NextEra Energy Resources
A NextEra Energy subsidiary that develops, owns, and operates utility-scale renewable and other electricity-generating assets.
Last updated October 17, 2026
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Overview
NextEra Energy Resources, LLC is the wholesale electricity and energy-infrastructure subsidiary of NextEra Energy, headquartered in Juno Beach, Florida. The business develops, constructs, owns, and operates generation facilities and related transmission infrastructure, with a strong emphasis on wind power, solar power, and battery storage. It also operates nuclear, natural-gas, and oil-fired generating assets, giving the company a broader generation portfolio than its renewable-energy positioning alone suggests. The company was previously known as FPL Energy and adopted the NextEra Energy Resources name before 2009. Its business model is primarily associated with wholesale power production rather than retail electricity service. Projects may sell output through power-purchase agreements, wholesale markets, or arrangements with utilities and large commercial customers. The company has entered into long-term renewable-energy agreements with organizations including Google and AT&T, illustrating the role of corporate procurement in its development strategy. Wind has historically been the largest part of the portfolio. The company has operated wind facilities across the United States and in four Canadian provinces, with a concentration in Texas and the western and Midwestern regions of the United States and Canada. Notable facilities identified in reference material include Horse Hollow and Capricorn Ridge in Texas, Crystal Lake in Iowa, New Mexico Wind Energy Center, Peetz Table in Colorado, and Stateline in Oregon and Washington. Solar development expanded through both utility-scale projects and smaller private-generation installations. The portfolio has included facilities in numerous U.S. states, Ontario, and Spain. Examples include Desert Sunlight and Genesis in California, Solar Energy Generating Systems in California, Appleseed Energy Center in Indiana, Stuttgart Solar Energy Center in Arkansas, and Pinal Central Solar Energy Center in Arizona. The Pinal Central project was paired with a lithium-ion battery system, reflecting the company’s expansion into storage as a complement to intermittent renewable generation. NextEra Energy Resources also operates nuclear facilities, including Duane Arnold in Iowa, Point Beach in Wisconsin, and Seabrook in New Hampshire, according to the cited reference period. Its responsibilities include operating the nuclear units and ultimately managing their decommissioning. Its fossil-fuel portfolio has changed over time; in 2016 it sold two Pennsylvania natural-gas facilities and associated assets to Starwood Energy Group. The company has also expanded through infrastructure transactions. In 2017 it acquired Oklahoma wind-power and transmission assets from Clean Line Energy. In addition to generation, the business has owned and operated substations and electric transmission lines supporting its facilities. The available reference material reports a combined generation capacity of 19.06 gigawatts at the end of 2017, across 32 U.S. states, four Canadian provinces, and one province in Spain. Because that figure is historical and the company’s portfolio changes through construction, acquisitions, sales, and retirements, it should not be treated as a current capacity figure. NextEra Energy Resources is best understood as a large-scale power producer and energy-project developer within the NextEra Energy group. Its distinguishing proposition is the combination of renewable development at substantial scale, long-term commercial contracting, project construction and ownership, battery-storage development, transmission access, and continued operation of nuclear and selected thermal assets.
