NextEra Energy

NextEra Energy logo

NextEra Energy is America's most diversified energy provider, leading the country's energy evolution with a strategy that includes all forms of energy to keep prices low for customers. It is the world's largest electric utility holding company by market capitalization.

Positive signals

Sustainalytics rates NextEra Energy as having a medium ESG risk, with a strong management of material ESG issues relative to industry peers as of November 2024.

Fitch Ratings affirmed NextEra Energy’s credit rating with a stable outlook in May 2024, noting that ESG issues are credit-neutral and have only a minimal credit impact on the company.

Morningstar, referencing Sustainalytics, reports that NextEra Energy’s highest controversy level in the last three years is moderate, indicating no recent critical or high-severity ESG controversies as of June 2025.

Concerns

Pomerantz LLP launched an investigation in February 2025 into claims on behalf of investors of XPLR Infrastructure, LP (formerly NextEra Energy Partners, LP), indicating ongoing legal scrutiny and potential governance or disclosure issues.

NextEra Energy and its subsidiaries have paid at least $30 million since 2000 in penalties and settlements related to environmental, safety, workplace, or health violations, with an unknown number of ongoing complaints and legal proceedings.

Customers of NextEra’s subsidiary Florida Power & Light were charged over $282 million for the suspended Turkey Point nuclear reactors project, which was ultimately mothballed with no assurances of completion, raising concerns about transparency and consumer protection.

A hypersaline plume from the Turkey Point nuclear plant, managed by Florida Power & Light (a NextEra subsidiary), contaminated Miami’s drinking water supply, resulting in $200 million in cleanup costs and significant environmental and public health concerns.