Filing excerpt
For each of the selected companies, Lazard reviewed and compared, among other things, (i) with respect to NextEra Energy’s Premium Utility Peers, the price per share as of May 15, 2026, as a multiple of estimated Adjusted EPS... and (ii) with respect to NextEra Energy’s Premium Independent Power Producer Peers, the enterprise value of the selected company... as a multiple of such selected company’s estimated Adjusted EBITDA...