NextEra Energy is one of America’s largest infrastructure developers. We have invested more than $75 billion across the United States since 2004, and we plan to invest up to $50 billion through 2020.
As our nation continues to grow and change, the Business Roundtable and its member companies remain committed to doing so sustainably. This year’s theme of “delivering shared success” resonates with us at NextEra Energy because our investments in infrastructure deliver shared success to many stakeholders around the country.
NextEra Energy is one of America’s largest infrastructure developers. We have invested more than $75 billion across the United States since 2004, and we plan to invest up to $50 billion through 2020. This new infrastructure includes hardening of power lines as well as new natural gas-fired generation in Florida. It includes a multistate natural gas pipeline in the Southeast and another in the Mid-Atlantic. And it includes more than a thousand wind turbines and millions of solar panels in more than a dozen states across America.
Our investment in U.S. infrastructure creates significant benefits for our country:
For our environment: NextEra Energy and our affiliates generate more energy from the wind and sun than any other company in the world. We now own and operate about 17 percent of the U.S. wind capacity and roughly 11 percent of the U.S. universal solar capacity, both more than anyone else.
For our customers: At our regulated utility, Florida Power & Light Company, we continue to deliver high reliability, award-winning customer service, a clean emissions profile and low bills to our 4.9 million customers.
For our communities: Our investments across North America create jobs and economic opportunity, including in many rural communities, and our tax payments provide funding for schools, emergency services and other local needs. Our employees logged more than 85,000 volunteer hours in 2016, a 15 percent increase from the year before.
For our shareholders: Since 2005, we’ve delivered compounded annual growth in adjusted earnings per share of more than 8 percent, the highest among the top 10 U.S. power companies by market capitalization. And our total shareholder return over that period outperformed the top quartile of the companies in the S&P 500 Utility Index.
Investing in infrastructure is how NextEra Energy helps make our country more sustainable and more successful. We are a team of more than 14,000 people who advance that vision every day. We salute every Business Roundtable member company that has a similar vision for its own efforts, and we appreciate the opportunity to work together to create a more sustainable world.