NextEra Energy Resources, LLC
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NextEra Energy Resources, LLC - overview
Established
1998
Location
-, FL-Florida, US
Primary Industry
Power & Utilities
About
NextEra Energy Resources is a leading US renewable energy company specializing in wind and solar power generation, energy storage, and natural gas solutions, dedicated to providing sustainable energy solutions across diverse markets. NextEra Energy Resources, LLC focuses on renewable energy generation and energy solutions. Founded in 1998, the company operates primarily in the United States and has expanded its offerings to include energy storage and natural gas solutions. Rebecca Kujawa serves as CEO.
In 2017, KKR invested an undisclosed amount in the company, reinforcing its strategic initiatives. NextEra Energy Resources offers a diverse array of energy solutions designed to meet the varying needs of its customers. The company’s core product offerings include wind and solar energy generation, energy storage systems, and natural gas solutions, alongside innovative services such as energy marketing and retail energy supply. These products cater to both commercial and residential sectors, addressing the growing demand for reliable, low-cost electricity while promoting sustainability.
NextEra’s solutions are distributed across numerous geographical markets, including major regions in the United States and select international locations, serving utility companies, municipalities, large corporations, and individual consumers. By harnessing nuclear, renewables, and battery storage, NextEra positions itself as a comprehensive energy provider, addressing customer-specific energy challenges through tailored solutions. NextEra Energy Resources generates its revenue through various transactional structures that encompass B2B and retail engagements. The company engages in long-term power purchase agreements (PPAs) with utility companies, establishing a steady revenue stream while also offering wholesale and retail energy supply to end consumers.
Transactions typically involve fixed pricing plans for energy delivery, where customers contract for specific energy volumes, ensuring predictable energy costs over the contract duration. Additionally, NextEra's services, including energy storage and consulting, contribute to revenue generation by facilitating clients' transition to more sustainable energy practices. Through its extensive product portfolio, the company solidifies its market presence while achieving consistent revenue growth through various energy solutions that cater to both individual and organizational needs. NextEra Energy Resources aims to expand its footprint in the renewable energy sector by developing new products and enhancing existing offerings.
The company is focusing on advancements in energy storage technology and exploring opportunities for expansion into emerging markets in North America and select regions in Latin America by 2025. The recent investment from KKR in 2017 will support these initiatives, enabling NextEra to enhance its capabilities and scale its operations effectively.
Primary Industry
Power & Utilities
Sub Industries
Power Plant, Natural Gas Utilities, Electric Utilities, Solar Power, Wind Power
Website
www.nexteraenergyresources.com
Verticals
Clean Technology
Total Amount Raised
Subscriber access only
NextEra Energy Resources, LLC - timeline of key events
NextEra Energy Resources, LLC - financials
| Fiscal Year Ended | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 17,486,000,000 | 16,155,000,000 | 17,195,000,000 | 16,727,000,000 | 19,204,000,000 | 17,997,000,000 | 17,069,000,000 | 20,956,000,000 | - | - | - |
| % Revenue Growth (YoY) | - | (7.6%) | 6.4% | (2.7%) | 14.8% | (6.3%) | (5.2%) | 22.8% | - | - | - |
| EBITDA (USD) | 7,835,000,000 | 7,985,000,000 | 7,955,000,000 | 8,427,000,000 | 9,831,000,000 | 9,431,000,000 | 7,127,000,000 | 8,871,000,000 | - | - | - |
| Operating Income (USD) | 4,632,000,000 | 4,608,000,000 | 5,326,000,000 | 4,280,000,000 | 5,353,000,000 | 5,116,000,000 | 2,913,000,000 | 4,081,000,000 | - | - | - |
| Operating Margin | 26.5% | 28.5% | 31.0% | 25.6% | 27.9% | 28.4% | 17.1% | 19.5% | - | - | - |
| % EBITDA Margin | 44.8% | 49.4% | 46.3% | 50.4% | 51.2% | 52.4% | 41.8% | 42.3% | - | - | - |
| NET Income (USD) | 2,762,000,000 | 3,005,000,000 | 5,320,000,000 | 5,776,000,000 | 3,388,000,000 | 2,369,000,000 | 2,827,000,000 | 3,246,000,000 | - | - | - |
| % Net Margin | 15.8% | 18.6% | 30.9% | 34.5% | 17.6% | 13.2% | 16.6% | 15.5% | - | - | - |
NextEra Energy Resources, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series C | Completed | Infinium Holdings, Inc. | - | ||||||||
| Series C | Completed | Enechange Co., Ltd. | - | ||||||||
| Series B | Completed | TS Conductor Corp. | - | ||||||||
| Series A | Completed | Evoloh Inc. | - | ||||||||
| Series B | Completed | Antora Energy, Inc. | - |
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NextEra Energy Resources, LLC - employee data
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