FPL Group, Inc. (FPL) has changed its subsidiary’s name from FPL Energy, LLC (FPL Energy) to NextEra Energy Resources, LLC (NextEra). This was done to reflect its clean energy mission and market focus. NextEra debuts with an enviable market position as one of the largest competitive energy suppliers in US. Its portfolio of more than 16,900 megawatts includes power generation facilities in 25 states and Canada.
NextEra incorporates clean, emissions-free nuclear power into its portfolio through 88% ownership of the Seabrook Station in New Hampshire; a 70% interest in the Duane Arnold Energy Center in Iowa; and 100% ownership of Point Beach Nuclear Plant in Wisconsin. The FPL Group nuclear fleet, including nuclear assets of Florida Power & Light Company, is the third largest in US.
In addition, the company offers customized renewable energy solutions that enable customers to participate in the development of new renewable energy projects and to offset their own carbon footprint.
“Today, with growing concern about global climate change and the need for more domestic sources of energy, it is no longer ‘business as usual’ in our industry. Solutions of the past will not suffice to meet the energy and climate challenges we face today,” said NextEra president and CEO Mitch Davidson. “Our new name – NextEra Energy Resources – reflects our focus on clean energy solutions and provides us with a strong brand platform to grow our business now and into the future.”