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Barchart
Kritika Sarmah

Is NextEra Energy Stock Outperforming the S&P 500?

NextEra Energy, Inc. (NEE), headquartered in Juno Beach, Florida, is a public utility holding company involved in the generation, transmission, distribution, and sale of electric energy across the U.S. and Canada. Valued at $165.4 billion by market cap, it generates significant electricity from wind and solar sources and aims to reduce total carbon emissions by 67% by 2025 compared to 2005 levels.

Companies worth $10 billion or more are generally described as “large-cap stocks,” and NEE fits right into that category. NextEra Energy is a leading clean energy company with operations in 49 states and four Canadian provinces. It owns Florida Power & Light Company, the largest electric utility in the U.S., serving around 5.9 million customers across Florida. Its clean energy subsidiary, NextEra Energy Resources, LLC, is the world's largest renewable energy generator.

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