NextEra Energy Resources (NEE) said its Q3 GAAP results include an approximately $900M after-tax impairment of its investment in NextEra Energy Partners (NEP). In 2018, NextEra Energy Resources recorded an after-tax gain of approximately $3B when NextEra Energy Partners was deconsolidated. Both the gain in 2018 and loss in 2023 have been excluded from adjusted earnings, the company said. Shares of NextEra Energy are up 7% to $54.99 following this morning’s Q3 report.
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