NextEra Energy

NextEra Energy

Generates renewable wind and solar energy

About NextEra Energy

Simplify's Rating
Why NextEra Energy is rated
A+
Rated A+ on Competitive Edge
Rated A on Growth Potential
Rated A+ on Rating Differentiation

Industries

Energy

Company Size

5,001-10,000

Company Stage

IPO

Total Funding

$486.4K

Headquarters

Juno Beach, Florida

Founded

1984

Overview

NextEra Energy focuses on producing renewable energy, primarily from wind and solar sources. As the largest global producer in this sector, the company generates electricity through extensive wind and solar farms, selling this energy to utilities and large-scale buyers under long-term contracts. This model ensures a steady revenue stream while supporting significant investments in infrastructure, with plans to invest $50 to $55 billion in new projects. Unlike many competitors, NextEra Energy emphasizes innovation, being recognized as one of the most innovative companies globally, which helps them tackle complex energy challenges. Their goal is to lead in renewable energy production while promoting sustainability and community engagement, as evidenced by their substantial contributions to local initiatives and employee development.

💵
Funded Recently
Simplify Jobs

Simplify's Take

What believers are saying

  • The Inflation Reduction Act offers tax incentives for renewable energy projects.
  • Corporate renewable energy procurement is creating new opportunities for long-term PPAs.
  • Advancements in offshore wind technology open new expansion possibilities.

What critics are saying

  • Legal challenges, like Avangrid's lawsuit, could harm financials and reputation.
  • Community opposition may delay or halt new project developments.
  • Regulatory scrutiny from lawsuits could impact operations and public perception.

What makes NextEra Energy unique

  • NextEra Energy is the world's largest producer of wind and solar energy.
  • The company is recognized for its innovation, ranking among the top 20 globally.
  • NextEra Energy has a stable revenue stream from long-term energy contracts.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$486.4k

Above

Industry Average

Funded Over

3 Rounds

Post Ipo Equity funding comparison data is currently unavailable. We're working to provide this information soon!

Post Ipo Equity Funding Comparison Coming Soon

Company News

PR Newswire
Jan 30th, 2025
Nextera Energy Ranked No. 1 In Its Industry On Fortune'S List Of 'World'S Most Admired Companies'

Company is meeting the country's increasing energy demand with all forms of energy, growing the economy, keeping electricity prices as low as possible for customers and supporting the communities its projects call home.JUNO BEACH, Fla., Jan. 30, 2025 /PRNewswire/ -- Following a year where the company generated more electricity and invested more in energy infrastructure than any other company, NextEra Energy, Inc. (NYSE: NEE) has been named No. 1 in the electric and gas utilities industry on Fortune's 2025 list of the "World's Most Admired Companies" for the 17th time in 19 years."This recognition would not be possible without the relentless dedication, creativity and hard work of our more than 16,000 employees, who constantly uphold our company's 100-year legacy by driving innovation and excellence in our industry," said John Ketchum, NextEra Energy chairman, president and CEO. "Energy demand is growing exponentially, and we have the scale, experience and technology to deliver. With our ability to quickly deliver renewables plus storage to meet growing power demand and also pair gas-fired generation for capacity, we're right where we need to be to power America today and tomorrow

PR Newswire
Jan 28th, 2025
Nextera Energy Reaffirms Previously Announced Long-Term Financial Expectations

JUNO BEACH, Fla., Jan. 28, 2025 /PRNewswire/ -- NextEra Energy, Inc. (NYSE: NEE) today is reaffirming its long-term financial expectations following today's business update by XPLR Infrastructure, LP (NYSE: NEP). As discussed on its fourth-quarter and full-year 2024 financial results call held on Jan. 24, 2025, NextEra Energy continues to expect adjusted earnings per share to be in the ranges of $3.45 to $3.70 for 2025, $3.63 to $4.00 for 2026 and $3.85 to $4.32 for 2027. In addition, NextEra Energy's expected funding plan from 2024-2027 remains unchanged, including equity units of $5 billion to $7 billion and asset recycling of $5 billion to $6 billion.NextEra Energy, Inc.NextEra Energy, Inc

PR Newswire
Jan 24th, 2025
Nextera Energy Fourth-Quarter And Full-Year 2024 Financial Results Available On Company'S Website

JUNO BEACH, Fla., Jan. 24, 2025 /PRNewswire/ -- NextEra Energy, Inc. (NYSE: NEE) has posted its fourth-quarter and full-year 2024 financial results in a news release available on the company's website by accessing the following link: www.NextEraEnergy.com/FinancialResults.John Ketchum, chairman, president and chief executive officer of NextEra Energy, Brian Bolster, executive vice president, finance and chief financial officer of NextEra Energy, and other members of the company's senior management team will discuss the company's fourth-quarter and full-year 2024 financial results during an investor presentation to be webcast live, beginning at 9 a.m. ET today. The listen-only webcast will be available on NextEra Energy's website by accessing the following link: www.NextEraEnergy.com/FinancialResults. A replay will be available for 90 days by accessing the same link as listed above.NextEra Energy, Inc.NextEra Energy, Inc

