The largest U.S. utility and renewables operator — a key supplier of the electricity AI data centers demand.
| Indicator | Score | Band |
|---|---|---|
| Valuation vs Earnings Quality | 38 | LOW-MODERATE FRAGILITY (utility standard) |
| AI Monetization Gap | 50 | MODERATE (real but deferred) |
| Insider Activity | 25 | LOW FRAGILITY (CONFIRMED-LOW) |
| Execution / Construction Risk | 50 | MODERATE |
| Capital Allocation | 64 | MODERATE-HIGH CONCERN |
| Regulatory / Policy Risk | 50 | MODERATE |
Q. NEE's backlog is 30 GW — how much of that is actually contracted with AI hyperscalers?
A. ~10.5 GW serving or committed to large-load/datacenter customers as of July 2025, per management — CALL-STATED. The 10-K does not break out backlog by customer type. The ~20% of backlog labeled "large load" is call-stated, not filed. Architect should verify in the 10-K or 10-Q supplemental disclosures if NEER's large-load percentage is disclosed anywhere as a filed figure.
EVIDENCE: filed · scores from the engine · I5/I6 carry a score with no underlying instrument — stated where drilled.
AWAITING LIVE SERIES · wires from /api/prices · held state stands if the wire fails
SEC XBRL companyfacts · every row carries its accession · 8 quarters · refreshes off the 8-K 2.02 earnings event
Watching: Energy / returns before the print.
Earnings window. no dated next-print for this firm in the calendar yet — the 59-of-68 coverage gap.
Score 25.0/100 from the engine.
No discretionary (no-plan) open-market selling on the recent record — plan sales, gifts and awards stated as what they are.
| Owner | Role | Date | Type | Value | Basis |
|---|---|---|---|---|---|
| Bolster Brian W | Pres. and CEO of Sub | 2026-05-07 | Tax withholding | $119,333 | — |
EDGAR Form 4, parsed structured · last 1 txns · asof 2026-07-20 · refreshes off the Form-4 event class
Pending analysis. not yet determined — on the follow-up ledger as of 2026-07-13. A dated commitment, not an apology.
Video. no verified channel in the map yet — our gap, stated (the map grows by verification, never by guess).
≤5 news · ≤2 video · rolling window, never an archive · ranked from the 2026-08-08 sweep · refreshes Saturday
Notes. held open — The desk has not ruled this slot.
Company data is compiled from primary sources — SEC filings, the fragility engine, and our own roster. Narrative summaries are AI-assisted; every figure comes from the record, not the model.