NextEra Energy Inc - Company Profile

Powered by

All the data and insights you need on NextEra Energy Inc in one report.

  • Save hours of research time and resources with
    our up-to-date NextEra Energy Inc Strategy Report

  • Understand NextEra Energy Inc position in the market,
    performance and strategic initiatives.

  • Gain competitive edge and increase your
    chances of success

Back to companies

NextEra Energy Inc: Segment Analysis

Business Description

NextEra Energy Inc (NEE) is an electricity and energy infrastructure company, which owns electric companies, Florida Power & Light and Gulf Power Co in Florida and also owns NextEra Energy Resources.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Business Segments

Overview

Generates, transmits, distributes and sells electricity. It serves residential, commercial, industrial, wholesale and other customers. Produces energy using natural gas, coal, nuclear and solar sources. It holds 225 franchise agreements with various municipalities and counties in Florida with expiry dates through 2052. It also provides service to 11 other municipalities and 27 unincorporated areas in its service area without franchise agreements in conformance to the general coherent to the general obligation to serve as a public utility. Buys and sells wholesale energy commodities such as natural gas, oil and electricity. It procures natural gas and oil for its use in power generation and sells excess natural gas, oil and electricity. In FY2023, the segment incurred a capital expenditure of US$9,400 million, which grew 2.3% YoY.

Performance

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Overview

Owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets. Develops and constructs battery storage projects. Also carries out energy-related commodity marketing and trading, including entering into financial and physical contracts to hedge the production from its generation assets. These contracts primarily include power and gas commodities and their related products; and it also participates in natural gas, natural gas liquids and oil production primarily through non-operating ownership interests, and in pipeline infrastructure development, construction, management and operations; and hedges the expected output from its gas infrastructure production assets to protect from price movements. It provides full energy and capacity requirement services primarily to distribution utilities and offers power and gas and related risk management services to wholesale customers. In FY2023, the segment incurred a capital expenditure of US$15,652 million, which grew 62.3% YoY.

Performance

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Subscribe for access to business segment analysis Subscribe for access to business segment analysis Find out more



Still looking?

Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.

Explorer

Access more premium companies when you subscribe to Explorer

Start of HubSpot Embed Code End of HubSpot Embed Code