Company
NextEra Energy
Official Name: NextEra Energy, Inc.
Headquarters: Juno Beach, FL, United States
Founded: 1984
Employees: 15,000
CEO: Mr. John W. Ketchum
Market Cap
$147.58 Billion
USD as of July 1, 2024
NextEra Energy Categories
United States Utilities Utilities—Regulated ElectricUnited States Utilities United States Utilities—Regulated Electric
Company Description
NextEra Energy, Inc. is an electric utility company particularly involved in renewable energies. Tracing its history to 1925, NextEra Energy is the world’s largest utility company, operating the world’s largest generator of wind and solar renewable energy, together with natural gas, nuclear energy, and oil power plants through its subsidiaries. It distributes power to 5 million customers throughout the United States and Canada.
Top Competitors by Market Capitalization
Industry: Utilities—Regulated Electric
| Company | Market Cap (USD) |
|---|---|
| The Southern Company | $84.98 B |
| Duke Energy Corporation | $77.61 B |
| American Electric Power Company, Inc. | $46.31 B |
| PG&E Corporation | $44.66 B |
| Consolidated Edison, Inc. | $30.87 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| China Yangtze Power Co. Ltd | $98.70 B |
| The Southern Company | $84.98 B |
| Iberdrola, SA | $79.29 B |
| Duke Energy Corporation | $77.61 B |
| Enel SpA | $73.16 B |
Detailed Description
NextEra Energy, Inc., through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company generates electricity through wind, solar, nuclear, coal, and natural gas facilities. It also develops, constructs, and operates long-term contracted assets that consists of clean energy solutions, such as renewable generation facilities, battery storage projects, and electric transmission facilities; sells energy commodities; and owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets. As of December 31, 2021, the company had approximately 28,564 megawatts of net generating capacity; approximately 77,000 circuit miles of transmission and distribution lines; and 696 substations. It serves approximately 11 million people through approximately 5.7 million customer accounts in the east and lower west coasts of Florida. The company was formerly known as FPL Group, Inc. and changed its name to NextEra Energy, Inc. in 2010. The company was founded in 1925 and is headquartered in Juno Beach, Florida.
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Stocks & Indices
NextEra Energy, Inc. has the following listings and related stock indices.
Stock: NYSE: NEE wb_incandescent
Stock: BMV: NEE wb_incandescent
Stock: Bovespa: NEXT34 wb_incandescent
Stock: FSX: FP3 wb_incandescent
Stock: NYSE: NEE.PR.Q wb_incandescent
Product & Services
Electricity
Key People
James L. Robo (President and CEO of N E E and Chairman of F P L) John W. Ketchum (Executive Vice President, Finance and CFO of N E E and F P L) Eric E. Silagy (President and CEO of F P L)
Financials
Revenue: US$ 19.20 billion (2019)US$ 16.73 billion (2018)
Operating income: US$ 5.35 billion (2019)US$ 4.28 billion (2018)
Net income: US$ 3.39 billion (2019)US$ 5.78 billion (2018)
Total assets: US$ 117.7 billion (2019)US$ 103.7 billion (2018)
Total equity: US$ 41.4 billion (2019)US$ 37.4 billion (2018)