News Releases
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Nov 5, 2009
JUNO BEACH, Fla. – FPL Group Capital Inc today announced the sale of $200 million in principal amount of three-year floating rate debentures. The debentures will initially bear interest at the...
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Nov 3, 2009Typical residential customer to receive $44 credit on first bill of new year
JUNO BEACH, Fla. – Florida Power & Light Company customers will be getting a sizeable rebate on their first bills of 2010 with a one-time fuel charge credit approved by the Florida Public...
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Nov 2, 2009
JUNO BEACH, Fla. – For the sixth year in a row, Florida Power & Light Company has received the prestigious ServiceOne Award for exceptional customer service. Worldwide consulting firm PA...
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Oct 29, 2009With reliability above the national average, FPL is working to stop outages before they start
JUNO BEACH, Fla. – At the opening of Florida Power & Light Company’s DeSoto Next Generation Solar Energy Center – the largest solar photovoltaic power plant in the nation – President...
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Oct 27, 2009• NextEra Energy Resources on track to add 1,170 megawatts of wind in 2009 including its recently announced acquisition, which is pending • Economic downturn continues to affect Florida Power & Light Company • 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,...
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Oct 27, 2009
ARCADIA, Fla. – President Barack Obama joined FPL Group and Florida Power & Light Company officials today for the commissioning of the largest photovoltaic solar facility in the nation. At...
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Oct 22, 2009Keep costs down in cooler weather with these energy-efficient tips
JUNO BEACH, Fla. – Florida Power & Light Company is ranked No. 1 among electric utilities nationwide in energy efficiency, and we’re committed to helping customers manage the energy they use...
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Oct 16, 2009
JUNO BEACH, Fla. – FPL Group, Inc. (NYSE: FPL) today announced that William H. Swanson has been appointed to the company’s board of directors. Swanson, 60, is chairman and chief executive...
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Oct 15, 2009
BUNNELL, Fla. – In partnership with the City of Bunnell in Flagler County, Florida Power & Light Company today treated 50 local families to free Home Energy Makeovers, upgrading households to...
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Oct 8, 2009
JUNO BEACH, Fla. – Florida Power & Light Company, a subsidiary of FPL Group, Inc. (NYSE: FPL), today announced that it has agreed to a settlement with the Federal Energy Regulatory Commission...
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Oct 7, 2009
JUNO BEACH, Fla. – FPL Group, Inc. (NYSE: FPL) today announced that it plans to report third-quarter 2009 financial results in a news release to be issued before the opening of the New York...
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Oct 7, 2009The DeSoto Next Generation Solar Energy Center's 90,000 photovoltaic panels will energize Florida by end of October
JUNO BEACH, Fla. – Florida Power & Light Company announced today that it expects the DeSoto Next Generation Solar Energy Center in Arcadia, Fla., to begin delivering electricity to customers...
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Oct 6, 2009Commission’s change in course produces uncertain energy future for Florida
JUNO BEACH, Fla. – The state Public Service Commission’s decision today regarding the proposed Florida EnergySecure Line will have far-reaching consequences for customers by forcing a delay in...
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Oct 5, 2009Houston-based Florida Gas Transmission’s request for higher profits substantiates FPL’s proposal to build new, competing pipeline
JUNO BEACH, Fla. – A new request from Florida Gas Transmission – the Texas-based company opposing Florida Power & Light Company’s new pipeline proposal – to raise one of its two main...
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Oct 1, 2009Throughout October, FPL will highlight money-saving myth busters, online energy assistance for customers and improvements for stronger, smarter, cleaner system
JUNO BEACH, Fla. – In celebration of national Energy Awareness Month, Florida Power & Light Company launched a diverse educational campaign today to help customers learn more about the energy...
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Sep 24, 2009
NEW YORK – FPL Group, Inc. (NYSE:FPL) and Duke Energy (NYSE: DUK) today announced a commitment to transition their company cars and trucks to plug-in hybrid or all-electric vehicles. The...
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Sep 22, 2009
JUNO BEACH, Fla. – FPL Group’s commitment to acknowledging the risks of climate change and effectively reducing its greenhouse gas emissions was recognized today when the company was named to...
