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NextEra Energy - M&A Summary and Business Overview

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NextEra Energy M&A Summary

NextEra Energy has acquired 5 companies. It has also divested 3 assets.

NextEra Energy’s largest acquisition to date was in 2018, when it acquired Southern - Florida Assets for $6.5B. It’s largest disclosed sale occurred in 2016, when it sold FPL FiberNet to Crown Castle International for $1.5B. NextEra Energy has acquired in 4 different US states. The Company’s most targeted sectors include construction (40%) and renewable energy (20%).

NextEra Energy Business Overview

Where is NextEra Energy headquartered?

NextEra Energy is headquartered in Juno Beach, Florida.

What is NextEra Energy’s revenue?

NextEra Energy disclosed revenue of 24,753M USD for 2024 and 28,114M USD for 2023.

How many employees does NextEra Energy have?

NextEra Energy has 16,800 employees.

What sector is NextEra Energy in?

NextEra Energy is an utilities company.

When was NextEra Energy founded?

NextEra Energy was founded in 1925.

M&A Summary

  • M&A Total Activity7
    • M&A Buy Activity4
    • M&A Sell Activity3
  • Total Sectors Invested 4
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 7
  • M&A Advisors 5

NextEra Energy

NextEra Energy, Inc.

700 Universe Boulevard,
Juno Beach, Florida 33408
United States,
(561) 694-4000
www.nexteraenergy.com

NextEra Energy is a clean energy company, more than 42,000 megawatts of generating capacity. NextEra Energy was founded in 1925 and is based in Juno Beach, Florida.


M&A Summary

Buy vs Sell

Year ≤ '20 '21 '22 '23 '24 '25 T
Buy (0.0/yr) # 4 - - - - - 4
vol $7.6B $7.6B
Sell (0.2/yr) # 2 - - 1 - - 3
vol $1.5B $923M $2.4B
  7

Most Recent M&A

Company Date Value Type
Florida City Gas 2023-09-26 923M USD Divestiture
Doral, Florida
Trans Bay Cable LLC 2018-11-19 1.0B USD Add-on Acquisition
San Francisco, California · www.transbaycable.com
Southern Co. - Florida Assets 2018-05-21 6.5B USD Divestiture
, Florida
FPL FiberNet LLC 2016-11-01 1.5B USD Divestiture
Miami, Florida · www.fplfibernet.com
Mountain Valley Pipeline LLC 2015-03-11 - Stake Sale
Pittsburgh, Pennsylvania · www.mountainvalleypipeline.info
Mountain Valley Pipeline LLC 2014-09-10 - Joint Venture
Pittsburgh, Pennsylvania · www.mountainvalleypipeline.info
Gexa Corp.(dba Gexa Energy, LP) 2005-06-20 81M USD Add-on Acquisition
Houston, Texas · www.gexaenergy.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Construction 2 (40%) - 1 (33%) -
Utilities 1 (20%) 81M (1%) 1 (33%) 923M (38%)
Energy Services and Equipment 1 (20%) 1.0B (13%) - -
Renewable Energy 1 (20%) 6.5B (86%) - -
Communications - - 1 (33%) 1.5B (62%)
Total 5 $7.6B 3 $2.4B

By Geo

State/Country Buy Value Sell Value
United States 5 7.6B 3 2.4B
  Pennsylvania 2 - 1 -
  Florida 1 6.5B 2 2.4B
  Texas 1 81M - -
  California 1 1.0B - -
Total 5 $7.6B 3 $2.4B

Top M&A Advisors

Financial Deals
Wells Fargo Securities
 1
UBS Investment Bank
 1
Legal Deals
Pillsbury Winthrop Shaw Pittman
 1
Ellison Schneider Harris & Donlan
 1
Hogan Lovells
 1

Deal Values

buy # Total
> $1B 2 $7.5B
< $100M 1 $81M
TOTAL $7.6B
Largest Southern Co. - Florida Assets
$6.5B (2018-05-21)
sell # Total
> $1B 1 $1.5B
$100M to $1B 1 $923M
TOTAL $2.4B
Largest FPL FiberNet LLC
$1.5B (2016-11-01)

M&A Connections

Deals
Acquired from
Strategic(s)
40%
2 (40%)
Divested to
Strategic(s)
100%
3 (100%)

Company Summary

SECTOR

Utilities

Revenue

24,753   12% 2024
28,114   35% 2023
20,956   23% 2022
17,069   6% 2021
17,997   7% 2020
19,204   15% 2019
16,727   3% 2018
17,195   7% 2017
16,155   8% 2016
17,486   3% 2015
17,021   13% 2014
15,136   7% 2013
14,256   2012
(millions of USD) Show More Show Less

Employees

16,800

Established

1925

Public

NYSE: NEE

Former Name

FPL Group, Inc.

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