NextEra Energy

Generates renewable wind and solar energy

Juno Beach, Florida, United States

About NextEra Energy

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.

Juno Beach, FloridaHeadquarters
1984Year Founded
$486.4KTotal Funding
IPOCompany Stage
EnergyIndustries
5,001-10,000Employees

Risks

Legal challenges, like Avangrid's lawsuit, could harm NextEra's reputation and finances.
Community opposition may delay projects, as seen in Lancaster County's solar farm.
Regulatory hurdles from lawsuits could impact future project approvals and partnerships.

Differentiation

NextEra Energy is the world's largest producer of wind and solar energy.
The company invests heavily in infrastructure, with $50-$55 billion planned through 2022.
NextEra is recognized as a top 20 innovative company globally by Fortune.

Upsides

The Inflation Reduction Act offers tax incentives, reducing NextEra's project costs.
Advancements in battery storage enhance the reliability of NextEra's energy solutions.
Growing electrification in transportation increases demand for NextEra's renewable energy.

Funding

Total raised$486.4 K
StageIPO
POST IPO DEBT
1/31/2024
$900