Official Name: NextEra Energy, Inc.
Headquarters: Juno Beach, FL, United States
CEO: Mr. John W. Ketchum
USD as of April 1, 2022
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.
|Company||Market Cap (USD)|
|Duke Energy Corporation||$88.76 B|
|The Southern Company||$78.38 B|
|American Electric Power Company, Inc.||$50.95 B|
|Xcel Energy Inc.||$39.76 B|
|Consolidated Edison, Inc.||$34.89 B|
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.
NextEra Energy, Inc. is an American energy company with about 58 GW of generating capacity (24 GW of which were from fossil fuel sources ), revenues of over $18 billion in 2020, and about 14,900 employees throughout the US and Canada. It is the largest electric utility holding company by market capitalization.[clarification needed] Its subsidiaries include Florida Power & Light (FPL), NextEra Energy Resources (NEER), NextEra Energy Partners, Gulf Power Company, and NextEra Energy Services. FPL, the largest of the subsidiaries, delivers rate-regulated electricity to approximately 5 million customer accounts, or an estimated 10 million people, across nearly half of Florida and is the third largest electric utility company in the United States. NEER, together with its affiliated entities, is the world's largest generator of renewable energy from the wind and sun. In addition to wind and solar, NextEra Energy Resources owns and operates generating plants powered by natural gas, nuclear energy, and oil. As of 2020, approximately 41% of NextEra Energy's generating capacity was from fossil fuels and non-renewables. The company ranked 167th on the 2018 Fortune 500 of the largest United States corporations by revenue.
Source: Wikipedia, retrieved on March 31, 2022, 9:02 p.m.
James L. Robo (President and CEO of N E E and Chairman of F P L) John W. Ketchum (Executive Vice President, Finance and CFO of N E E and F P L) Eric E. Silagy (President and CEO of F P L)
Revenue: US$ 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)