Nextra Energy
NextEra Energy is a leading electric power and energy infrastructure company in North America, operating as one of the world's largest renewable energy producers. The company combines a large-scale regulated electric utility in Florida with a competitive energy business focused on clean energy generation, battery storage, and transmission assets. Its core value proposition centers on delivering reliable, low-cost energy through a diverse portfolio of natural gas, wind, solar, and nuclear facilities.
Financials
Based on Q1 2026 filing
Revenue
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Florida Power & Light Company (FPL)
primaryA rate-regulated electric utility engaged in the generation, transmission, distribution, and sale of electric energy in Florida. It is the largest electric utility in the U.S. by customer accounts and focuses on maintaining low rates through efficient operations and diverse fuel sources.
Retail Electric Service, Wholesale Electric Service, SolarTogether, FPL Storm Protection Plan
Residential, Commercial, Industrial, Wholesale customers
NextEra Energy Resources (NEER)
majorA competitive energy business that develops, constructs, and operates long-term contracted generation facilities, primarily focused on renewable energy and battery storage. It also includes rate-regulated electric and gas transmission assets and a customer supply business for commodity marketing and trading.
Wind Generation, Solar Generation, Battery Storage, Nuclear Generation, Natural Gas Pipelines, Electric Transmission, Renewable Energy Credits (RECs)
Utilities, Retail electricity providers, Power cooperatives, Municipal electric providers, Commercial and industrial customers, Data centers
Segment Financials
FPL — TOTAL ASSETS
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Competitive Position
The largest electric utility in the U.S. and a global leader in wind, solar, and battery storage capacity.
Geographies
United States, Canada, Florida
Customer Segments
Residential consumers, Enterprise commercial, Industrial manufacturing, Public sector municipalities, Wholesale energy markets
Upstream Dependencies
Natural gas suppliers, Nuclear fuel (uranium) providers, Solar panel and wind turbine manufacturers, Battery technology providers, Pipeline transportation services
Downstream Customers
Residential households, Commercial businesses, Industrial facilities, Municipal utilities, Data center operators
Competitors & Partners
Competitors
Southern Company
SO
Regional utility competitor and joint owner of coal assets
Duke Energy
DUK
Peer regulated utility and renewable energy developer
Dominion Energy
D
Peer utility and energy infrastructure competitor
Entergy
ETR
Major utility and renewable energy competitor
Xcel Energy
XEL
Major competitor in renewable energy development and utility operations
American Electric Power
AEP
Peer utility and renewable energy developer
Public Service Enterprise Group
PEG
Competitor in competitively bid transmission and renewable energy
Constellation Energy
CEG
Competitor in renewable energy development and power generation
CMS Energy
CMS
Competitor in the independent power production and renewable energy space
Vistra
VST
Large-scale renewable and utility competitor
Partners
International Brotherhood of Electrical Workers
Labor union representing a significant portion of the workforce
Goldman Sachs Group
GS
Former employer of executive leadership (Brian W. Bolster)
Bank of America
BAC
Former employer of executive leadership (Michael H. Dunne)
Subsidiaries
Florida Power & Light Company
Principal rate-regulated electric utility subsidiary
NextEra Energy Resources, LLC
Competitive energy and infrastructure subsidiary
NextEra Energy Capital Holdings, Inc.
Funding vehicle for non-FPL operating subsidiaries
NextEra Energy Transmission, LLC
Rate-regulated electric transmission business
Symmetry Energy Solutions
Acquired commercial and industrial natural gas business
NextEra Energy Marketing, LLC
Commodity marketing and trading arm
Nextra Energy FAQ
Common questions about Nextra Energy
NextEra Energy is a leading electric power and energy infrastructure company in North America, operating as one of the world's largest renewable energy producers. The company combines a large-scale regulated electric utility in Florida with a competitive energy business focused on clean energy generation, battery storage, and transmission assets. Its core value proposition centers on delivering reliable, low-cost energy through a diverse portfolio of natural gas, wind, solar, and nuclear facilities.
Nextra Energy (NEE) has a market capitalization of $187.06B and trades on NYSE.
Nextra Energy generated $27.6B in trailing twelve-month revenue with net income of $8.2B, representing a net margin of 29.6%, with free cash flow of $2.9B. These figures are based on the Q1 2026 filing.
Nextra Energy's key competitors include Southern Company, Duke Energy, Dominion Energy, and others. These companies compete in similar markets and product categories.
Nextra Energy has approximately 16,800 employees.