NextEra Energy Inc. (NEE) through its subsidiaries, generates, transmits, and distributes electric energy in the United States and Canada. The company generates electricity from gas, oil, solar, coal, petroleum coke, nuclear, and wind sources. As of December 31, 2015, it served approximately 9.5 million people.
By far the biggest reason why NextEra Energy attracts investors is due to its exposure to the renewable energy space. It is one of the largest, if not the largest, wind and solar energy producer. As such, the company attracts investments looking to get in on this space early on. The company is usually also included in clean energy indexes such as NYSE Bloomberg Americas Clean Energy Index. The energy industry is changing rapidly as solar and wind continue on their exponential growth trajectory. I shared some thoughts on the changing landscape of the energy sector and how investors need to think and invest in this article.
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