JUNO BEACH, Fla., Jan. 21, 2020 /PRNewswire/ -- NextEra Energy,
Inc. (NYSE: NEE) today announced it has been named to Fortune's
2020 list of the "World's Most Admired Companies" and ranked No. 1
in the electric and gas utilities industry for the 13th time in 14
years. NextEra Energy, whose principal businesses are Florida Power & Light Company (FPL), Gulf
Power Company (Gulf Power) and NextEra Energy Resources, LLC, is
also among the top 20 companies worldwide, across all industries,
for innovation, people management and quality of management.
NextEra Energy was also recognized among the top 10 companies
worldwide, across all industries, for social responsibility and use
of corporate assets.
"We are honored to be recognized again on Fortune's prestigious
list as the leader within our industry, as well as ranked among the
top 10 companies worldwide, across all industries, for social
responsibility," said Jim Robo,
NextEra Energy chairman and chief executive officer. "At NextEra
Energy, success is driven by our people, who are solving the
world's toughest energy challenges and helping build a sustainable
energy era that is affordable, efficient and clean. This
recognition is a testament to the hard work and commitment to
excellence of our employees, who remain focused on innovative
solutions and continuous improvement for the benefit of our
customers, shareholders and communities."
In the electric and gas utilities industry, NextEra Energy
ranked No. 1 for all nine rated attributes, including innovation,
people management, use of corporate assets, social responsibility,
quality of management, financial soundness, long-term investment
value, quality of products/services and global competitiveness.
Performance highlights for NextEra Energy include:
- Leading the world in wind and solar energy –
NextEra Energy remains the world's largest generator of renewable
energy from the wind and sun. NextEra Energy Resources has more
wind capacity in its portfolio than all but seven countries in the
world. FPL, a national leader in solar energy, is installing more
than 30 million solar panels by 2030 as part of the company's
groundbreaking "30-by-30" plan, which is one of the world's largest
solar expansions. In fact, FPL plans to bring 10 more solar power
plants currently under construction into operation in 2020
alone.
- Investing in American infrastructure – NextEra
Energy was America's No. 1 capital investor in energy
infrastructure and the fifth largest capital investor across all
sectors in 2018. Additionally, NextEra Energy is planning to make
between $50 billion and $55 billion in new infrastructure investments
through 2022.
- Providing outstanding value for shareholders –
NextEra Energy has a long-term track record of delivering value to
shareholders. For the 15 years ending Dec.
31, 2019, NextEra Energy delivered a total shareholder
return of approximately 945% compared to 309% for the S&P 500
Utilities and 264% for the S&P 500 Index.
- Respecting our environment – In 2018, NextEra Energy
achieved its lowest-ever emissions rates of SO2,
NOx and CO2 – rates that were 96%, 81% and
55% lower, respectively, than the average U.S. utility sector. The
company's new goal is to reduce its carbon dioxide (CO2)
emissions rate by 67% by 2025, from a 2005 baseline. In our view,
no one in any industry has done more than NextEra Energy to address
CO2 emissions.
- Providing outstanding customer value – Consistently one
of the nation's cleanest and most reliable electric utilities with
bills nearly 30% below the national average and among the lowest of
all 54 electric providers in the state of Florida, FPL is focused
on creating innovative solutions to drive down costs and continue
to improve tangible benefits for its more than 5 million customers.
Gulf Power, which joined NextEra Energy in January 2019, provides customers across
Northwest Florida with reliable
and environmentally responsible energy. The Gulf Power team remains
focused on improving the customer value proposition by providing
lower costs, higher reliability, outstanding customer service and
clean energy solutions.
- Providing outstanding reliability – In 2019, FPL
was named the winner of the ReliabilityOne™ National Reliability
Excellence Award for the fourth time in five years. This
recognition, presented by PA Consulting, reflects FPL's continued
efforts to strengthen the energy grid and invest in innovative
smart grid technology.
- Responding to unprecedented natural disasters – In
2019, FPL and Gulf Power were both recognized by the Edison
Electric Institute for their support in severe weather restoration
efforts.
Fortune's annual list is based on ratings from executives,
directors and analysts, who rate the highest-revenue companies
within their industry on nine criteria including innovation, people
management, use of corporate assets, social responsibility, quality
of management, financial soundness, long-term investment value,
quality of products/services and global competitiveness.
View the complete results for Fortune's 2020 list of the
"World's Most Admired Companies."
NextEra Energy, Inc.
NextEra Energy,
Inc. (NYSE: NEE) is a leading clean energy company
headquartered in Juno Beach, Florida. NextEra Energy owns two
electric companies in Florida: Florida Power & Light
Company, which serves more than 5 million customer accounts
in Florida and is one of the largest rate-regulated
electric utilities in the United
States; and Gulf Power Company, which serves more than
460,000 customers in eight counties throughout
northwest Florida. NextEra Energy also owns a competitive
energy business, NextEra Energy Resources, LLC, which,
together with its affiliated entities, is the world's largest
generator of renewable energy from the wind and sun and a world
leader in battery storage. Through its subsidiaries, NextEra Energy
generates clean, emissions-free electricity from eight commercial
nuclear power units in Florida, New
Hampshire, Iowa and Wisconsin. A Fortune 200 company
and included in the S&P 100 index, NextEra Energy has been
recognized often by third parties for its efforts in
sustainability, corporate responsibility, ethics and compliance,
and diversity. NextEra Energy is ranked No. 1 in the electric and
gas utilities industry on Fortune's 2020 list of "World's Most
Admired Companies" and ranked among the top 25 on Fortune's 2018
list of companies that "Change the World." For more information
about NextEra Energy companies, visit these
websites: www.NextEraEnergy.com, www.FPL.com, www.GulfPower.com, www.NextEraEnergyResources.com.
NextEra Energy, Inc.
Media Line: 561-694-4442
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