NextEra Energy, Inc.: Providing Efficient yet clean Energy for all
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NextEra Energy, Inc.: Providing Efficient yet clean Energy for all

After several decades of industry-wide change from a variety of external and internal forces, the power and utility industry now faces a new wave of powerful disruption from progressing technology and shareholder performance expectations. At the same time, converging pressures from grid modernization, an aging workforce, growing client demands for affordable, reliable and environmentally sustainable electricity, governmental regulations and IT integration are bringing immense challenges that companies must solve through effective lean operations. The industry has to meet these expectations all while driving utilities to strategically maneuver and create value for their stakeholders. As a well-established organization that has weathered these tumultuous changes in the economy and the subsequent consumer expectations, NextEra Energy, Inc. (NYSE: NEE) is a leading clean energy company headquartered in Florida, serving more than five million consumers in the state.

NextEra Energy owns two electric companies in Florida: Florida Power & Light Company (FPL), the largest rate-regulated electric utility in the United States as measured by retail electricity produced and sold; and Gulf Power Company, which serves more than 460,000 customers in eight counties throughout northwest Florida. NextEra Energy also owns and operates a competitive energy business, NextEra Energy Resources (NEER), which together with its affiliated entities is the world’s largest generator of solar and wind energy and a world leader in battery storage. Through its subsidiaries, the company generates clean and emissions-free electricity from eight commercial nuclear power units situated across Florida, New Hampshire, Iowa, and Wisconsin. The company—playing a large role in the energy industry—also participates in natural gas production and pipeline infrastructure development.


“NextEra Energy provides full energy and capacity requirements services while also engaging in power and gas marketing and trading activities”


“NextEra Energy provides full energy and capacity requirements services while also engaging in power and gas marketing and trading activities,” says James L. Robo CEO of NextEra Energy, Inc.

With steadfast goals to help the American utility and power market rise, NextEra Energy is a pioneer in developing innovative battery energy storage systems. With more than 140 MW of battery energy storage systems in operation, it ensures that its clients have the energy they need, whenever they need it. With a large amount of operational storage, NextEra can store energy when the demand is low and supply when energy demand is high. Its 20-MW Pinal Central Solar Energy Center is Arizona’s largest utility-scale solar energy center paired with a battery storage system. Along with generating enough solar energy to power 5,000 homes, this facility stores excess energy in a lithium-ion battery storage system.

The company’s vast expertise in mergers and acquisitions of utility firms helps drive results across the full transaction lifecycle spanning strategic option selection, right positioning, and precise execution, all of which are tailored to drive valuation, certainty, and consumer satisfaction. NextEra Energy remains as one of the world's largest generator of renewable energy from the wind and sun. FPL, a national leader in solar energy, aims to install more than 30 million solar panels by 2030 as part of the company's groundbreaking "30-by-30" plan, which is also one of the world's largest solar expansions. FPL also plans to add 10 more solar power plants currently under construction and bring them into operation in 2020 alone.

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Company
NextEra Energy, Inc.

Headquarters
Juno Beach, FL

Management
James L Robo, CEO and Juno Beach, FL

Description
NextEra Energy, Inc. is a leading clean energy company that serves more than five million customer accounts in Florida and is the largest rate-regulated electric utility in the United States as measured by retail electricity produced and sold. NextEra Energy also owns a competitive energy business, NextEra Energy Resources, LLC, which, together with its affiliated entities, is the world’s largest generator of renewable energy from the wind and sun and a world leader in battery storage. NextEra is a Fortune 200 company and is included in the S&P 100 index