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Sep 9, 2009Company’s clean-energy leadership highlighted in latest Sustainability Report
JUNO BEACH, Fla. – After years of quietly building what has become the largest renewable energy business in the nation, FPL Group, Inc. (NYSE: FPL) has established itself as one of the...
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Sep 4, 2009
JUNO BEACH, Fla. – Armando Pimentel, Chief Financial Officer of FPL Group, Inc. (NYSE: FPL), will speak to investors and industry analysts at the 2009 Barclays Capital CEO Energy / Power...
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Sep 3, 2009
Juno Beach, Fla. – FPL Group, Inc. has been named to the 2009 Dow Jones Sustainability Index (DJSI) of the leading companies in North America for corporate sustainability. The DJSI North America...
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Aug 26, 2009
Armando Pimentel, chief financial officer of FPL Group, Inc. (NYSE: FPL), will speak to investors and industry analysts at the 2008 Lehman Brothers CEO Energy/Power Conference. The presentation is...
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Aug 20, 2009
JUNO BEACH, Fla. – Florida Power & Light Company today announced that it expects to reduce the typical 1,000 kilowatt-hour residential customer bill about $9 a month in 2010, subject to approval...
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Aug 4, 2009
JUNO BEACH, Fla. – Florida Power & Light Company today said its 2009 fuel bill is running about 6 percent less than originally estimated, which, if the trend continues through year end, would...
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Jul 28, 2009NOTE TO EDITORS: This news release reflects the earnings report of FPL Group, Inc. Reference to the corporation and its earnings or financial results should be to "FPL Group"
JUNO BEACH, Fla. – FPL Group, Inc. (NYSE: FPL) today reported 2009 second quarter net income on a GAAP basis of $370 million, or $0.91 per share, compared with $209 million, or $0.52 per share,...
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Jul 24, 2009
JUNO BEACH, Fla. – The board of directors of FPL Group, Inc. (NYSE: FPL) today declared a regular quarterly common stock dividend of 47.25 cents per share. The dividend is payable on Sept. 15,...
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Jul 20, 2009
JUNO BEACH, Fla., July 20, 2009 – Effective Aug. 17, 2009, Moray P. Dewhurst will rejoin FPL Group, Inc. (NYSE: FPL) as vice chairman and chief of staff, reporting to Lew Hay, FPL Group chairman...
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Jul 8, 2009
JUNO BEACH, Fla. - FPL Group, Inc. (NYSE: FPL) today announced that it plans to report second quarter 2009 financial results in a news release to be issued before the opening of the New York Stock...
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Jun 26, 2009
JUNO BEACH, Fla. – Lew Hay, chairman and CEO of FPL Group, the nation’s No. 1 producer of renewable energy from wind and solar power, issued the following statement today on passage of the...
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Jun 18, 2009Customers have already saved nearly $3 billion since 2002 as a result of investments in cleaner, more efficient power plants
JUNO BEACH, Fla. – Florida Power & Light Company’s investments in making its power plants among the cleanest and most efficient in the country have saved customers nearly $3 billion in fuel...
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Jun 1, 2009Agreement is an innovative way for local and state governments, corporations and consumers to participate in the construction of new renewable energy facilities in the United States
NEW YORK – EcoMedia, a leading environmental media company, and EarthEra™, an initiative of NextEra™ Energy Resources, the largest producer of wind and solar energy in North America, today...
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Jun 1, 2009Agreement is an innovative way for local and state governments, corporations and consumers to participate in the construction of new renewable energy facilities in the United States
NEW YORK – EcoMedia, a leading environmental media company, and EarthEra™, an initiative of NextEra™ Energy Resources, the largest producer of wind and solar energy in North America, today...
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May 27, 2009
CAPE CANAVERAL, Fla. – At Kennedy Space Center today, Sen. Bill Nelson and Reps. Suzanne Kosmas and Bill Posey joined officials from Florida Power & Light Company and NASA to celebrate the...
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May 22, 2009
Juno Beach, Fla. – Clean-energy investments are positioning FPL Group, Inc. (NYSE: FPL) for continued growth in a low-carbon future, FPL Group Chairman and CEO Lew Hay told shareholders at the...
