• Financial statements | Income, balance sheet, and cash flow statement. You can’t edit but you can copy and make your own.
Who is the world’s largest operator of wind and solar farms? It’s also America’s most valuable power company. Still stumped? It’s by design reports the WSJ.
NEXTera Energy (NEE) has grown into the largest power company mostly under the radar.
Let’s see how…
Three important points to their success
• They were focused on business fundamentals and not the Hollywood status that comes with being a champion for green power.
• Only built new sites after it lined up customers. This way, they avoided debt problems that sank rivals such as SunEdison. Instead of debt, they used federal tax credits.
• Has been led by the same executives for 15 years. The CEO, James Robo, came from GE and preaches financial discipline. He avoids hiring the type of workers who join the industry to change the world.