In a sign of shifting fortunes in the energy business, green-oriented power company NextEra Energy on Friday, October 2, sparred with petroleum giantNextEra, which owns two Florida electricity utilities and bills itself as the"world's largest generator of renewable energy from the wind and sun," finished Friday's session with a market capitalization of $137.7 billion.
Shares of NextEra have risen about 18% this year as policies to promote green energy and address climate change gain momentum and raise doubts about the longevity of petroleum.In 2019, NextEra reported profits of $3.8 billion on revenues of $19 billion and has around 14,000 employees.
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