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May 20, 2009
Juno Beach, Fla. — FPL Group, Inc. (NYSE: FPL) announced today that it has agreed to sell $350 million of equity units to Credit Suisse Securities (USA) LLC. FPL Group has granted Credit Suisse...
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May 19, 2009
Juno Beach, Fla. — Lew Hay, chairman and chief executive officer of FPL Group, Inc. (NYSE: FPL), will speak to investors and industry analysts at the 2009 Bernstein & Co. Strategic Decisions...
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May 18, 2009
JUNO BEACH, Fla. – Lew Hay, chairman and CEO of FPL Group, the nation’s No.1 producer of renewable energy from wind and solar power, issued the following statement today on the American Clean...
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May 18, 2009
Juno Beach, Fla. – NextEra Energy Resources, LLC, a subsidiary of FPL Group, Inc. (NYSE: FPL), announced today that its subsidiary Heartland Wind II, LLC, has obtained $343 million in financing...
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May 11, 2009
Juno Beach, Fla.— FPL Group, Inc. (NYSE: FPL) will provide a live webcast of its 2009 Annual Meeting of Shareholders, which begins at 10 a.m. EDT on Friday, May 22, 2009. Viewers can access the...
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May 7, 2009• Kelliher brings unrivaled expertise, impeccable reputation to growing clean energy leader
JUNO BEACH, Fla. – FPL Group, Inc. (NYSE: FPL) today announced that Joseph T. Kelliher is joining the company to serve as Executive Vice President, Federal Regulatory Affairs, a newly created...
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Apr 28, 2009NextEra Energy Resources reports strong results
JUNO BEACH, Fla. – FPL Group, Inc. (NYSE: FPL) today reported 2009 first quarter net income on a GAAP basis of $364 million, or $0.90 per share, compared with $249 million, or $0.62 per share,...
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Apr 23, 2009• SunPower will also establish a Florida R&D center if the state continues a robust solar program
JUNO BEACH, Fla. – FPL Group (NYSE: FPL) and Silicon Valley’s SunPower Corp. (NASDAQ: SPWRA, SPWRB) today announced a supply agreement for SunPower’s high-efficiency solar panels and its...
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Apr 23, 2009
JUNO BEACH, Fla. – Congress should enact a Renewable Electricity Standard (RES) this year in order to help fuel the growth of America’s clean energy economy, FPL Group President and Chief...
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Apr 15, 2009
JUNO BEACH, Fla. – For the third straight year, FPL Group, Inc. (NYSE: FPL) has been named one of the World’s Most Ethical Companies by Ethisphere Magazine. According to Ethisphere, this...
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Apr 9, 2009
JUNO BEACH, Fla. - FPL Group, Inc. (NYSE: FPL) today announced that it plans to report first quarter 2009 financial results in a press release to be issued before the opening of the New York Stock...
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Mar 31, 2009
Juno Beach, Fla. – Florida Power & Light Company will install cutting-edge solar power arrays at six schools in its service territory to help teach future generations about the benefits of...
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Mar 31, 2009
JUNO BEACH, Fla. – Rep. Henry A. Waxman (D-Calif.), chairman of the House Energy and Commerce Committee, and Rep. Edward J. Markey (D-Mass.), chairman of the House Select Committee on Energy...
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Mar 18, 2009
JUNO BEACH, Fla. -- Florida Power & Light Company today filed a rate proposal with the Florida Public Service Commission (PSC) that would support investment in improving fuel efficiency,...
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Mar 12, 2009
Juno Beach, Fla. – FPL Group Capital Inc today announced the sale of $350 million principal amount of Series F Junior Subordinated Debentures bearing interest at 8.75 percent per year and...
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Mar 11, 2009
Juno Beach, Fla. – Armando Pimentel, executive vice president and chief financial officer of FPL Group, Inc. (NYSE: FPL), will speak to investors and industry analysts at the Edison Electric...
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Mar 3, 2009
Juno Beach, Fla.– For the third consecutive year, Fortune magazine has named FPL Group Inc. (NYSE: FPL) No. 1 in the Electric and Gas category in its list of “Most Admired Companies.” In...
