NextEra mulls options with PTC

NextEra's Horse Hollow wind farm in Texas

US wind-power giant NextEra Energy says it is still weighing its options for 2013 following the last-minute extension of the federal wind production tax credit (PTC).

NextEra, the largest US renewable energy generator, unveiled fourth-quarter net income of $429m, or $1.02 per share, versus $667m, or $1.59 per share, a year earlier.

For 2012, the company reported $1.91bn of net income, or $4.56 per share, compared with $1.92bn, or $4.59 per share, in 2011.

In the fourth quarter, NextEra added a record 1.2GW of wind to its portfolio in the US and Canada, bringing its fleet capacity to more than 10GW.

Moray Dewhurst, vice chairman and chief financial officer, said on a conference call that it was too…

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