NextEra Energy, Inc. (NEE)

In October 2025, NextEra Energy reported a 5% year-over-year increase in its third-quarter operating revenue, totaling $7.97 billion, but fell short of expectations, while earnings increased by 10%. Florida Power & Light (FPL) initiated its 2025 base rate proceeding in February 2025, reaching a proposed settlement in August 2025. In December 2025, NextEra announced an expanded partnership with Google Cloud to develop approximately 15 gigawatts of new power generation capacity by 2035. The company forecasts higher adjusted profit growth in 2026 due to increased power demand from data centers. In January 2026, NextEra Energy's senior management was scheduled to hold investor meetings, and an executive defended the Mid-Atlantic Resiliency Link (MARL) power line project. Also in January 2026, a lawsuit was filed against a county judge in Arkansas regarding the use of industrial revenue bonds for a NextEra Energy subsidiary's solar farm. The company's stock price as of January 9, 2026, was $79.89 per share, reflecting a 19.31% increase from January 13, 2025.

For Florida Power & Light (FPL), electricity demand peaks during the summer months due to air conditioning use, with highest demands in July and lower demands in winter. Some utilities in the southeastern U.S., including those in Florida, can also experience winter peak events due to heating loads. The broader Southeast region is considered a dual-peaking area. For NextEra Energy Resources, demand seasonality varies significantly by geographic region and the type of energy generated.

NextEra Energy, Inc. (NEE) is the world's largest electric utility holding company by market capitalization, operating in the electric power industry, energy development, and renewable energy sectors. Its core business is divided into Florida Power & Light (FPL), the largest electric utility in Florida serving approximately 12 million people, and NextEra Energy Resources (NEER), a global leader in renewable energy generation. The company's offerings include electricity generation, transmission, distribution, energy storage, and energy supply and analytics solutions through its subsidiary, NextEra Energy Services.

NextEra Energy's operations are primarily in North America. Florida Power & Light (FPL) serves customers exclusively in Florida. NextEra Energy Resources operates in 32 U.S. states, four Canadian provinces, and one province in Spain. NextEra Energy Services provides residential electricity in Delaware, Massachusetts, New Hampshire, New Jersey, Ohio, Pennsylvania, Texas, and Washington D.C., and commercial electricity in Connecticut, Delaware, Illinois, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode Island, Texas, and Washington D.C. Commercial natural gas services are offered in Florida, Georgia, Illinois, Maryland, and New Jersey.

NextEra Energy maintained a strong brand reputation, ranking #1 in the electric and gas utilities industry on Fortune's list of World's Most Admired Companies in 2025. The company also appeared on Forbes' "America's Best Companies for 2025" list. A significant positive event was the expanded partnership with Google Cloud in December 2025, focusing on clean energy development, and NextEra Energy Resources secured approximately 2.5 gigawatts of clean energy contracts with Meta Platforms Inc. The FEC closed its file concerning a complaint about alleged violations of the FECA. However, the company faced reputational challenges, including an executive defending a controversial power line project and a lawsuit filed by Arkansas residents concerning a solar farm project.

Institutional investors own 83% of NextEra Energy, Inc. stock. The largest institutional shareholders are The Vanguard Group, Inc. (10%), BlackRock, Inc. (7.7%), and State Street Global Advisors, Inc. (approximately 5.3%). Other major institutional owners include JPMorgan Chase & Co, Morgan Stanley, and Geode Capital Management, LLC. Insider ownership is less than 1%.