JUNO BEACH, Fla., Feb. 16, 2017 /PRNewswire/ -- NextEra Energy, Inc. (NYSE: NEE) today announced it has been named No. 1 in the electric and gas utilities industry on Fortune's 2017 list of the "World's Most Admired Companies." This year marked the 10th time in the past 11 years that NextEra Energy, whose principal subsidiaries are Florida Power & Light Company (FPL) and NextEra Energy Resources, LLC, has been voted the top company in its industry in the Fortune ranking. NextEra Energy also was ranked among the top 10 companies worldwide across all industries for innovation, social responsibility and wise use of corporate assets.
"To be recognized once again as No. 1 in our industry on this prestigious list is truly an honor and testament to our most important asset, our people," said Jim Robo, chairman and chief executive officer of NextEra Energy. "We're extremely proud that we were ranked among the top 10 companies worldwide for social responsibility, wise use of corporate assets and, in particular, innovation, all of which speak to how we conduct our business. As one of the nation's largest developers of energy infrastructure, having invested $75 billion since 2004, we are working to solve America's energy challenges both sustainably and responsibly for the benefit of our customers, communities and shareholders. By investing billions of dollars annually in energy infrastructure and innovative technologies, we offer our customers a value proposition that is among the best in the nation, while also earning our company the distinction of being the world's largest generator of renewable energy from the wind and sun. I couldn't be more proud of our team and all that they have accomplished."
In determining the industry rankings, thousands of senior executives, outside directors and industry analysts are independently surveyed and companies are rated on nine attributes: innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment value, quality of products/services and global competitiveness.
Recent performance highlights include:
- Leadership in wind and solar energy ─ NextEra Energy is the largest generator in the world of renewable energy from the wind and sun. In 2016, NextEra Energy Resources added approximately 2,500 megawatts of new wind and solar projects, which was a record year for the business and what the company believes to be the most wind and solar megawatts ever added in North America in one year by one company.
- Outstanding customer value ─ Over the course of 2016, FPL continued to strengthen and deliver a customer value proposition that includes high reliability, award-winning customer service, a clean emissions profile and a typical residential customer bill that is among the lowest in Florida and the nation.
- Outstanding value for shareholders ─ In 2016, NextEra Energy delivered total shareholder return of 18.4 percent that beat both the S&P 500 Utility Index and the S&P 500.
NextEra Energy also ranked first among electric and gas utilities for eight of the nine rated attributes, including innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment value and quality of products/services.
Complete results for the 2017 Fortune "World's Most Admired Companies" rankings can be found at: http://fortune.com/worlds-most-admired-companies/.
NextEra Energy, Inc.
NextEra Energy, Inc. (NYSE: NEE) is a leading clean energy company with consolidated revenues of approximately $16.2 billion, approximately 45,900 megawatts of generating capacity, which includes megawatts associated with noncontrolling interests related to NextEra Energy Partners, LP (NYSE: NEP), and approximately 14,700 employees in 30 states and Canada as of year-end 2016. Headquartered in Juno Beach, Florida, NextEra Energy's principal subsidiaries are Florida Power & Light Company, which serves approximately 4.9 million customer accounts in Florida and is one of the largest rate-regulated electric utilities in the United States, and NextEra Energy Resources, LLC, which, together with its affiliated entities, is the world's largest generator of renewable energy from the wind and sun. Through its subsidiaries, NextEra Energy generates clean, emissions-free electricity from eight commercial nuclear power units in Florida, New Hampshire, Iowa and Wisconsin. A Fortune 200 company and included in the S&P 100 index, NextEra Energy has been recognized often by third parties for its efforts in sustainability, corporate responsibility, ethics and compliance, and diversity, and has been ranked No. 1 in the electric and gas utilities industry in Fortune's 2017 list of "World's Most Admired Companies." For more information about NextEra Energy companies, visit these websites: www.NextEraEnergy.com, www.FPL.com, www.NextEraEnergyResources.com.
SOURCE NextEra Energy, Inc.
