NextEra Energy Inc.

NextEra Energy Inc. is an American energy company founded in 1925, headquartered in Juno Beach, Florida. Under CEO John Ketchum, NextEra trades on NYSE (NEE) with $60B+ revenue and 45,000 employees. The company operates Florida Power & Light (5.7M customers) and NextEra Energy Resources (28GW renewable pipeline), making it America's largest utility-owned solar fleet (7.9GW) and leading renewable energy generator with 40,000MW total capacity.

NextEra Energy traces its origins to 1925 with the founding of Florida Power & Light Company, established to provide electric utility services to customers in the rapidly growing state of Florida. Throughout the 20th century, FPL grew systematically to become one of the largest electric utilities in the United States, expanding its service territory and modernizing its infrastructure to meet the growing demands of Florida's population and economic development.

In 2006, Florida Power & Light Company changed its parent holding company name to NextEra Energy Inc., reflecting the company's strategic expansion beyond traditional utility operations into renewable energy generation. This transformation marked a significant shift in the company's business model, as it launched NextEra Energy Resources to focus specifically on renewable energy generation, including wind and solar power projects across the United States.

Throughout the 2010s and 2020s, NextEra Energy expanded its renewable energy portfolio significantly, becoming one of the world's largest generators of wind and solar power. The company invested billions of dollars in clean energy infrastructure and technology, positioning itself as a leader in the global energy transition. This period saw NextEra Energy Resources develop, construct, and operate numerous wind farms, solar facilities, and battery storage projects across multiple states.

In 2025, NextEra Energy celebrated its 100th anniversary of powering progress, having delivered stable, secure and scalable power solutions that revitalized communities with new investments, new jobs, and new purpose throughout the last century. The company posted strong financial results, with Q1 2025 adjusted earnings of $2.038 billion ($0.99 per share), representing a 9% year-on-year increase, while Florida Power & Light recorded net income of $1.316 billion ($0.64 per share).

The year 2025 marked significant achievements for both segments of the business. Florida Power & Light brought 894 megawatts of solar capacity online during Q1, expanding its total owned solar portfolio to over 7.9 GW—making it the largest utility-owned solar fleet in the United States. The company's newly submitted Ten-Year Site Plan projects over 17 GW of new solar and 7.6 GW of battery storage by 2034, demonstrating ambitious clean energy expansion goals.

NextEra Energy Resources added approximately 3.2 GW of new renewable and storage projects to its backlog in Q1 2025, bringing the total pipeline to roughly 28 GW. The segment continued to see strong demand across all sectors for clean energy solutions, with adjusted earnings rising to $908 million ($0.44 per share) compared with $828 million ($0.40 per share) in Q1 2024.

In 2026, NextEra Energy reaffirmed its adjusted earnings guidance for 2025 at $3.45 to $3.70 per share, with expectations of continued growth through 2027, with earnings guidance ranges rising to $4.32 per share by the end of the period. The company maintains a dividend growth target of around 10% annually through at least 2026, demonstrating confidence in its long-term financial outlook and operational performance.

Under the leadership of Chairman, President and CEO John Ketchum, NextEra Energy continues to position itself as America's leading infrastructure builder, recognizing that grids don't build or modernize themselves, and resilience doesn't happen by chance. The company is always building—power plants of all kinds, infrastructure to fuel them, and the network to move the power they generate from coast to coast, serving over 16,000 employees across its extensive energy infrastructure network spanning 49 states and 4 Canadian provinces.