NextEra Energy

NextEra Energy
Public
Traded as NYSE: NEE
Dow Jones Utility Average Component
Industry Electric Utilities
Founded 1925
Headquarters Juno Beach, Florida, United States
Area served
United States & Canada
Key people
James L. Robo Chairman & CEO, Armando Pimentel, President and CEO, NEER
Products Electricity
Revenue IncreaseUS$ 17.0 billion (FY 2014)[1]
IncreaseUS$ 4.4 billion (FY 2014)[1]
IncreaseUS$ 2.5 billion (FY 2014)[1]
Total assets IncreaseUS$ 74.9 billion (FY 2014)[1]
Total equity IncreaseUS$ 19.9 billion (FY 2014)[1]
Number of employees
13,800[2]
Divisions Florida Power & Light
NextEra Energy Resources
FPL Fibernet
NextEra Energy Partners
Website www.nexteraenergy.com

NextEra Energy, Inc. (NEE) is a Fortune 200 energy company with about 44,900 megawatts of generating capacity, revenues of approximately $17 billion, and about 13,800 employees in 27 states and Canada. NEE is listed as #191 in the 2014.[2][3] Its subsidiaries include Florida Power & Light (FPL), NextEra Energy Resources (NEER), and FPL FiberNet.

In 2011, NEE was listed by Fortune Magazine as the most admired company in the industry of electric and gas utilities.[4]

On December 4, 2014, NEE announced its plans to purchase Hawaiian Electric Industries for $4.3 billion[5] "in a bet it can reduce the nation’s highest rates by using more renewable energy."

In the news

In April 2009, BusinessWeek magazine reported the company (at the time FPL Group) was one of 25 US companies that paid the least US taxes. FPL Group paid a 1.3 percent annual tax rate, far less than the standard 35 percent corporate rate, based on an analysis of the company's financial figures for 2005–2008. On more than $7 billion in company earnings during this four-year period, FPL Group paid $88 million in taxes. The company was able to take advantage of certain tax breaks for developing alternative energy. A company spokesperson said the company is merely taking advantage of incentives to develop renewable resources.[6]

In 2015, NextEra donated $1 million to a Super PAC supporting Jeb Bush's presidential candidacy.[7]

References

  1. 1 2 3 4 5 "NextEra Energy, Inc. (NEE)". Yahoo! Finance.
  2. 1 2 NEE: Our Company (url), NextEra Energy, 2014
  3. "Fortune 500 2014". CNN Money. Rank 191 on "Full List". Retrieved 10 July 2014.
  4. "NextEra Energy". World's Most Admired Companies. CNN Money. Retrieved 26 December 2011.
  5. "NextEra Buys Hawaii's Biggest Utility in Green Energy Test". Bloomberg L.P. Retrieved 5 December 2014.
  6. "U.S. Companies That Paid the Least Taxes". Bloomberg. Retrieved 2015-05-08.
  7. "Million-Dollar Donors in the 2016 Presidential Race". New York Times. 25 August 2015. Retrieved 14 October 2015.

External links


This article is issued from Wikipedia - version of the Friday, January 08, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.