NextEra Energy
Makes and sells electricity, a lot of it from wind and sun.
📖 Its story
In 1925, a company called American Power & Light put together several small power companies in Florida and formed Florida Power & Light. For years it brought electricity to homes and businesses in Florida. Later it grew and started building huge wind farms and solar panel fields; in 2010 it took the name NextEra Energy.
💵 How it makes money
It charges millions of homes and businesses for the electricity they use, and sells energy from its wind and solar plants.
🤯 Fun fact
It is considered the world's biggest producer of renewable energy from wind and sun.
👍 The good part
A lot of its energy is clean, and people need electricity every day.
⚠️ The risk
It has to borrow a lot of money to build plants, and Florida hurricanes can damage its power lines.
🧠 Did you get it?
What does NextEra use to make a lot of its electricity?
🗂️ Quick facts
- Founded in: 1925
- Founded by: American Power & Light Company created Florida Power & Light
- Home: Juno Beach, Florida
🔎 How to find it on the stock market
- Search the internet for NEE stock.
- You can also find it in your parents' investing app with the letters NEE.
- Check how much one share costs and whether today it's green (went up) or red (went down).
🎮 Buy it in the game
Soon you'll be able to invest your Monis in NextEra Energy. Ask your mom or dad to join the list.
Join the list