NextEra Energy

NextEra Energy is a leading renewable energy company that generates power from wind and solar sources. It owns and operates contracted clean energy projects in North America, including wind and solar projects, and natural gas infrastructure assets in Texas. The company's renewable energy projects are strategically located in regions favorable for wind and solar energy generation, and they are fully contracted, ensuring stable, long-term cash flows. NextEra Energy also owns a regulated utility, Florida Power & Light, which distributes power to nearly 6 million customer accounts in Florida and contributes significantly to the company's operating earnings. The company's renewable energy segment, NextEra Energy Resources, generates and sells power throughout the United States and Canada, with a diverse portfolio of generation capacity including natural gas, nuclear, wind, and solar.

Brian Bolster

Executive Vice President of Finance and CFO

David Buckley

Operating Partner, NextEra Energy Investments

Kirk Crews

Executive Vice President and Chief Risk Officer

Paul Kavanagh

Principal Programmer Analyst

John W. Ketchum

President, Director

Jonathan Koch

Vice President, M&A

Rebecca J. Kujawa

CFO, Director

Mano K. Nazar

Executive Vice President, Nuclear Division

Mark Patten

Vice President, NextEra Mobility

James Robo

Chairman and CEO

20 past transactions

Infinium

Series C in 2025
Infinium is an electrofuels provider that specializes in creating synthetic fuels from renewable energy and waste carbon dioxide. The company focuses on manufacturing ultra-low carbon electrofuels, which serve as drop-in replacements for traditional petroleum-derived products, allowing clients to significantly reduce harmful greenhouse gas emissions in the transportation sector. Infinium's solutions not only contribute to decarbonizing transportation but also provide lower carbon alternatives for various chemical processes, including plastics production. By utilizing existing transportation systems, Infinium enables immediate impacts on carbon reduction targets without the need for capital- and time-intensive upgrades.

TS Conductor

Venture Round in 2024
TS Conductor is a company focused on providing high-performance conductors for modern power grids. It specializes in the development of advanced transmission technology that features a carbon-fiber-composite core, replacing the traditional steel core. This innovative design results in conductors that are both lighter and stronger, enabling them to carry higher electrical currents with reduced energy loss and enhanced efficiency. The company manufactures conductors with aluminum encapsulation, which protects the composite core from damage and corrosion. Through its products, TS Conductor aims to enhance capacity and reliability in the energy industry while promoting sustainable practices in electricity transmission and distribution.

EVOLOH

Series A in 2024
EVOLOH is a technology company focused on the development of low-cost electrolyzer hardware aimed at facilitating the affordable production of green hydrogen. By addressing the significant challenges associated with corrosive liquid electrolytes and costly metallurgy, EVOLOH's innovative technology enables clients to produce clean fuel and feedstock efficiently. This advancement supports sustainable industries by offering a more accessible solution for green hydrogen production, contributing to the transition towards renewable energy sources.

Ori Industries

Convertible Note in 2024
Ori Industries 1 Limited is a technology company headquartered in London, United Kingdom, specializing in multi-access edge-computing platforms. Founded in 2018, the company enables developers to deploy applications and services across various mobile operators' edge nodes. Ori Industries focuses on providing a robust AI infrastructure, combining high-performance GPU computing with a flexible software layer designed to optimize resource utilization. By facilitating seamless access to essential infrastructure, Ori empowers teams to train, serve, and scale their AI models effectively. This integration of software and hardware aims to transform the landscape of AI development, supporting innovations that drive the future of technology.

Antora Energy

Series B in 2024
Antora Energy specializes in providing zero-carbon industrial heat and power solutions for heavy industries, offering a more reliable alternative to fossil fuels. The company develops innovative thermal batteries that utilize excess solar and wind electricity to heat blocks of carbon, creating a sustainable energy source. These thermal energy storage systems effectively convert heat energy into electric energy, facilitating the electrification of heavy industry. By enabling the integration of renewable resources into the electricity grid, Antora Energy aims to deliver convenient, sustainable, and reliable electricity while significantly reducing carbon emissions on a global scale.

APERIO

Series A in 2023
Aperio Systems, Inc., established in 2020 with headquarters in Boston, Massachusetts, specializes in developing cybersecurity solutions for industrial control systems. The company's core product, DataWise, employs proprietary technology to detect and prevent artificial manipulation of operational data in real-time, ensuring data integrity, enhancing security, and facilitating prompt remediation without disrupting business operations. This enables clients across diverse industries to make informed decisions based on accurate, trustworthy data, thereby driving profitability and sustainability goals while mitigating risks associated with industrial operations.

Modern Hydrogen

Venture Round in 2023
Modern Hydrogen is an energy technology company focused on delivering affordable electricity and clean hydrogen solutions. The company specializes in developing a distributed hydrogen production system that generates clean hydrogen on-site while efficiently sequestering carbon from natural gas. By transforming the heat generated from industrial and commercial boilers and furnaces into usable power, Modern Hydrogen reduces energy waste, helps clients save on energy costs, and lowers carbon emissions. Their innovative approach not only enhances energy efficiency but also increases resilience in the face of power outages, making their technology valuable for various commercial and industrial operations.

