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Dipanjan Banchur

How Is NextEra Energy's Stock Performance Compared to Other Utilities Stocks

NextEra Energy, Inc. (NEE), headquartered in Juno Beach, Florida, is a leading clean energy company. The company owns Florida Power & Light Company, America’s largest electric utility that provides electricity to approximately 5.9 million customers, or more than 12 million people across Florida. Valued at $154.89 billion by market cap, the company’s clean energy business, NextEra Energy Resources, LLC, is the world’s largest renewable energy generator, harnessing wind and solar power. It is also a world leader in battery storage. NEE also generates electricity from seven commercial nuclear power units in Florida, New Hampshire, and Wisconsin.

Companies worth $10 billion or more are generally described as “large-cap stocks,” and NEE fits right into that category. With its presence across 49 states and four Canadian provinces, NEE actively invests in clean energy throughout North America.

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