Established as Florida Power & Light Company in 1925, NextEra Energy (NYSE: NEE) adopted its current name in 2010 to reflect its commitment to the environment and renewable energy. Today, NextEra Energy is not only the world’s largest utility company, but also a leading clean energy company.
The past decade has witnessed an important shift in the market for renewable energy. Wind and solar have emerged as more cost-effective alternatives to fossil fuels, and their affordability continues to improve. NextEra Energy has invested over $160 billion into renewables since 2010, becoming the world’s largest wind and solar energy generator. The company is also a leader in energy storage, which enables the broader adoption of renewable energy by ensuring a more stable grid.
NextEra Energy remains focused on both its balance sheet strength and investing for the future by maintaining a long-term debt-to-capital ratio of around 50%. Even as the company positions itself for the clean energy revolution, NextEra Energy has consistently returned value to its shareholders through increasing dividends. In fact, the company expects double-digit annual dividend growth through at least 2024, rewarding investors for participating in the transition to a sustainable energy future.
Source: Bloomberg, 12/31/96-6/30/23. Past performance does not guarantee future results. Indexes are unmanaged and do not include the effect of fees. One cannot invest directly in an index.
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 Source: International Renewable Energy Agency. Levelized Cost of Energy, 2010–2021.
 Source: NextEra Energy Investor Relations, Cash Flow Quality and Leverage.
 Source: Bloomberg. TTM data, 2014–2022.
 Source: NextEra Energy Investor Relations, 4th Quarter 2022 Earnings Release.