NEE - Nextera Energy Inc

Company Overview

Name

Nextera Energy Inc

Tickers

NEE, NEE-PN, NEE-PR, NEE-PS

Exchanges

NYSE

Employees

16800

Founded

1985

Sector Information

Other Information

CIK

753308

Category

Large accelerated filer

1-Line Summary

NextEra Energy, one of the largest renewable energy companies in North America, operates electric utilities and energy resources focusing on sustainability.

Company summary

NextEra Energy, Inc. (NEE) is a leading electric power and energy infrastructure company based in North America, focusing heavily on renewable energy. The company operates through two main segments: Florida Power & Light (FPL), the largest electric utility in Florida, and NextEra Energy Resources (NEER), which is the world's largest generator of renewable energy from wind and solar sources. FPL is committed to providing reliable electric service at low rates while NEER focuses on developing and managing long-term contracted renewable energy projects and battery storage facilities across the U.S. and Canada.

Together, NEE's diversified operations allow for significant synergies between FPL and NEER, enhancing overall efficiency and innovation in service delivery. The company aims to achieve growth through strategic investments in clean energy solutions, capitalizing on policy incentives like the Inflation Reduction Act, which fosters the expansion of renewable technologies. NEE's scale and integrated approach position it to capitalize on the increasing demand for clean energy while ensuring cost-effective solutions for its customers.

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