February 27, 2014
NextEra Energy named No. 1 in its sector for an unprecedented eighth straight year on Fortune magazine's 'Most Admired Companies' list
JUNO BEACH, Fla. − NextEra Energy, Inc. (NYSE: NEE) today announced that it has been named No. 1 overall among electric and gas utilities on Fortune magazine's 2014 list of the 'World’s Most Admired Companies.' The company, whose principal subsidiaries are Florida Power & Light Company (FPL) and NextEra Energy Resources, LLC, was named tops in its industry for an unprecedented eighth straight year.
“On behalf of our terrific team of nearly 14,000 NextEra Energy employees, I am extremely humbled by the fact that thousands of executives, directors and financial analysts hold our great company in such high esteem,” said NextEra Energy Chairman and Chief Executive Officer Jim Robo. “This group of accomplished leaders knows our industry well, and we are appreciative of their recognition of our talented team, our leadership in advancing clean energy on behalf of our customers, and our steadfast commitment to environmental and social responsibility.”
In determining the industry rankings, approximately 15,000 senior executives, outside directors and industry analysts are 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, quality of products/services, and global competitiveness.
Recent accomplishments by NextEra Energy and its businesses include:
- For the 10 years ended Dec. 31, 2013, NextEra Energy’s total shareholder return was 271 percent, compared to 142 percent for the S&P 500 Utilities Index and 104 percent for the S&P 500 Index.
- In 2013, NextEra Energy maintained its position as the largest generator in North America of renewable energy from the wind and sun.
- The output from NextEra Energy’s power plants in 2013 resulted in emissions rates of sulfur dioxide, nitrogen oxide and carbon dioxide that were 97 percent, 80 percent and 53 percent lower, respectively, than the U.S. electric industry’s average.
- FPL’s typical residential customer bill is the lowest among reporting electric utilities and 28 percent lower than the national average.
In addition to being named No. 1 overall in its sector in today’s global rankings, NextEra Energy also was named No. 1 in its sector for innovation, No. 1 in its sector for social responsibility, and No. 1 in its sector for quality of products/services.
Complete results for the 2014 Fortune “World’s Most Admired Companies” rankings can be found at http://money.cnn.com/magazines/fortune/mostadmired
NextEra Energy, Inc.
NextEra Energy, Inc. (NYSE: NEE) is a leading clean energy company with consolidated revenues of approximately $15.1 billion, approximately 42,500 megawatts of generating capacity, and approximately 13,900 employees in 26 states and Canada as of year-end 2013. Headquartered in Juno Beach, Fla., NextEra Energy's principal subsidiaries are Florida Power & Light Company, which serves approximately 4.7 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 largest generator in North America 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. For more information about NextEra Energy companies, visit these websites: www.NextEraEnergy.com, www.FPL.com, www.NextEraEnergyResources.com