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NextEra Energy, Inc. (NYSE: NEE), headquartered in Juno Beach, Florida, is a pioneering clean energy company that has significantly transformed the landscape of renewable energy in the United States. Through its plethora of subsidiaries, including Florida Power & Light Company and NextEra Energy Resources, LLC, the company provides affordable, reliable, and sustainable electricity to millions of customers.
Florida Power & Light Company stands as America's largest electric utility, supplying power to approximately 5.8 million customer accounts, translating to over 12 million people across Florida. The utility is renowned for its commitment to clean energy, ensuring that its electricity is both affordable and environmentally friendly.
NextEra Energy Resources, LLC is the world's largest generator of renewable energy from wind and solar sources. The company is also a global leader in battery storage solutions, which are critical for the integration of renewable energy into the power grid. NextEra Energy also operates seven commercial nuclear power units in Florida, New Hampshire, and Wisconsin, further contributing to its portfolio of clean, emissions-free electricity generation.
Recent achievements underline NextEra Energy's commitment to innovation and sustainability. Notably, the company has been frequently recognized for its efforts in corporate responsibility, ethics, and diversity. In 2023, it topped Fortune's list of 'World's Most Admired Companies' in the electric and gas utilities industry. The company was also featured in Fortune's 2021 list of companies that 'Change the World' and received the S&P Global Platts 2020 Energy Transition Award for its leadership in environmental, social, and governance initiatives.
On August 30, 2023, NextEra Energy announced the settlement rate for stock purchase contracts within their corporate units (NYSE: NEE PRQ), issued in September 2020. Each holder receives 0.6836 shares of NextEra Energy common stock per contract, with cash paid for any fractional shares. This settlement involves the exchange of approximately 27.34 million shares of common stock, generating $2.0 billion for NextEra Energy. Additionally, each corporate unit holder will receive a final quarterly cash distribution of $0.777375 per unit on September 1, 2023.
For more details about NextEra Energy and its subsidiaries, you can visit their official websites: NextEraEnergy.com, FPL.com, and NextEraEnergyResources.com.
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