by 16 cents per share (about $328 million), primarily due to higher margins in the customer-facing businesses.

However, for the fourth quarter of 2023, the customer supply and trading business dragged by (0.02) per share

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