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Sristi Jayaswal

How Is NextEra Energy’s Stock Performance Compared to Other Utility Stocks?

Headquartered in Juno Beach, Florida, NextEra Energy, Inc. (NEE) generates, transmits, distributes, and sells electric power. The company operates approximately 35,052 megawatts of net generating capacity, supported by roughly 91,000 circuit miles of transmission and distribution lines and 921 substations. 

With a market cap of approximately $148.4 billion, it serves about 12 million people through nearly 6 million customer accounts along Florida’s east and lower west coasts. Companies worth $10 billion or more are generally described as “large-cap” stocks, and NextEra’s market cap places it firmly in the “large-cap” category, highlighting its substantial size, operational stability, and influence within the Utilities sector.

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