Climate Changed
The World’s Only $100 Billion Utility Owes Its Rise To Wind Power
- NextEra Energy took a big, early gamble on renewable energy
- Became first utility with a $100 billion market cap this year
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Two decades ago, when coal ruled U.S. power generation, a Florida utility plowed some of its extra cash into a wind farm atop a desolate Oregon plateau.
It was the start of an unimaginably successful bet.