NextEra Energy, Inc. Series N J (NEE-PN) NYSE
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Address
700 Universe Boulevard
Juno Beach, FL 33408
United States of America (the)
Phone
561 694 4000
Sector
Utilities
Industry
Regulated Electric
Employees
16800
First IPO Date
June 19, 2014
NextEra Energy, Inc. stands as a prominent energy enterprise primarily involved in the generation, transmission, distribution, and sale of electrical power to both individual consumers and large-scale buyers throughout North America. The company diversified its power production using a mix of sources, including renewables like wind and solar, alongside nuclear, coal, and natural gas facilities. Beyond its core utility operations, NextEra Energy, through its subsidiaries, is dedicated to developing, constructing, and managing long-term contracted assets. These assets specifically focus on clean energy solutions, such as renewable power plants, battery storage systems, and crucial electricity transmission infrastructure. The company also trades energy commodities and actively owns, develops, builds, operates, and oversees electric generation facilities within competitive wholesale energy markets. As of December 31, 2021, NextEra Energy possessed a significant operational footprint, reporting approximately 28,564 megawatts of net generating capacity, an expansive network of around 77,000 circuit miles of transmission and distribution lines, and 696 substations. In Florida, the company serves a substantial portion of the population, supplying electricity to an estimated 11 million individuals through about 5.7 million customer accounts located on the state's eastern and lower western coastlines. Tracing its origins to 1925, the company was initially incorporated as FPL Group, Inc., before officially adopting its current name, NextEra Energy, Inc., in 2010. Its corporate headquarters are situated in Juno Beach, Florida.