InsightfulValue
← Home
🚀 Sign up Free for Public Company Valuation & Insights!

Sign up for free to get access to the best public company valuation and insights. Get started today and unlock the potential of your investments!

Sign up free   Video Highlights

NextEra Energy
NextEra Energy

Energy / Energy and power generation

At a Glance | Core Facts | Company Due Diligence: | Industry Due Diligence: | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | Web
Overview
, its subsidiaries, and its operations
NextEra Energy, Inc. is a leading energy company that provides clean, renewable energy solutions. The company was founded in 1925 and is based in Juno Beach, Florida. It is one of the largest electric power and energy infrastructure companies in North America, with approximately 46,000 megawatts of generating capacity.
NextEra Energy operates through two primary subsidiaries: Florida Power & Light Company (FPL), which serves approximately 5 million customer accounts in Florida, and NextEra Energy Resources, LLC, which is responsible for developing, building, and operating renewable energy projects across North America.
FPL is the largest utility in Florida and one of the largest rate-regulated utilities in the United States. It provides electricity to customers through its modern, efficient, and clean energy grid, which includes natural gas, nuclear, coal, and solar power generation. FPL has consistently been recognized for its reliability and customer satisfaction.
NextEra Energy Resources is a clean energy leader with a diverse portfolio of wind, solar, and energy storage assets throughout the United States, Canada, and Mexico. It is the world's largest generator of renewable energy from the wind and sun and has a development pipeline of approximately 10,000 megawatts of renewable energy projects.
In addition to its core electricity operations, NextEra Energy is also involved in natural gas infrastructure development and owns a competitive energy services company that provides retail and wholesale energy services to customers in deregulated markets.
Overall, NextEra Energy's mission is to provide clean, reliable, and affordable energy to its customers while also balancing the needs of its stakeholders and the environment. The company is committed to investing in sustainable energy solutions and has set a goal to reduce its carbon dioxide emissions by 67% by 2025 compared to 2005 levels.
What is special about the company?
1. Largest Renewable Energy Company: NextEra Energy is the largest renewable energy company in the world with a total generating capacity of over 45,900 megawatts from sources such as wind, solar, and nuclear.
2. Innovative Technology: The company is committed to investing in innovative technologies to produce clean and efficient energy, such as the use of advanced battery storage systems and natural gas to complement renewable energy production.
3. Focus on Sustainability: NextEra Energy is recognized for its commitment to sustainability and has been named one of the world's most sustainable companies by leading sustainability indices, such as the Dow Jones Sustainability Index and the FTSE4Good Index.
4. Strong Financial Performance: The company has a strong financial performance, consistently posting solid earnings and dividends for its shareholders. It has also been one of the top performers in the S&P 500 utility sector.
5. Environmental and Social Responsibility: NextEra Energy has a strong focus on environmental and social responsibility and is committed to reducing its carbon footprint, promoting diversity and inclusion, and investing in communities where it operates.
6. Leading in Energy Storage: NextEra Energy is a leader in energy storage, with over 140 megawatts of battery deployment in operation and more than 100 megawatts under construction.
7. Top Rankings and Awards: The company has received several prestigious awards and rankings, including being named one of the World's Most Admired Companies by Fortune magazine, and being recognized as a top utility for diversity and inclusion by DiversityInc and Forbes.
8. Commitment to Customer Service: NextEra Energy is committed to providing reliable and exceptional customer service, with a 97% customer satisfaction rating.
9. Forward-Looking Strategy: The company has a forward-looking strategy to continue investing in renewable energy and new technologies, positioning itself as a leader in the transition to a clean energy future.
10. Corporate Culture: NextEra Energy is known for its strong corporate culture, valuing diversity, innovation, and sustainability, and creating a positive work environment for its employees.
What the company's business model?
NextEra Energy is a leading clean energy company that generates, transmits, distributes, and sells electric energy, as well as provides energy-related products and services. The company operates through two main segments: FPL and NEER.
1. FPL (Florida Power & Light Company):
FPL is NextEra Energy's electricity company that generates, transmits, and distributes electric energy to approximately 5 million customers in Florida. The segment's business model is based on providing reliable, affordable, and sustainable energy to its customers through its diverse portfolio of power generation sources, including natural gas, nuclear, solar, wind, and battery storage.
2. NEER (NextEra Energy Resources):
NEER is NextEra Energy's clean energy subsidiary that develops, builds, and operates renewable energy projects in North America. The segment's business model is centered around the production of clean and renewable energy, primarily through wind and solar power projects. NEER also provides energy-related products and services, such as energy storage solutions and energy management services.
NextEra Energy's business model focuses on investing in clean and renewable energy sources, reducing carbon emissions, and promoting sustainable and responsible energy practices. The company also prioritizes innovation and technology to improve efficiency and reduce costs in its operations. Additionally, NextEra Energy has a strong focus on customer satisfaction and is committed to delivering value to its customers and shareholders through responsible and sustainable business practices.
Interesting facts about the company
1. NextEra Energy is the world’s largest producer of wind and solar energy.
2. The company has over 14,700 employees and is headquartered in Juno Beach, Florida.
3. NextEra Energy was founded in 1984 and was originally called FPL Group.
4. The company has been named one of the World’s Most Admired Companies by Fortune magazine for 13 consecutive years.
5. NextEra Energy owns and operates two electric companies, Florida Power & Light (FPL) and Gulf Power, which serve more than 5 million customers in Florida.
6. In addition to its renewable energy portfolio, NextEra Energy also operates nuclear power plants in the United States.
7. The company has a strong commitment to sustainability and has a goal to reduce its carbon dioxide emissions rate by 67% by 2025 from its 2005 levels.
8. NextEra Energy is also dedicated to giving back to its local communities, with the company and its employees donating over $32 million to charitable organizations in 2020.
9. The company has been recognized for its efforts in diversity and inclusion, earning a top score on the Human Rights Campaign’s Corporate Equality Index for 10 consecutive years.
10. NextEra Energy is a Fortune 200 company and is consistently ranked among the top 10 utilities in the country for customer satisfaction.
See Company Due Diligence:

Wait! There's more — sign up for free or log in

© 2024 - 2025 InsightfulValue.com. All rights reserved. Legal