Question

what makes nextera energy (NEE) different from its peers? but simple and deep explination

dont copy other answer

Answer 1

• History
  • NextEra Energy founded in 1984
  • Dominion Energy founded in 1983
  • American Electric Power founded in 1906
  • All of them serves 5 million plus customers in their service region
• NEE going big with M&A by buying big old peers like Gulf Energy.
• Energy companies are often measured by lifetime megawatts served:
  • NextEra - 45,900 MW
  • American Electric Power - 38,000 MW
  • Dominion - 27,500 MW
• Big market share of renewable energy as well as peers don't have that big market of renewable.
• Growing revenue which is $ 17 billion + which has also surpassed revenue of its peers which is at Dominion $14 billion + and American Electric Power at $ 15 billion +
• As the name say,It seems really a NextEra company on the basis of its upside considering the super-growing renewable energy market.
• NextEra Energy serves within several US counties as well as expanded to Canada whereas peers are still not serving any area outside US.
• NextEra super focus on expansion by maintaining current serving parallely by Florida Power.
• NextEra seems to be a good investment company with valuable energy subsidiaries like Gulf Energy,NextEra Energy Resources,Florida power and light etc.