NextEra Energy Inc

NEE: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$78.00	Bsdkz	Bgdjdyffl

NextEra Energy: Florida City Gas Sale Improves NextEra's Sustainability Profile

Andrew Bischof

Sep 27, 2023

We are maintaining our $82 per share NextEra Energy fair value estimate after its Florida Power and Light, or FPL, subsidiary announced an agreement to sell its Florida City Gas, or FGC, subsidiary to Chesapeake Utilities Corporation for $923 million. Our narrow moat remains unchanged.

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