Regulatory and Policy Changes: NextEra Energy's operations and growth are significantly influenced by federal, state, and local energy policies, environmental regulations, and incentive programs; adverse changes could impact project viability and profitability.

Climate and Weather Risks: Exposure to extreme weather events, particularly hurricanes in Florida, and variability in wind and solar resources, can cause infrastructure damage, operational disruptions, and affect power generation, leading to increased costs or reduced revenues.

Interest Rate Fluctuations: As a highly capital-intensive company, NextEra Energy relies on substantial debt financing for its projects; rising interest rates could increase borrowing costs, impacting project economics and overall profitability.