FPL prepares for this year's hurricanes by dealing with a fake one [CBS News]
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Source: CBS News
Florida Power & Light is conducting its annual mock hurricane drill this week, simulating how it would respond if a struck the state and devastated the power grid. Hurricane Benito, with 135 mph winds, did not really hit on Wednesday, but it was imagined to be even stronger than real hurricanes Idalia and Ian, which seriously damaged portions of the state over the past two years. Ian was one of the worst disasters ever to strike Florida, killing 150 people as it hit the Gulf Coast near Fort Myers in 2022, leaving millions without power. If Benito were a real storm, it likely would cause worse damage, as its imaginary path took it over the state's most-populated area. FPL's territory covers almost Florida's entire Atlantic Coast, much of its Gulf Coast south of Tampa, and the far western Panhandle, where about 12 million people, or 55% of the population, reside. "Every day we don't have a storm is a day we are preparing for one," said Ed DeVarona, FPL's vice president of power d
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- Top Florida utility officials: Storm preparations more difficult, expensive [CBS News]CBS News
- Brokers Suggest Investing in NextEra (NEE): Read This Before Placing a Bet [Yahoo! Finance]Yahoo! Finance
- Is NextEra Energy Stock a Buy? [Yahoo! Finance]Yahoo! Finance
- New owner of Seminole Towne Center says mall makeover in the works: 'I will make this place run again' [Yahoo! Finance]Yahoo! Finance
- NextEra Energy, Inc. (NYSE: NEE) had its price target raised by analysts at Wells Fargo & Company from $85.00 to $95.00. They now have an "overweight" rating on the stock.MarketBeat
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Earnings
- 4/24/24 - Beat
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Sec Filings
- 5/17/24 - Form DEFA14A
- 5/16/24 - Form 4
- 5/8/24 - Form 4
- NEE's page on the SEC website