History
NextEra Energy Resources developed from the wholesale-generation business formerly known as FPL Energy. Before 2009, the business operated under the FPL Energy name; the later rebranding aligned it with the NextEra Energy corporate identity while distinguishing the wholesale-development arm from Florida Power & Light, the group's regulated utility business. The company’s portfolio grew around project development, ownership, and operation rather than retail electricity sales. Wind became a central growth platform, particularly in Texas and across the western and Midwestern United States. The business also developed projects in Canada, where its wind facilities extended into four provinces. Its wind portfolio included large facilities such as Horse Hollow and Capricorn Ridge in Texas, Crystal Lake in Iowa, New Mexico Wind Energy Center, Peetz Table in Colorado, and Stateline in Oregon and Washington. Commercial power-purchase agreements became an important route to market. In April 2011, Google Energy agreed to purchase 100.8 megawatts from the Minco II Wind Energy Center in Oklahoma. In 2018, AT&T entered into a 300-megawatt agreement after an earlier 520-megawatt agreement, demonstrating the growing importance of large corporate buyers in renewable-power procurement. Solar became another major part of the portfolio. In December 2010, NextEra Energy Resources purchased four Ontario solar projects totaling 40 megawatts from First Solar. The company subsequently operated utility-scale solar facilities in multiple U.S. states, Ontario, and Spain. Its identified projects included Desert Sunlight and Genesis in California, Solar Energy Generating Systems in California, and Appleseed Energy Center in Indiana. In 2018, Stuttgart Solar Energy Center in Arkansas was commissioned after construction undertaken with Entergy Arkansas, while Pinal Central Solar Energy Center in Arizona opened in partnership with Salt River Project. Pinal Central included a 10-megawatt lithium-ion battery installation, linking solar generation with storage. The company has not been exclusively renewable. During the cited period it operated nuclear plants including Duane Arnold Energy Center in Iowa, Point Beach Nuclear Plant in Wisconsin, and Seabrook Station in New Hampshire. It also operated natural-gas facilities in the Northeast. In November 2016, it sold the Marcus Hook Energy Center and Marcus Hook 50 Energy Center in Pennsylvania, together with other assets, to Starwood Energy Group. This transaction illustrates how the portfolio has been adjusted through asset sales as well as development and acquisition. Expansion into transmission and associated infrastructure was another feature of the business. In December 2017, the company acquired Oklahoma wind-power and transmission assets from Clean Line Energy. Reference material for the end of 2017 described a portfolio with 19.06 gigawatts of combined generation capacity across 32 U.S. states, four Canadian provinces, and one province in Spain, along with approximately 205 substations and 1,190 circuit miles of transmission lines. These figures describe a historical snapshot rather than a current operating total. The business also became involved in a federal funding dispute. In February 2018, it filed suit against the U.S. Department of the Treasury concerning approximately $127 million allegedly withheld under the Section 1603 grant program for the Silver State South Solar Energy Center in Nevada. The dispute concerned the value of a federal grant connected with project construction and was reported as litigation, not as a finding of wrongdoing. Overall, NextEra Energy Resources’ history is characterized by the transition from a conventional wholesale-generation identity toward a large, geographically diversified platform centered on wind, solar, storage, and related infrastructure, while retaining nuclear and selected thermal generation capabilities.
- 2018
Arkansas and Arizona solar projects commissioned
[1]Stuttgart Solar Energy Center entered service in Arkansas, and Pinal Central Solar Energy Center opened in Arizona with a 10-megawatt battery system.
- 2017
Clean Line Energy asset acquisition
[1]NextEra Energy Resources acquired Oklahoma wind-power and transmission assets from Clean Line Energy.
- 2016
Sale of Marcus Hook gas facilities
[1]The company sold two Pennsylvania natural-gas facilities and other assets to Starwood Energy Group.
- 2011
Minco II wind-power agreement with Google
[1]Google Energy signed an agreement for 100.8 megawatts of wind energy from the Minco II Wind Energy Center in Oklahoma.
- 2010
Ontario solar-project acquisition
[1]The company purchased four Ontario solar projects totaling 40 megawatts from First Solar.
- 2009
FPL Energy operated under the NextEra Energy Resources name
[1]The wholesale-generation business formerly known as FPL Energy adopted the NextEra Energy Resources identity.
Products and positioning
Large-scale wholesale electricity producer and energy-infrastructure developer with a strong emphasis on wind, solar, and storage.
Renewable electricity generation
Wind power
Wind generation has been the company’s largest identified renewable platform. Its facilities span numerous U.S. states and four Canadian provinces, with major projects concentrated in Texas and the western and Midwestern regions. The portfolio has included Horse Hollow, Capricorn Ridge, Crystal Lake, New Mexico Wind Energy Center, Peetz Table, and Stateline.
