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NEXTera® ENERGY NextEra Energy , Inc. Media Line : 561-694-4442 April 21 , 2021 FOR IMMEDIATE RELEASE NextEra Energy reports first - quarter 2021 financial results • • • NextEra Energy delivers strong financial and operational results FPL's continued investments in the business to further advance its customer value proposition result in residential bills well below the national average and best - ever service reliability NextEra Energy Resources has excellent quarter of origination , adding approximately 1,750 megawatts of contracted renewables and storage to its backlog JUNO BEACH , Fla . - NextEra Energy , Inc. ( NYSE : NEE ) today reported 2021 first - quarter net income attributable to NextEra Energy on a GAAP basis of $ 1,666 million , or $ 0.84 per share , compared to $ 421 million , or $ 0.21 per share , for the first quarter of 2020. On an adjusted basis , NextEra Energy's 2021 first - quarter earnings were $ 1,330 million , or $ 0.67 per share , compared to $ 1,170 million , or $ 0.59 per share , in the first quarter of 2020. All share - based data has been adjusted to reflect NextEra Energy's Oct. 26 , 2020 , four - for - one stock split . Adjusted earnings for these periods exclude the effects of non - qualifying hedges ; NextEra Energy Partners , LP net investment gains ; gain on disposal of a business ; differential membership interests- related ; and change in unrealized gains and losses on equity securities held in NextEra Energy Resources ' nuclear decommissioning funds and other than temporary impairments ( OTTI ) . NextEra Energy's management uses adjusted earnings , which is a non - GAAP financial measure , internally for financial planning , analysis of performance , reporting of results to the board of directors and as an input in determining performance - based compensation under the company's employee incentive compensation plans . NextEra Energy also uses earnings expressed in this fashion when communicating its financial results and earnings outlook to analysts and investors . NextEra Energy's management believes that adjusted earnings provide a more meaningful representation of NextEra Energy's fundamental earnings power . A reconciliation of historical adjusted earnings to net income attributable to NextEra Energy , which is the most directly comparable GAAP measure , is included in the attachments to this news release . Effective Jan. 1 , 2021 , Gulf Power legally merged into Florida Power & Light Company . Gulf Power will continue as a separate reporting segment of Florida Power & Light and NextEra Energy through 2021 , serving its existing customers under separate retail rates . " FPL " refers to Florida Power & Light , excluding Gulf Power , unless otherwise noted or when using the term " combined . " " NextEra Energy delivered strong first - quarter results and remains well - positioned to meet our 2021 and longer - term growth prospects , " said Jim Robo , chairman and chief executive officer of NextEra Energy . " We grew adjusted earnings per share by nearly 14 % year - over - year , reflecting successful performance across all of the businesses . FPL continues to focus on delivering an outstanding value proposition of low 1