Jim Robo, CEO of Nextera, passionately talks about the successes of the multinational active in the clean energy market

Jim Robo, the CEO of NEXTera , an American company specializing in renewable energy, wrote a letter to shareholders, customers and the market, in which all the energy and faith towards the work that the company does every day in the field of production of clean energy, a spur to the industrial world, politics and the market, towards new challenges made of economic and income sustainability for the company but also for the world in which we live.

Look ahead without regrets and respect sustainable business, customers, shareholders and employees.

2020 has been a year of unprecedented upheaval. We faced a global pandemic associated with serious economic problems. We have witnessed injustice and unrest. We have experienced significant changes in the way we work and the way we live.

The events of 2020 have also reinforced the vital importance of the work we do. Our company and our industry are the very definition of the importance of infrastructure and the value of our employees.

Electricity powers our healthcare system, allows first responders to help those in need, allows businesses to stay open or reopen, facilitates online learning, and is critical as our communities recover from all the challenges that 2020 he brought.

So, in the midst of these extraordinary times, we remain more committed than ever to our long-term strategy. This strategy starts with a vision: we want to be the largest and most profitable clean energy provider in the world with the best skills and capabilities in the world.

This vision is inspired by our values: we work hard, we do the right thing, we treat people with respect. This vision and these values inspire us every day.

Our strategy also includes a focus on the importance of environmental, social and governance (ESG) impacts which have been part of everything we do for over 25 years. We are passionate about generating clean, renewable energy, protecting the environment and giving back to the community.

Florida Power & Light Company (FPL) and Gulf Power aim to be the most reliable and best-operated utilities in the country while rapidly growing clean energy. NextEra Energy Resources is focused on building a diversified clean energy company with an emphasis on growing the world's leading wind, solar and storage portfolio.

Across the company, we are delivering exceptional value to our customers, supporting our communities and empowering our teams, all while generating significant shareholder value and doing good for the environment.

Capital investment is critical to the execution of our strategy. Over the past decade, we have invested nearly $90 billion in clean energy infrastructure, making us the largest U.S. infrastructure investor in the energy sector and one of the largest capital investors in any sector in the United States over this period. By investing in smart infrastructure and innovative clean energy solutions, we are helping build a sustainable energy future that is affordable, reliable and clean.

Our capital investments will also help us achieve our goal of reducing our carbon dioxide (CO2) emissions rate by 67% by 2025 from a 2005 forecast. We believe no company in any industry has done more to reduce carbon emissions and address climate change by NextEra Energy.

Our strategy also reflects our belief that an energy company can be clean and low-cost at the same time. Our investments in FPL have resulted in improved customer value, with typical invoices approximately 30% lower than the national average, record reliability and a carbon emissions profile that is nearly 30% better than the national average.

While Gulf Power has only been part of the NextEra Energy family since January 2019, our investments across several clean energy sectors have helped improve its emissions profile and our strategic focus has led to a record 20% improvement in reliability and a 20% reduction in O&M costs per megawatt hour (MWh) at retail.

NextEra Energy Resources has become the world's largest generator of renewable energy from wind and solar, as well as a world leader in energy storage not only because our customers and shareholders want cleaner emissions, but also because renewable energy sees it and storage can reduce their costs.

By investing in clean energy and reducing costs for our customers, our strategy has also generated significant benefits for shareholders, customers and the environment.

Over the past 15 years, NextEra Energy has had a record progression of consistently growing adjusted earnings per share, with a compound annual growth rate over this period of nearly 8.5%. These consistent returns have led NextEra Energy to outperform both the S&P 500 and the S&P 500 Utilities Indexes in terms of total shareholder return on a one-, three-, five-, seven- and 10-year basis.

Over the past 15 years, we have outperformed all other companies in the S&P Utilities Index and 85% of companies in the S&P 500, while we have more than tripled the total shareholder return of both indexes.

As a result, we have gone from a mid-sized company by market/cap, 15 years ago, to the largest utility company in the world today.

Our strategy is executed by the best team in our industry, a team that is building a diverse and inclusive culture.

We believe diverse teams deliver superior business results, in part because they can better appreciate the needs of the communities we serve, but more importantly because they challenge old ways of doing things and generate innovative solutions to our energy challenges. Together, we see an unprecedented opportunity to shape how energy is produced and delivered on this continent.

We aim to be at the forefront as we move towards a fully sustainable energy era. We intend to continue to revolutionize and transform our industry and deliver on all of our commitments to our shareholders.

We live and work amidst historical challenges. Many of us have experienced these challenges in very personal ways. However, I believe our company will look back on 2020 as a year in which we faced these challenges and came out stronger than ever. I believe we will be in an even better position to help everyone recover and rebuild.

Photo: Nextera