press release

July 29, 2020, 12:09 p.m. EDT

Statement by NextEra Energy Resources President and CEO John Ketchum on Bloom Energy

JUNO BEACH, Fla., July 29, 2020 /PRNewswire/ -- NextEra Energy Resources, LLC President and CEO John Ketchum issued the following statement regarding recent Bloom Energy disclosures about NextEra Energy Resources.

"Yesterday, during a call with financial analysts, an executive of Bloom Energy incorrectly asserted that NextEra Energy Resources was a 'financing partner' of Bloom Energy. We have no such relationship with Bloom Energy. NextEra Energy Resources' relationship with Bloom Energy is limited to a recently acquired small fuel cell with an existing power purchase agreement on Long Island, New York. The opportunity became available to us on attractive terms. Our contractual arrangement with Bloom Energy is limited to receiving operational and technology support for this one system. We have no plans to engage in further business activities with Bloom Energy." 

NextEra Energy Resources

NextEra Energy Resources, LLC (together with its affiliated entities, "NextEra Energy Resources"), is a clean energy leader and is one of the largest wholesale generators of electric power in the U.S., with approximately 21,900 megawatts of net generating capacity, primarily in 37 states and Canada as of year-end 2019. NextEra Energy Resources, together with its affiliated entities, is the world's largest generator of renewable energy from the wind and sun and a world leader in battery storage. The business operates clean, emissions-free nuclear power generation facilities in New Hampshire, Iowa and Wisconsin as part of the NextEra Energy nuclear fleet, which is one of the largest in the United States. NextEra Energy Resources, LLC is a subsidiary of Juno Beach, Florida-based NextEra Energy, Inc. /zigman2/quotes/200558509/composite NEE -2.13% . For more information, visit www.NextEraEnergyResources.com .

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SOURCE NextEra Energy Resources; NextEra Energy, Inc.

COMTEX_368601376/2454/2020-07-29T12:09:07

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