NextEra Energy

NextEra Energy, Inc.
FormerlyFPL Group
Company typePublic
Industry
Founded1984; 40 years ago (1984) as FPL Group
Headquarters,
U.S.
Area served
United States and Canada
Key people
Services
RevenueIncrease US$28.11 billion (2023)
Increase US$10.24 billion (2023)
Increase US$6.282 billion (2023)
Total assetsIncrease US$177.5 billion (2023)
Total equityIncrease US$57.77 billion (2023)
Number of employees
c. 16,800 (2023)
Subsidiaries
Websitenexteraenergy.com
Footnotes / references
[1]

NextEra Energy, Inc. is an American energy company with about 58 GW of generating capacity (24 GW of which were from fossil fuel sources[2]), revenues of over $18 billion in 2020, and about 14,900 employees throughout the US and Canada.[3][2] It is the world's largest electric utility holding company by market capitalization, with a valuation of over $120 billion as of Nov 2023.[4] 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.[5] NEER, together with its affiliated entities, is the world's largest generator of renewable energy from wind and solar.[6] In addition to wind and solar, NextEra Energy Resources owns and operates generating plants powered by natural gas, nuclear energy, and oil.[5] As of 2020, approximately 41% of NextEra Energy's generating capacity was from fossil fuels and non-renewables.[2] The company ranked 167th on the 2018 Fortune 500 of the largest United States corporations by revenue.[7]

  1. ^ "SEC Form 10-K". U.S. Securities and Exchange Commission. February 16, 2024. Retrieved March 9, 2024.
  2. ^ a b c "NextEra Energy, Inc. – United States Securities and Exchange Commission Annual Report, Form 10-K (2020)". NextEra Energy, Inc. Archived from the original on July 9, 2021. Retrieved July 4, 2021.
  3. ^ "Company Information". NextEra Energy, Inc. Archived from the original on June 13, 2017. Retrieved March 17, 2018.
  4. ^ [1], Yahoo Finance.
  5. ^ a b "Our Subsidiaries". NextEra Energy, Inc. Archived from the original on March 17, 2018. Retrieved March 17, 2018.
  6. ^ Nicholas, Simon (February 16, 2018). "World's #1 Renewable Energy Installer, NextEra, Powers on with Renewables Despite Trump". CleanTechnica. Archived from the original on July 2, 2018. Retrieved July 1, 2018.
  7. ^ "Fortune 500 Companies 2018". Archived from the original on January 15, 2019. Retrieved March 18, 2019.