JUNO BEACH, Fla., Feb. 2, 2022 /PRNewswire/ -- NextEra Energy,
Inc. (NYSE: NEE) announced it has been named to Fortune's 2022 list
of the "World's Most Admired Companies" and ranked No. 1 in
the electric and gas utilities industry for the 15th time in 16
years. NextEra Energy, whose principal businesses are Florida
Power & Light Company (FPL) and NextEra Energy Resources,
LLC, is also only one of two Florida-based companies to rank No. 1
in its industry across all of the sectors covered by Fortune's 2022
list.
![(PRNewsfoto/NextEra Energy, Inc.) (PRNewsfoto/NextEra Energy, Inc.)](https://mma.prnewswire.com/media/1653740/NextEra_Energy_Logo.jpg)
"We are honored to be recognized again on Fortune's prestigious
list as the leader within our industry," said Jim Robo,
NextEra Energy chairman and chief executive officer. "This
recognition reflects our success to execute our long-term strategy
of generating clean, renewable energy, while protecting the
environment and giving back to our communities for the benefit of
our customers, shareholders and employees. Our team of 15,000
talented professionals work every day to identify ways to improve
our business so that we can deliver even more value to the
customers we serve. Through the hard work, perseverance and
commitment to excellence of our employees, we are shaping how
energy is produced and delivered while advancing a sustainable
energy future."
In the electric and gas utilities industry, NextEra Energy
ranked No. 1 for eight of the nine rated attributes, including
innovation, people management, use of corporate assets, 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, solar and battery storage
energy – NextEra Energy is the world's largest generator of
renewable energy from the wind and sun and a world leader in
battery storage. NextEra Energy Resources continues to advance its
position as the leading developer and operator of wind, solar and
battery storage projects. In 2021 NextEra Energy Resources had a
record year of renewables execution, adding roughly 7,200 net
megawatts (MW) of new renewables and battery storage projects to
its backlog, as well as commissioning approximately 3,800 MW of
wind, solar and storage projects. FPL, a national leader in solar
energy, placed another 671 MW of cost-effective solar in service,
which completed the first phase of its SolarTogether community
solar program. In addition, FPL commissioned the world's largest
integrated solar-powered battery system, the 409-MW Manatee Energy
Storage Center, which will allow FPL customers to continue to
benefit from low-cost renewable energy. Beyond solar, construction
on both the highly efficient, roughly 1,200-MW Dania Beach Clean
Energy Center and the North Florida Resiliency Connection remain on
schedule and on budget as they continue to advance toward projected
commercial operation dates later this year.
- Investing in American infrastructure – NextEra Energy
invested more than $14.6 billion in
clean energy infrastructure in 2021 and more than $110 billion over the last decade. NextEra Energy
is one of the largest capital investors across any industry in the
U.S. over this period.
- Providing outstanding value for shareholders – In 2021,
NextEra Energy delivered a total shareholder return of more than
23%, significantly outperforming the S&P 500 Utilities Index,
and continuing to outperform both the S&P 500 and the S&P
500 Utilities Index in terms of total shareholder return on a
three-, five-, 10- and 15-year basis. Over the past 15 years,
NextEra Energy outperformed nearly all of the other companies in
the S&P 500 Utilities Index and quadrupled the average total
shareholder return of the index.
- Respecting our environment – In 2020, NextEra Energy
achieved emissions rates of SO2, NOx and CO2 that were 97%, 79% and
47% lower, respectively, than the average U.S. utility sector. The
company's goal is to reduce its CO2 emissions rate by 67% by 2025,
from a 2005 baseline. In NextEra Energy's view, no company in any
industry has done more to reduce carbon emissions and to confront
climate change than NextEra Energy.
- Providing outstanding customer value – Consistently one
of the nation's cleanest and most reliable electric utilities with
bills that have remained below the national average for more than a
decade and among the lowest of all 53 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 5.7 million customers.
- Providing outstanding reliability – FPL was recognized
for the sixth time in seven years as being the most reliable
electric utility in the nation and, last year, ranked No. 1 in both
residential and business customer satisfaction in the Southern U.S.
among large electric providers, by J.D. Power. In 2021, FPL
delivered its best-ever service reliability and was named the
recipient of the ReliabilityOne™ National Reliability Excellence
Award. Celebrating sustained leadership, innovation and achievement
in energy reliability, the award is widely regarded in the energy
industry as one of the most prestigious honors, reinforcing a
company's commitment to reliable service for its customers.
- Responding to unprecedented natural disasters – In 2021,
FPL was recognized by the Edison Electric Institute (EEI) with its
Emergency Response Award for the company's efforts to help other
utilities and customers recover following Hurricane Ida. The
Category 4 hurricane made landfall in Louisiana in August
2021, leaving more than 1 million homes and businesses
without power before leaving a trail of destruction northward. In
response, FPL deployed more than 1,250 employees and contractors to
support restoration and recovery 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 2022 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 Florida Power &
Light Company, which is the largest vertically integrated
rate-regulated electric utility in the
United States as measured by retail electricity produced and
sold, and serves more than 5.7 million customer accounts,
supporting more than 11 million residents across Florida with
clean, reliable and affordable electricity. NextEra Energy also
owns a competitive clean 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 seven
commercial nuclear power units in Florida, New
Hampshire and Wisconsin. A
Fortune 200 company, 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 2022 list of "World's Most Admired Companies,"
recognized on Fortune's 2021 list of companies that "Change the
World" and received the S&P Global Platts 2020 Energy
Transition Award for leadership in environmental, social and
governance. For more information about NextEra Energy companies,
visit these websites: www.NextEraEnergy.com, www.FPL.com,
www.NextEraEnergyResources.com.
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SOURCE NextEra Energy, Inc.