Greenwood

Series B in 2022
Greenwood is a financial technology firm based in Atlanta, Georgia, that operates a digital banking platform tailored specifically for Black and Latinx individuals and business owners. Founded in 2020, Greenwood offers a range of financial services designed to empower its clients, including savings and spending accounts, peer-to-peer transfers, mobile deposit capabilities, and access to a global network of automated teller machines. The platform emphasizes community reinvestment and innovative features, such as early pay options, all delivered through a user-friendly mobile banking experience. With a commitment to serving underrepresented communities, Greenwood aims to provide best-in-class digital banking services while fostering economic growth and support for its customers.

Monolith

Private Equity Round in 2022
Monolith Materials, Inc. is a manufacturer based in Lincoln, Nebraska, with an additional office in San Carlos, California. Founded in 2012, the company specializes in sustainable manufacturing through the innovative process of methane pyrolysis, which allows for the production of low-emission carbon black and hydrogen. This method utilizes natural gas as a feedstock and incorporates renewable electricity, distinguishing Monolith’s approach from traditional combustion processes. In addition to carbon black, the company also produces hydrogen tail-gas, which serves as a co-product for power generation and industrial gas markets. Monolith Materials, formerly known as Boxer Industries, Inc., has positioned itself at the forefront of environmentally conscious manufacturing in the United States.

SkySpecs

Series D in 2022
SkySpecs, Inc. is a technology company based in Ann Arbor, Michigan, with an additional office in Amsterdam, Netherlands, that specializes in automating operations and maintenance for the wind energy industry through unmanned aerial vehicles. Founded in 2012, the company provides a range of services including analytics, wind turbine blade services, and engineering projects. Its offerings also encompass collaborative software solutions for managing and analyzing data from various sources, as well as digitization and planning for repair campaigns. Notably, SkySpecs has developed Horizon, a reporting software that serves as a central repository for operations and maintenance data related to wind turbine blades, facilitating task management, communication with third parties, and execution of large-scale repair projects. By leveraging its industry expertise and innovative technologies, SkySpecs aims to enhance productivity and efficiency for its clients within the renewable energy sector.

LandGate

Series B in 2022
LandGate operates an online marketplace specializing in property rights assets, particularly minerals and oil & gas properties. It offers free listings, appraisals, and extensive property data, with a proprietary algorithm-driven approach for valuation tasks. The platform connects mineral owners, ranchers, and industry professionals, facilitating transactions through digitized processes and providing advisory services at no cost to mineral owners. As of now, LandGate's database comprises over 30 billion data points for properties.

Bond Energy

Grant in 2022
Bond Energy, founded in 2020, focuses on making desalination more economically viable through the extraction of elemental resources from seawater. The company specializes in providing energy services that assist clients in commercializing and scaling lithium extraction from seawater. By developing sustainable methods for resource capture and production, Bond Energy aims to facilitate the efficient and cost-effective utilization of seawater resources, thereby supporting clients in their efforts to implement environmentally friendly practices in their operations.

Infinium

Venture Round in 2021
Infinium is an electrofuels provider that specializes in creating synthetic fuels from renewable energy and waste carbon dioxide. The company focuses on manufacturing ultra-low carbon electrofuels, which serve as drop-in replacements for traditional petroleum-derived products, allowing clients to significantly reduce harmful greenhouse gas emissions in the transportation sector. Infinium's solutions not only contribute to decarbonizing transportation but also provide lower carbon alternatives for various chemical processes, including plastics production. By utilizing existing transportation systems, Infinium enables immediate impacts on carbon reduction targets without the need for capital- and time-intensive upgrades.

Mainspring

Series D in 2021
Mainspring Energy, Inc. is a technology company based in Menlo Park, California, that specializes in developing linear generator technology for low carbon, dispatchable energy solutions. Founded in 2010 by three Stanford engineers, the company focuses on creating advanced prototypes that convert fuel into electricity through a unique, low-temperature reaction of air and fuel. This innovative approach allows Mainspring to offer generators that provide affordable, reliable electricity while significantly reducing carbon emissions compared to traditional electric grids. The company's mission is to address climate change and enhance energy accessibility, contributing to the development of net-zero carbon energy systems for the future.

Florida City Gas

Acquisition in 2018
Florida City Gas is a natural gas utility distributor that supplies natural gas to both residential and commercial customers. The company focuses on delivering reliable and efficient gas services, ensuring that its clientele has access to the necessary energy resources for their heating and cooking needs. With a commitment to safety and customer service, Florida City Gas plays a vital role in the energy landscape of its service area.

Gulf Power

Acquisition in 2018
Gulf Power Company is a public utility that specializes in the generation, transmission, and distribution of electricity in northwest Florida. Established in 1925 and headquartered in Pensacola, Florida, Gulf Power operates as a subsidiary of NextEra Energy, Inc. The company functions as a vertically integrated utility, providing electricity to both retail customers in its service area and wholesale customers across the Southeast. Gulf Power is committed to environmental stewardship, community and economic development, and energy conservation, reflecting its dedication to sustainable practices within the energy sector.

Desert Sunlight Investment

Funding Round in 2016
Desert Sunlight Investment operates solar photovoltaic faciliities.

Smart Energy Capital

Acquisition in 2013
Smart Energy Capital is a company that was acquired by Nextera Energy in 2013.

WindLogics

Acquisition in 2006
WindLogics specializes in advanced wind analysis and forecasting services for the renewable energy sector. It scientifically evaluates potential wind energy sites using exclusive historic weather data archives and proven meteorological models adapted for wind power applications. The company optimizes ongoing operations in real-time, serving clients such as developers, investors, bankers, operators, and utilities.
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