NextEra Energy, Inc. (NEE) is the largest utility and renewable energy company in America. NEE has two business segments: 1) Utility business via Florida Power & Light Company (FPL), America’s largest rate-regulated electric utility that provides clean electricity to more than 12m people across Florida, with c.28,450 megawatts (MW) of net generating capacity; and 2) Energy Resources business, primarily renewables, via NextEra Energy Resources, LLC (NEER), world’s largest generator of renewable energy from wind and solar and a world leader in battery storage. FPL and Energy Resources contributed 65% and 35% to FY22 adjusted EPS respectively.
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