Can Clean Energy Focus Drive NextEra Energy's Long-Term Growth?

Core Insights - NextEra Energy (NEE) is a leader in the clean energy transition, with a diverse portfolio that includes solar, wind, battery storage, nuclear, and natural gas assets, enabling reliable, low-emission energy delivery [1][4] - The company is investing over $74 billion through 2029 to expand its renewable and storage capacity, providing a competitive advantage as regulatory mandates favor renewable sources [2][9] - NextEra operates through two main subsidiaries: Florida Power & Light (FPL) and NextEra Energy Resources (NEER), with significant contributions from various energy sources [3] Company Operations - In 2024, FPL generated 69% of its electricity from natural gas, 20% from solar, and 10% from nuclear, while NEER produced 64% from wind, 17% from nuclear, and 15% from solar [3] - FPL's modernized grid and hybrid energy model ensure cost-effective power delivery, while NEER's investments in battery storage enhance grid flexibility [4] Financial Performance - NextEra's stock has increased by 9.7% over the past three months, outperforming the Zacks Utility Electric-Power industry, which rose by 1.6% [8][9] - The company expects its 2025 earnings per share to be between $3.45 and $3.70, with consensus estimates for 2025 and 2026 remaining unchanged at $3.68 and $3.97, respectively [11] - NextEra's trailing 12-month return on equity (ROE) is 12.31%, surpassing the industry average of 10.41%, indicating efficient use of shareholders' equity [12]