Trump’s Approval For NextEra Energy’s Texas And Pennsylvania Projects Fails To Boost NEE Stock – Retail Says Shares Are ‘Undervalued’

• NextEra Energy secured approval to develop up to 10 gigawatts of natural gas-powered projects.
• The projects are aimed at meeting rising electricity demand, particularly from data centers and advanced manufacturing.
• Earlier, the company also announced plans to build up to 15 gigawatts of data hub capacity by 2035.

NextEra Energy Inc. (NEE) drew investor attention on Friday after announcing it had secured approval from President Donald Trump to develop up to 10 gigawatts of natural gas-powered projects in Texas and Pennsylvania.

NEE shares  were trading around 1% lower.

The move is tied to a broader U.S.-Japan trade agreement that includes a $550 billion investment commitment by the Asian country. The projects, jointly owned by U.S. and Japanese stakeholders, are aimed at meeting rising electricity demand, particularly from data centers and advanced manufacturing. They will be built and operated by NextEra.

“Our hub strategy is designed to scale quickly and support rising demand while strengthening America's energy security—without increasing electricity costs for American households,” said John Ketchum, chairman, president and CEO of NextEra Energy.

Natural Gas Push

NextEra Energy has been ramping up its push into natural gas-powered infrastructure. Last December, the company entered into a partnership with ExxonMobil to build a 1.2-gigawatt plant to supply power to major tech companies. NextEra also announced plans to build up to 15 gigawatts of data hub capacity by 2035, supporting clients such as Google and Meta Platforms Inc.

The company is also expanding its gas footprint through the acquisition of Symmetry Energy Solutions and partnerships with Comstock Resources and Basin Electric Power Cooperative. Rising U.S. power demand, expected to grow sharply by 2030, is driving these investments.

The deals come as U.S. electricity demand surges, driven by data centers that could strain grid capacity, with S&P Global estimating consumption could rise by up to 25% by 2030.

How Did Stocktwits Users React?

Retail sentiment on Stocktwits remained in the ‘bearish’ zone over the past 24 hours.

One user said the stock is undervalued at the moment.

Year-to-date, the stock has gained around 13%

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