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NextEra Energy Resources on track to add 1,170 megawatts of wind in 2009 including its recently announced acquisition, which is pending
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Economic downturn continues to affect Florida Power & Light Company
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FPL Group revises adjusted earnings expectations from a range of $4.20 to $4.40 per share to a range of $4.10 to $4.20 per share for 2009 and from a range of $4.65 to $5.05 per share to a range of $4.25 to $4.85 per share for 2010
JUNO BEACH, Fla. – FPL Group, Inc. (NYSE: FPL) today reported 2009 third quarter net income on a GAAP basis of $533 million, or $1.31 per share, compared with $774 million, or $1.92 per share, in the third quarter of 2008. On an adjusted basis, FPL Group’s earnings per share were $562 million, or $1.38 per share, compared with $506 million, or $1.25 per share, in the third quarter of 2008. Adjusted earnings exclude the mark-to-market effects of non-qualifying hedges and net other than temporary impairments (OTTI) on certain investments, both of which relate to NextEra Energy Resources.
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