PR Newswire
Jan 13th, 2025
Nextera Energy Announces Date For Release Of Fourth-Quarter And Full-Year 2024 Financial Results

JUNO BEACH, Fla., Jan. 13, 2025 /PRNewswire/ -- NextEra Energy, Inc. (NYSE: NEE) today announced that it plans to report fourth-quarter and full-year 2024 financial results before the opening of the New York Stock Exchange on Friday, Jan. 24, 2025, in a news release to be posted on the company's website at www.NextEraEnergy.com/FinancialResults. The company will issue an advisory news release over PR Newswire the morning of Jan. 24, with a link to the financial results news release on the company's website

PR Newswire
Dec 30th, 2024
Fpl To Seek New Rate Plan To Power Growing State With Unmatched Combination Of High Reliability And Low Bills

JUNO BEACH, Fla., Dec. 30, 2024 /PRNewswire/ -- Florida Power & Light Company today notified the Florida Public Service Commission (PSC) that it plans to file a formal request to set new rates once its current base rate agreement concludes at the end of 2025.The plan, covering 2026 through 2029, would enable FPL to continue to diversify the company's electricity generation mix, protecting customers from fuel price volatility, and continue to deliver some of the country's most reliable electricity to its 6 million customers, all while keeping bills as low as possible.Bill adjustments: FPL estimates that its proposal, along with projections for fuel and other costs, would increase a typical residential customer bill by an average annual rate of approximately 2.5% from January 2025 through 2029. Importantly, even with the proposed rate adjustment, FPL bills would remain well below the national average and below many other Florida electric utilities. Customers will be able to calculate potential adjustments to their bill after FPL files its formal plan.What's next: The customary process for setting new base rates takes about a year. FPL will submit a detailed four-year rate plan as early as February to the PSC, beginning an extensive public review process that includes numerous opportunities for input from customers prior to a decision by state regulators.How we got here: FPL's current four-year rate plan concludes at the end of 2025. It was agreed to by the state's consumer advocate and numerous environmental, business and customer groups and was unanimously approved by the PSC in 2021.A word from FPL President and CEO Armando Pimentel: "FPL has a proven track record of delivering value for our customers – including diverse energy sources, high reliability and low bills

USA Solar Cell
Dec 17th, 2024
Next Era launches Phillips 66 solar initiative

NextEra Energy has announced an exciting partnership with Phillips 66 to develop a substantial solar project at the Rodeo Renewable Energy Complex.

KLKN-TV
Dec 13th, 2024
Meeting on proposed 2,400-acre solar farm in Lancaster County gets heated

NextEra Energy is planning to build a 2,400-acre solar farm in southern Lancaster County.

New Hampshire Public Radio
Dec 2nd, 2024
Lawsuit filed against owners of Seabrook nuclear plant over alleged project sabotage

The lawsuit outlines other actions NextEra took to allegedly delay the transmission line, including filing challenges to the project throughout permitting processes and funding voter referendums aimed at scuttling the project, violating Maine's campaign finance laws.

IPLOCA
Nov 26th, 2024
Gulf Companies welcomes new Managing Director for the LATAM Region

Daniel joins Gulf from NextEra Energy, where he held the role of Director of Engineering and Construction for Midstream Assets and brings hands-on experience across the entire project lifecycle-from engineering and construction through commissioning and asset operations.

WGME
Nov 15th, 2024
Avangrid sues NextEra for alleged antitrust violations

Avangrid sues NextEra for alleged antitrust violations.

Press Herald
Nov 14th, 2024
Avangrid sues NextEra, claiming it sabotaged power corridor through western Maine

Avangrid sues NextEra, claiming it sabotaged power corridor through western Maine.

PR Newswire
Nov 6th, 2024
Nextera Energy To Participate In Eei Financial Conference And Meet With Investors Throughout November And December

JUNO BEACH, Fla., Nov. 6, 2024 /PRNewswire/ -- NextEra Energy, Inc. (NYSE: NEE) today announced that members of the senior management team will participate in the EEI Financial Conference from Sunday, Nov. 10, 2024, through Tuesday, Nov. 12, 2024, and participate in various investor meetings throughout November and December. They plan to discuss, among other things, long-term growth-rate expectations for NextEra Energy, reaffirming the company's previously announced adjusted earnings per share expectations ranges of $3.23 to $3.43 for 2024, $3.45 to $3.70 for 2025, $3.63 to $4.00 for 2026 and $3.85 to $4.32 for 2027

Power Systems Technology
Oct 30th, 2024
NextEra Energy to Raise $1.5 Billion for New Power Projects

NextEra Energy to raise $1.5 billion for new Power projects.

Recently Posted Jobs

Sign up to get curated job recommendations

There are no jobs for NextEra Energy right now.

Find jobs on Simplify and start your career today

💡
We update NextEra Energy's jobs every 8 hours, so check again soon! Browse all jobs →