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NextEra Energy Inc. (NEE): Evercore Terms Firm Leader in US Solar Market

Core Viewpoint - NextEra Energy, Inc. (NYSE:NEE) is recognized as one of the 12 most promising clean energy stocks by Wall Street analysts, highlighting its leadership in the renewable energy sector and its comprehensive generation capabilities [1][2]. Company Overview - NextEra Energy, Inc. generates, transmits, distributes, and sells electric power to both retail and wholesale customers across North America [2]. - The company holds approximately 20% of the U.S. renewables market, positioning itself as a leader in wind and solar energy [2]. Analyst Coverage - On October 6, Evercore ISI analyst Nicholas Amicucci initiated coverage of NextEra Energy with an Outperform rating and a price target of $92, indicating strong growth potential [2]. - The analyst emphasized that NextEra has the essential qualities to meet the increasing demand for power generation in the U.S. [2]. Nuclear Power Portfolio - NextEra Energy is also enhancing its nuclear power portfolio, having received license renewals from the U.S. Nuclear Regulatory Commission for the Point Beach Nuclear Plant Units 1 and 2, allowing operations to continue through 2050 and 2053 [3]. - These nuclear units have been operational since the early 1970s and provide enough electricity to power 1 million homes and businesses, contributing 14% of Wisconsin's total electricity supply [3].