NextEra Energy (NEE), the largest provider of wind and solar power in the US, reported results this morning that beat analyst estimates and the company reported quarter over quarter revenue growth for the first in over a year.  They reported a non GAAP EPS of $1.45/share vs the analyst expectation of $1.43 on revenues of $4.69 billion vs the expectation of revenues of $4.52 billion.

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Here are other highlights from the quarter..

– continued expansion of wind energy fleet
– has received most of approval necessary for 250MW Genesis solar facility in Cali
– Energy Resources results driven mainly by addition of new wind projects, improved performance of existing assets
– wind energy assets increased by 1260MW in the past year contributing .05 to adjusted earnings, while existing wind energy assets contributed another .05
– 680MW of new wind assets already in service or under construction to go online within a few months

Looking ahead, NextEra Energy expects non GAAP EPS for 2010 to be in the lower half of the previously disclosed range of $4.25 to $4.65. For 2011, they see EPS in a range of $4.25 to $4.55. Looking out further, they see adjusted EPS growth at an overall average rate of 5 percent to 7 percent through 2014 from a 2009 base.

All in all, a decent quarter from NEE as it appears their wind energy business is doing much better here in the US than it is for GE or Vestas.  The stock is trading down a bit on the lukewarm guidance, but this is a solid blue chip type company with a solid dividend and perhaps the safest way to play green energy.