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Aerial view of the Lee-DeKalb storage project at Lee-DeKalb Substation at the Lee-DeKalb wind site in Shabbona, Illinois on Apr. 28, 2015.
Aerial view of the Lee-DeKalb storage project at Lee-DeKalb Substation at the Lee-DeKalb wind site in Shabbona, Illinois on Apr. 28, 2015.Source: Courtesy Florida Power & Light Company
Green
Energy & Science

America’s Greenest Energy Giant Isn’t Trying to Save the Planet

NextEra is ready for the Biden era with lobbyists, tough tactics, and more renewable power than anyone else.

It spent millions to block homeowners from embracing solar panels, fought against hydropower, and pushed for an energy project next to a beloved national park. Its value competes with Exxon Mobil Corp.’s. Its longtime chief executive officer is a registered Republican.

Yet NextEra Energy Inc., the world’s biggest investor-owned generator of wind and solar power, has emerged as an unlikely green giant with a knack for throwing its considerable weight behind initiatives and policies that are pushing the U.S. into a future of zero-emissions electricity. Few companies appear better poised to benefit from the Joe Biden era.