See Graham's ranking
5.0
NextEra Energy Inc. operates in the Utilities sector, within the Electric Power industry, and was founded in 1984 in the United States by James L. Broadhead. The company is currently led by CEO John W. Ketchum and operates under the regulation of the Federal Energy Regulatory Commission (FERC) and various U.S. state energy agencies. Since its inception, the company’s primary mission has been to modernize the electric power sector and expand the adoption of clean and sustainable energy sources.
Specializing in the generation, transmission, and distribution of electricity, NextEra Energy has established itself as the world’s largest producer of wind and solar energy. In addition to renewable power generation, its main products and services include:
Electricity supply for residential, industrial, and commercial customers
Operation of nuclear and natural gas-fired power plants
Energy transmission and distribution infrastructure
Battery-based energy storage systems
Investments in emerging technologies such as green hydrogen and carbon capture
With operations across the United States and Canada, the company serves millions of customers primarily through its subsidiary Florida Power & Light Company (FPL), the largest electric utility in Florida. Its division, NextEra Energy Resources, drives the company’s global expansion, investing in renewable generation and energy infrastructure projects worldwide.
NextEra Energy manages one of the largest renewable energy portfolios in the world, encompassing thousands of wind turbines, solar farms, and battery storage facilities. Key initiatives include:
Expansion of wind and solar generation capacity across multiple U.S. states
Development of next-generation battery technologies for electricity storage
Strategic investments in green hydrogen and nuclear energy
Backed by a robust operational structure, NextEra Energy employs approximately 14,900 people and oversees assets that include power plants, transmission lines, and energy control centers across the country.
History and Founding of NextEra Energy Inc.
The origins of NextEra Energy Inc. trace back to 1984, with the founding of the Florida Power & Light Company (FPL Group) in the United States. The company’s initial objective was to expand and modernize Florida’s electric generation and distribution infrastructure, ensuring efficient and reliable power delivery for a rapidly growing population.
In its early years, NextEra faced challenges tied to rising electricity demand and the need for investment in new technologies. To address these issues, the company expanded its generation capacity and strengthened its transmission network, becoming one of the region’s leading energy providers.
Growth accelerated in the 1990s, as the company diversified its operations and entered the renewable energy sector. During this period, NextEra expanded into additional U.S. states, acquiring new assets and investing in nuclear, wind, and solar power projects.
In 2010, the company underwent a major restructuring and officially adopted the name NextEra Energy Inc., reflecting its long-term commitment to innovation and sustainability. This transition solidified its leadership in renewable energy and elevated its influence in the global energy market.
Key milestones in NextEra Energy’s history include:
1995: Expansion of the U.S. transmission and distribution network
2010: Rebranding as NextEra Energy Inc., with a strategic focus on renewable energy
2014: Large-scale expansion of wind and solar projects across the United States
2018: Advancements in energy storage systems and smart grid development
2020: Launch of green hydrogen and carbon capture initiatives
Between 2020 and 2024, NextEra Energy continued to expand its clean energy operations, accelerating its solar and wind investments, enhancing smart grid infrastructure, and developing long-duration energy storage solutions.
Today, NextEra Energy is widely regarded as one of the most innovative companies in the electric power industry, leading the global transition toward a more sustainable, efficient, and resilient energy future.
Additional Information
The Company NextEra Energy Inc. (United States), is listed on NYSE with a market cap of $ 172.39 Billions, having an equity of $ 64.60 Billions.
With a total of 14.900 employees, the company is listed in the sector of Utilities and categorized in industry of Electrical.
In the last 12 months the Company had a revenue of $ 26.30 Billions, which generated a profit in the amount of $ 6.50 Billions.
As for its main indicators, the Company has a P/E ratio of 26.51, a P/BV ratio of 2.67 and in the last 12 months the dividend yield of NEE was at 2.65%.
The Company is traded internationally through the ticker NEE.