Renewable electricity generation
Solar power
The solar portfolio includes utility-scale photovoltaic and solar-generation facilities across the United States, Canada, and Spain. Identified projects include Desert Sunlight, Genesis, Solar Energy Generating Systems, Appleseed, Stuttgart, and Pinal Central. Solar output is sold through wholesale arrangements and power-purchase agreements.
Energy storage
Battery storage
NextEra Energy Resources develops battery-storage projects that can be paired with renewable generation or connected to the electricity system independently. Pinal Central Solar Energy Center in Arizona was identified as operating with a 10-megawatt lithium-ion battery system.
Electricity generation
Nuclear generation
The company operates nuclear-generation assets in its wholesale portfolio, including Duane Arnold Energy Center in Iowa, Point Beach Nuclear Plant in Wisconsin, and Seabrook Station in New Hampshire. Its responsibilities include operations and eventual decommissioning of the nuclear units.
Electricity generation
Natural-gas generation
The company has operated natural-gas generating facilities, particularly in the northeastern United States. Facilities identified in the reference period included Bayswater, Bellingham, Jamaica Bay, and Sayreville; other gas assets have been sold as the portfolio changed.
Energy services
Wholesale electricity and power-purchase agreements
The business sells electricity generated by its projects into wholesale markets and under contractual arrangements with utilities and commercial customers. Agreements with Google Energy and AT&T illustrate its use of long-term power-purchase contracts for renewable output.
Brand decisions
2018
Litigation over Silver State South solar grantOtherBackground
The company disputed the amount of federal support associated with construction of the Silver State South Solar Energy Center in Nevada under the Section 1603 grant program.
Action taken
NextEra Energy Resources filed suit against the U.S. Department of the Treasury, alleging that approximately $127 million had been withheld without an adequate explanation.
Aftermath
The matter was reported as litigation concerning a federal grant claim. The cited material does not establish a final outcome.
Disputed grant amount. Approximately $127 million claimed (February 2018)
2017
Acquisition of Clean Line Energy assetsM&ABackground
The company pursued additional wind-generation and transmission infrastructure in Oklahoma.
Action taken
It acquired all Oklahoma wind-power and transmission assets from Clean Line Energy.
Aftermath
The acquisition expanded the company’s Oklahoma renewable and transmission footprint.
2016
Sale of Marcus Hook natural-gas facilitiesM&ABackground
NextEra Energy Resources adjusted its thermal-generation portfolio by divesting two natural-gas facilities in Pennsylvania and associated assets.
Action taken
It sold the assets to Starwood Energy Group.
Aftermath
The transaction reduced the company’s ownership of the referenced Pennsylvania gas facilities.
Transaction value. Approximately $765 million (November 2016)
2010
Purchase of Ontario solar projectsM&ABackground
The company sought to expand its solar-generation portfolio through the purchase of four Ontario projects from First Solar.
Action taken
It acquired the projects, which together totaled 40 megawatts.
Aftermath
The transaction expanded the company’s solar presence in Canada.
Recent events
NextEra Energy Partners announces renewable portfolio acquisition[3]
Reported:
NextEra Energy Partners announced that it would acquire a 50 percent interest in an approximately 2,520-megawatt renewables portfolio from a subsidiary of NextEra Energy Resources. The company expected the acquisition to close later in 2021 or in early 2022.
NextEra Energy Resources announces acquisition of eIQ Mobility[4]
Reported:
NextEra Energy Resources announced that it had acquired eIQ Mobility, a software provider of mobility planning solutions. The announcement says the acquisition will enable NextEra Energy Resources to offer fleet assessments and related planning capabilities to customers.
Sources5 sources
- 1NextEra Energy Resourcesen.wikipedia.org
- 2NextEra Energy Resources official websitenexteraenergyresources.com
- 3NextEra Energy Partners 宣布收购可再生能源资产组合dailyenergyinsider.com
- 4NextEra Energy Resources宣布收购eIQ Mobilityprnewswire.com
- 5Utility NextEra acquires eIQ Mobility for mobility planninglightreading.com
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