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Mar 2, 2009
FPL Group Capital Inc today announced the sale of $500 million principal amount of its 10-year debentures. The debentures bear interest at 6.00 percent per year and will mature March 1, 2019. The...
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Feb 26, 2009
JUNO BEACH, Fla. – President Barack Obama’s fiscal year 2010 budget projects federal revenue from a cap-and-trade program to address climate change as early as the year 2012. Lew Hay, chairman...
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Feb 26, 2009
ARCADIA, Fla. – Florida Power & Light Company (FPL) today announced the groundbreaking for FPL’s DeSoto Next Generation Solar Energy Center, which will bring commercial-scale solar...
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Feb 16, 2009
WASHINGTON, D.C. – A dramatic expansion of renewable energy will strengthen America’s economic, energy and climate security, but it is critical for policymakers to take action this year, FPL...
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Feb 13, 2009
JUNO BEACH, Fla. – The board of directors of FPL Group, Inc. (NYSE: FPL) today declared a regular quarterly common stock dividend of 47.25 cents per share. The dividend is payable March 16,...
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Feb 3, 2009
JUNO BEACH, Fla. – Sen. Barbara Boxer (D-Calif.), chairman of the Senate Environment and Public Works Committee, today released a set of principles for climate change legislation. Lew Hay,...
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Jan 28, 2009
JUNO BEACH, Fla. – Paul Cutler, treasurer of FPL Group, Inc. (NYSE: FPL), and Michael O’Sullivan, senior vice president of development for NextEra Energy Resources, LLC, a subsidiary of FPL...
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Jan 14, 2009
JUNO BEACH, Fla. – FPL Energy Services, Inc. (FPLES), a company that develops and markets energy-related products and services, has been awarded Energy Services Performance Contracts (ESPCs)...
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Jan 7, 2009Clean energy leader will mark debut by becoming the Official Renewable Energy Provider of Daytona International Speedway and Homestead-Miami Speedway
JUNO BEACH, Fla. – FPL Energy is beginning its next era. The FPL Group (NYSE: FPL) subsidiary is being renamed NextEra Energy Resources to better reflect its clean energy mission and market...
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Jan 7, 2009
JUNO BEACH, Fla. – FPL Group, Inc. (NYSE: FPL) today announced that it plans to report fourth quarter and year-end 2008 financial results in a news release to be issued before the opening of the...
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Dec 30, 2008
JUNO BEACH, Fla. – FPL Group Capital Inc sold $50 million principal amount of its seven-year debentures on Dec. 30, 2008. The debentures bear interest at 7 7/8 percent per year and will mature...
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Dec 22, 2008
JUNO BEACH, Fla. – FPL Energy, LLC, a subsidiary of FPL Group, Inc. (NYSE: FPL) and the largest wind and solar energy producer in North America, has joined with the Emerald Bowl to make the game...
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Dec 12, 2008
Juno Beach, Fla. – FPL Group Capital Inc sold $450 million principal amount of its seven-year debentures on Dec. 12, 2008. The debentures bear interest at 7 7/8 percent per year and will mature...
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Dec 2, 2008
INDIANTOWN, Fla. – Lt. Gov. Jeff Kottkamp and local community leaders joined officials of Florida Power & Light Company here today to break ground on FPL’s Martin Next Generation Solar Energy...
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Oct 17, 2008
JUNO BEACH, Fla. -- The board of directors of FPL Group, Inc. (NYSE: FPL) today declared a regular quarterly common stock dividend of 44.5 cents per share. The dividend is payable December 15,...
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Oct 3, 2008
JUNO BEACH, Fla. - FPL Group, Inc. (NYSE: FPL) today announced that it plans to report third quarter 2008 financial results in a press release to be issued before the opening of the New York Stock...
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Sep 22, 2008
JUNO BEACH, Fla. – FPL Group (NYSE: FPL) has been named to the 2008 “Climate Disclosure Leadership Index” by the Carbon Disclosure Project (CDP), a not-for-profit organization that reports...
