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NEE Stock - NextEra Energy


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NextEra Energy, Inc., headquartered in Juno Beach, Florida, is a leading provider of electric power across North America through its subsidiaries. Established in 1925 and formerly known as FPL Group, Inc., the company rebranded to NextEra Energy, Inc. in 2010. NextEra Energy's operations encompass the generation, transmission, distribution, and sale of electricity to retail and wholesale customers. The company boasts a diverse portfolio of electricity generation assets, including wind, solar, nuclear, coal, and natural gas facilities.

In addition to its traditional generation facilities, NextEra Energy is a pioneer in clean energy solutions. The company develops, constructs, and operates long-term contracted assets focused on renewable generation facilities, battery storage projects, and electric transmission facilities. It also engages in the sale of energy commodities and manages electric generation facilities within wholesale energy markets. As of December 31, 2021, NextEra Energy maintained approximately 28,564 megawatts of net generating capacity, supported by a robust infrastructure of approximately 77,000 circuit miles of transmission and distribution lines, and 696 substations.

NextEra Energy serves a broad customer base of approximately 11 million people through approximately 5.7 million customer accounts in regions spanning the east and lower west coasts of Florida. Committed to innovation and sustainability, NextEra Energy continues to lead the industry in advancing clean energy initiatives and enhancing grid reliability, contributing to environmental stewardship and economic growth across the communities it serves.

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Stock Sector: Utilities: Electric Utilities

 

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