NextEra Energy

About NextEra Energy

NextEra Energy, Inc. is a leading player in the renewable energy sector, specializing in wind and solar energy. As the largest producer of wind and solar energy in the world, the company is dedicated to environmental stewardship and sustainability. NextEra Energy operates primarily in the United States, serving a diverse range of clients including residential, commercial, and industrial customers who are looking for clean and reliable energy solutions.

The company’s business model revolves around generating and selling renewable energy. They invest heavily in infrastructure, with plans to invest between $50 and $55 billion in new projects through 2022. This investment strategy not only supports their growth but also contributes to the creation of high-paying American jobs. NextEra Energy makes money by selling the electricity generated from their wind and solar farms to utilities and other large-scale energy buyers under long-term contracts. This provides a stable and predictable revenue stream.

NextEra Energy is also committed to innovation and continuous improvement. They are recognized as one of the top 20 most innovative companies in the world by Fortune. Their focus on innovation helps them develop industry-leading solutions to complex energy challenges, ensuring they remain at the forefront of the renewable energy market.

The company places a strong emphasis on community and employee engagement. In 2018, NextEra Energy and its employees contributed over $13.7 million to community initiatives and logged 85,000 volunteer hours. They also invest in their workforce, with employees spending over 1.1 million hours on skill enhancement in 2018 alone.

Financially, NextEra Energy has delivered impressive returns to its shareholders, with a total shareholder return of 945% over the last 15 years and 380% over the last decade, outperforming both their peers and the S&P 500.