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Sep 18, 2008
JUNO BEACH, Fla. - Lewis Hay, III, chairman and chief executive officer of FPL Group, Inc. (NYSE: FPL) will speak to investors and industry analysts at the 2008 Merrill Lynch Power & Gas Leaders...
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Sep 16, 2008
JUNO BEACH, Fla. – The FPL Group Foundation, Inc. is announcing a $1 million contribution to provide emergency assistance to Florida Power & Light Company’s most vulnerable customers in...
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Sep 16, 2008
JUNO BEACH, Fla. - On Sept. 15, 2008, Lehman Brothers Holdings Inc. (Lehman) filed for protection under Chapter 11 of the federal Bankruptcy Code in the U. S. Bankruptcy Court, Southern District...
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Sep 5, 2008
JUNO BEACH, Fla. – FPL Group, Inc. (NYSE:FPL) today said it has received notification of an unsolicited “mini-tender offer” by TRC Capital Corporation to acquire up to 2 million shares of...
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Aug 26, 2008
Armando Pimentel, chief financial officer of FPL Group, Inc. (NYSE: FPL), will speak to investors and industry analysts at the 2008 Lehman Brothers CEO Energy/Power Conference. The presentation is...
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Jul 25, 2008
JUNO BEACH, Fla. -- The board of directors of FPL Group, Inc. (NYSE: FPL) today declared a regular quarterly common stock dividend of 44.5 cents per share. The dividend is payable September 15,...
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Jul 9, 2008
JUNO BEACH, Fla. - FPL Group, Inc. (NYSE: FPL) today announced that it plans to report second quarter 2008 financial results in a press release to be issued before the opening of the New York...
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Jun 25, 2008
MIAMI, Fla. – Calling the recent Senate debate over legislation to curb carbon dioxide emissions a “missed opportunity,” the Chairman and CEO of the nation’s largest producer of wind and...
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Jun 24, 2008
CENTER, ND – FPL Energy, LLC, a subsidiary of FPL Group (NYSE: FPL) and Minnesota Power, an operating division of ALLETE, Inc. today joined about 200 guests near Center to dedicate FPL...
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Jun 11, 2008
JUNO BEACH, Fla. – FPL Group Capital Inc today announced the sale of $250 million principal amount of five-year debentures bearing interest at 5.35 percent per year and maturing June 15, 2013,...
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May 23, 2008
JUNO BEACH, Fla. – FPL Group (NYSE: FPL) performed exceptionally well in 2007 and has outstanding growth prospects going forward, FPL Group Chairman and CEO Lewis Hay, III told shareholders at...
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May 23, 2008
JUNO BEACH, Fla. -- Michael O’Sullivan, Senior Vice President of Development for FPL Energy LLC, a subsidiary of FPL Group Inc. (NYSE: FPL), will speak to investors and industry analysts at the...
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May 15, 2008
JUNO BEACH, Fla. FPL Group, Inc. (NYSE: FPL) will provide a live webcast of its 2008 Annual Meeting of Shareholders, which begins at 10:00 a.m. EST Friday, May 23, 2008. You can access the webcast...
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May 14, 2008
LANGDON, ND. – FPL Energy, LLC, a subsidiary of FPL Group (NYSE: FPL), Otter Tail Power Company and Minnkota Power Cooperative, Inc., today joined about 150 guests near Langdon to dedicate FPL...
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Apr 10, 2008
JUNO BEACH, Fla. - FPL Group, Inc. (NYSE: FPL) today announced that it plans to report first quarter 2008 financial results in a press release to be issued before the opening of the New York Stock...
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Mar 26, 2008
JUNO BEACH, Fla. – FPL Energy, LLC, already the country’s leading generator of wind and solar thermal power, announced today an important step in its strategy to add significantly to its solar...
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Mar 19, 2008
FORT WORTH, Texas (March 19, 2008) - Texas Christian University (TCU), FPL Energy, LLC, a subsidiary of FPL Group, Inc. (NYSE: FPL) and the nation's largest wind and solar energy producer, and...
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Mar 18, 2008
Juno Beach, Fla. – Members of the FPL Group, Inc. (NYSE: FPL) management team will host an investor conference in Aventura, Fla., on Thursday, March 27, 2008, and Friday, March 28, 2008, to...
