Landon Capital

The Federal Election Commission (FEC) has completed its investigation into a complaint filed against Florida Power & Light Company (FPL), a key subsidiary of NextEra Energy, Inc. (NYSE: NEE), and found no evidence of violation of the Federal Election Campaign Act (FECA). The decision to close the case was made in late February in response to allegations made by a nonprofit corporation in October 2022.

The closure of the case by the FEC signifies the conclusion of its inquiry, absolving FPL of any wrongdoing. This development coincides with NextEra Energy’s ongoing role as a leading provider of clean energy, holding the distinction of being America’s largest electric utility in terms of retail electricity sales. With a customer base of approximately 5.9 million accounts, NextEra Energy impacts over 12 million individuals across Florida.

Headquartered in Juno Beach, Florida, NextEra Energy is renowned for its leadership in the clean energy industry. Its portfolio includes NextEra Energy Resources, LLC, which is recognized as the world’s largest producer of renewable energy from wind and solar sources and a pioneer in battery storage technology. Furthermore, the company operates seven commercial nuclear power units across Florida, New Hampshire, and Wisconsin, contributing to its generation of clean, emissions-free electricity.

As a Fortune 200 company, NextEra Energy has garnered praise for its dedication to sustainability, corporate responsibility, ethics, compliance, and diversity. While the recent notification from the FEC alleviates concerns about potential campaign finance violations, NextEra Energy remains committed to delivering clean and cost-effective energy solutions.