NextEra Energy Inc.
American energy company providing electricity generation, transmission, and distribution through its subsidiaries including Florida Power & Light and NextEra Energy Resources.
Company Type
public
Founded
1925
Headquarters
Juno Beach, Florida, USA
Stock
NYSE: NEE
Revenue
approximately $24.5 billion (FY2024)
Employees
Approximately 45,000
Primary Market
United States
About 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.
History of NextEra Energy Inc.
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.
Brands Owned by NextEra Energy Inc.
NextEra Energy Inc. owns 4 brands in our database.
Florida Power & Light
Owned by NextEra Energy Inc.
NextEra Energy's primary electric utility subsidiary providing electricity to millions of customers across Florida.
Gulf Power Company
Owned by NextEra Energy Inc.
Former electric utility serving approximately 470,000 customers in northwest Florida, founded in 1911 and operated as an independent utility under Southern Company until NextEra Energy acquired it in January 2019 for approximately $6.475 billion; Gulf Power was legally merged into Florida Power and Light (FPL) on January 1, 2022, and no longer exists as a separate operating entity.
NextEra Energy Resources
Owned by NextEra Energy Inc.
NextEra Energy's wholesale clean energy generation subsidiary (formerly FPL Energy before 2009), the world's largest operator of wind and solar projects with 31 gigawatts of clean energy in operation as of June 2024, targeting 36.5 to 46.5 gigawatts of new wind, solar, and battery storage projects by 2027.
Seabrook Station
Owned by NextEra Energy Inc.
NextEra Energy's nuclear power plant providing clean electricity generation in New Hampshire.
Stock Information
NextEra Energy Inc. Ownership: Pros & Cons
Advantages
- +Market leadership in renewable energy generation
- +Stable utility business with regulated rates
- +Large customer base and established infrastructure
- +Strong investment in clean energy transition
- +Diversified energy portfolio across multiple sources
- +Significant R&D and innovation capabilities
Considerations
- -Regulatory oversight of utility operations
- -Dependency on weather conditions for renewable energy
- -Capital-intensive business model
- -Competition in renewable energy market
- -Environmental and climate policy changes
- -Grid modernization and infrastructure challenges
Frequently Asked Questions About NextEra Energy Inc.
Who owns NextEra Energy?
NextEra Energy is an independent, publicly traded company owned by its shareholders. The company operates without any parent organization or controlling owner, trading on the New York Stock Exchange under the ticker symbol NEE. Shares are distributed among institutional investors, mutual funds, and individual shareholders worldwide, with no single entity having controlling ownership.
Is NextEra Energy publicly traded?
Yes, NextEra Energy is publicly traded on the New York Stock Exchange under the ticker symbol NEE. The company has been publicly traded for decades, allowing investors to purchase shares and own a portion of one of America's largest energy companies.
When was NextEra Energy founded?
NextEra Energy traces its origins to 1925 with the founding of Florida Power & Light Company. The parent holding company was renamed NextEra Energy Inc. in 2006 to reflect the company's expansion beyond traditional utility operations into renewable energy generation.
Who is the CEO of NextEra Energy?
John Ketchum serves as Chairman, President and CEO of NextEra Energy. Under his leadership, the company has continued its strong growth trajectory in both regulated utility operations and renewable energy generation, maintaining its position as America's leading clean energy infrastructure builder.
What does NextEra Energy do?
NextEra Energy operates through two primary segments: Florida Power & Light Company (electric utility serving 5.7 million customers) and NextEra Energy Resources (renewable energy generation). The company generates electricity from diverse sources including nuclear, natural gas, wind, and solar, with over 40,000 MW of total generating capacity and 28 GW in its renewable pipeline.
Where is NextEra Energy headquartered?
NextEra Energy is headquartered in Juno Beach, Florida, USA. The company's operations span 49 states and 4 Canadian provinces, with major business units including Florida Power & Light (serving Florida customers) and NextEra Energy Resources (operating renewable projects across North America).
What is NextEra Energy's market position?
NextEra Energy is one of the largest energy companies globally, with significant positions in electric utilities and renewable energy generation. The company is a leader in wind and solar power generation in the United States, operating the largest utility-owned solar fleet (7.9 GW) and serving as the third largest electric utility company in the United States.
What are NextEra Energy's recent achievements?
In 2025, NextEra Energy celebrated its 100th anniversary and posted strong Q1 results with adjusted earnings of $2.038 billion ($0.99 per share), a 9% year-on-year increase. Florida Power & Light brought 894 MW of solar capacity online, expanding its total solar portfolio to over 7.9 GW, while NextEra Energy Resources added 3.2 GW of new renewable and storage projects, bringing its total pipeline to roughly 28 GW.
What are NextEra Energy's future plans?
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's 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.
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