Investor Presentation
We believe our strong balance sheet and banking
relationships allow us to finance efficiently in both stable
economic environments and during periods of disruption
NextEra Energy Ratings (1)
Utility Credit Ratings (2)
S&P
Moody's
Fitch
60%
NextEra Energy
Issuer Credit Rating
A-
Baa1
A-
50%
Florida Power & Light
NextEra
LT Issuer Credit Rating
A
A1
A
40%
Energy
First Mortgage Bonds
A+
Aa2
AA-
30%
Senior Unsecured
A
A1
A+
Tax-Exempt Bonds
A-1
VMIG-1/P1
F1
20%
Commercial Paper
A-1
P-1
F1
Capital Holdings
10%
LT Issuer Credit Rating
A-
Baa1
A-
Senior Unsecured
BBB+
Baa1
A-
0%
Junior Subordinated
BBB
Baa2
BBB
A or
A-
BBB+ BBB BBB-
Non-IG
higher
Commercial Paper
A-2
P-2
F2
Regulated
Mostly Regulated
Our financial discipline and commitment to a strong balance sheet
are foundations for our success
NEXTera
ENERGY
1
27
2)
The outlook associated with each rating is 'stable'
Ratings based upon S&P's scale and sourced from EEI's Q3 2022 'Utility Credit Ratings Distribution'View entire presentation