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Meet NextEra, America’s most valuable energy firm – The Economist

1 min read
https://www.economist.com/business/2020/10/24/meet-nextera-americas-most-valuable-energy-firm

How about a company that provides both?As Americas oil market flails, its most important energy, NextEra, has actually skyrocketed. NextEra does not have the worldwide reach of European utilities, with foreign outposts from the Amazon to South Africa. NextEra has actually surpassed not simply other energies and oil companies but the stockmarket as a whole. In some cases NextEra sells properties to a business in which it has a stake and which utilizes power projects cashflows to pay reputable dividends.Other energies have cottoned on. Mr Byrd points out that Xcel Energy, a midwestern utility that is one of NextEras biggest consumers, is now constructing its own wind farms.

How about a firm that uses both?As Americas oil market flails, its most valuable utility, NextEra, has actually soared. In some cases NextEra offers possessions to a company in which it has a stake and which uses power projects cashflows to pay reliable dividends.Other energies have actually cottoned on. Mr Byrd points out that Xcel Energy, a midwestern energy that is one of NextEras greatest consumers, is now developing its own wind farms.

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