NextEra Energy, Inc. (NYSE: NEE)

NextEra Energy, Inc. (NYSE: NEE) is a regulated utility company with 5.5 million customers in Florida.

But the company is also one of the world’s largest clean energy companies. NextEra Energy generates more wind and solar energy than any other company in the world.  

The company reported second-quarter 2020 adjusted earnings of $2.61 per share, up 11% from $2.35 per share in the prior-year quarter despite the challenges created by the COVID-19 outbreak.

NextEra Energy has continued to add to its earnings and make impressive investments in its business, including a significant backlog of wind, solar and battery storage and plans a total investment in battery storage of $1 billion by 2021.

The company has seen a rise in valuation that means its shares are not trading at bargain prices, but the upside that lies ahead still makes this a very worthwhile investment to consider.