What is Nextra Energy's letters of credit outstanding?

Nextra Energy (NEE) reported letters of credit outstanding of $1.37B in Q1 2026.

How has Nextra Energy's letters of credit outstanding changed year-over-year?

Nextra Energy's letters of credit outstanding decreased by 3.6% year-over-year, from $1.42B to $1.37B.

What is the long-term trend for Nextra Energy's letters of credit outstanding?

Over 5 years (2020 to 2025), Nextra Energy's letters of credit outstanding has grown at a 88.2% compound annual growth rate (CAGR), from $66.00M to $1.56B.

Other

Letters of Credit Outstanding

Nextra Energy Letters of Credit Outstanding decreased by 12.3% to $1.37B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 3.6%, from $1.42B to $1.37B. Over 5 years (FY 2020 to FY 2025), Letters of Credit Outstanding shows an upward trend with a 88.2% CAGR.

Analysis

StatementBalance Sheet Statement

SectionOther

First reportedQ4 2015

Last reportedQ1 2026Apr 23, 2026

Metric ID: letters_of_credit_outstanding

Historical Data

20 periods

	Q2 '21	Q3 '21	Q4 '21	Q1 '22	Q2 '22	Q3 '22	Q4 '22	Q1 '23	Q2 '23	Q3 '23	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Value	$53.00M	$461.00M	$1.10B	$1.20B	$2.60B	$1.90B	$1.19B	$510.00M	$501.00M	$327.00M	$1.60B	$1.44B	$1.57B	$1.40B	$1.33B	$1.42B	$1.31B	$1.53B	$1.56B	$1.37B
QoQ Change	—	+769.8%	+138.6%	+9.1%	+116.7%	-26.9%	-37.3%	-57.2%	-1.8%	-34.7%	+387.8%	-9.7%	+9.0%	-10.6%	-5.0%	+6.4%	-7.9%	+17.1%	+1.9%	-12.3%
YoY Change	—	—	—	—	>999%	+312.1%	+8.4%	-57.5%	-80.7%	-82.8%	+33.8%	+182.4%	+213.4%	+329.4%	-16.4%	-1.5%	-16.8%	+9.0%	+16.9%	-3.6%

Range$53.00M – $2.60B

CAGR+98.3%

Avg YoY Growth+353.2%

Median YoY Growth+8.7%

Frequently Asked Questions

What is Nextra Energy's letters of credit outstanding?: Nextra Energy (NEE) reported letters of credit outstanding of $1.37B in Q1 2026.
How has Nextra Energy's letters of credit outstanding changed year-over-year?: Nextra Energy's letters of credit outstanding decreased by 3.6% year-over-year, from $1.42B to $1.37B.
What is the long-term trend for Nextra Energy's letters of credit outstanding?: Over 5 years (2020 to 2025), Nextra Energy's letters of credit outstanding has grown at a 88.2% compound annual growth rate (CAGR), from $66.00M to $1.56B.