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Mar 10, 2008
Juno Beach, Fla. – For the second consecutive year, Fortune magazine has named FPL Group Inc. (NYSE: FPL) No. 1 in the category of electric and gas utilities in its list of “America’s Most...
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Feb 25, 2008
JUNO BEACH, Fla. – FPL Group Inc. (NYSE: FPL), a leading clean energy company and the largest producer of wind and solar power in the United States, has been named one of the country’s “100...
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Feb 15, 2008
JUNO BEACH, Fla. -- The board of directors of FPL Group, Inc. (NYSE: FPL) today declared a regular quarterly common stock dividend of 44.5 cents per share. The dividend is payable March 17, 2008,...
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Feb 15, 2008Moray Dewhurst to step down following end of first quarter 2008 Armando Pimentel to assume CFO role
JUNO BEACH, Fla., FPL Group (NYSE: FPL) today announced plans for a transition of the role of chief financial officer that will take place over the course of the first quarter. The incumbent CFO,...
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Feb 1, 2008
JUNO BEACH, Fla. -- Paul Cutler, Treasurer of FPL Group, Inc. (NYSE: FPL), and Michael O’Sullivan, Senior Vice President – Development of FPL Energy, a subsidiary of FPL Group, will jointly...
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Jan 11, 2008
JUNO BEACH, Fla. - FPL Group, Inc. (NYSE: FPL) today announced that it plans to report fourth quarter and year-end 2007 financial results in a press release to be issued before the opening of the...
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Nov 27, 2007Wellness program is helping employees adopt healthier lifestyles, improve productivity
WASHINGTON, D.C. — FPL Group, Inc. (NYSE: FPL) was awarded the U.S. Department of Health and Human Services 2007Innovation in Prevention Award today for its company-wide health program,...
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Nov 12, 2007
JUNO BEACH, Fla. – Paul Cutler, Treasurer of FPL Group, Inc. (NYSE: FPL) and Michael O’Sullivan, Senior Vice President – Development of FPL Energy, a subsidiary of FPL Group, will jointly...
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Nov 2, 2007
JUNO BEACH, Fla. – A climate change bill approved by a Senate subcommittee Thursday would reward the country’s biggest emitters of carbon dioxide and fails to provide a reliable mechanism to...
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Oct 29, 2007FPL Energy reports continued outstanding performance Florida Power & Light Company customer growth remains strong despite the slowdown in new home construction FPL Group reaffirms 2007 adjusted earnings per share expectation; increases 2008 adjusted EPS expectation range to $3.83 to $3.93; sets 2009 adjusted EPS expectations of $4.15 to $4.35 FPL Group expects average annual adjusted EPS growth of at least 10 percent for 2006-2012
JUNO BEACH, Fla. (Oct. 30, 2007) - FPL Group, Inc. (NYSE: FPL) today reported 2007 third quarter net income on a GAAP basis of $533 million, or $1.33 per share, compared to $527 million, or $1.32...
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Oct 9, 2007
JUNO BEACH, Fla. - FPL Group, Inc. (NYSE: FPL) today announced that it plans to report third quarter 2007 financial results in a press release to be issued before the opening of the New York Stock...
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Sep 26, 2007
JUNO BEACH, Fla. – FPL Group, Inc., (NYSE: FPL) one of the country’s leading generators of renewable electric power, today announced a $2.4 billion investment program aimed at increasing U.S....
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Sep 19, 2007
SACRAMENTO, CA -- Californians overwhelmingly favor (83%) the expansion of wind energy production in the state and more than 96 percent of respondents believe wind power should be a part of the...
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Sep 14, 2007
JUNO BEACH, Fla. -- Lewis Hay, III, Chairman and Chief Executive Officer of FPL Group, Inc. (NYSE: FPL) will speak to investors and industry analysts at the Merrill Lynch Power & Gas Leaders...
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Sep 11, 2007
JUNO BEACH, Fla. – FPL Group Capital Inc today announced the sale of $350 million principal amount of Series E Junior Subordinated Debentures bearing interest at 7.45 percent per year. The...