NextEra Energy is a leading renewable energy company engaged in the generation of wind and solar power, as well as nuclear and natural gas energy. It operates through its regulated utility, Florida Power & Light, which is the largest rate-regulated utility in Florida, serving nearly 6 million customer accounts and owning 34 gigawatts of generation capacity. Florida Power & Light significantly contributes to NextEra's overall earnings, accounting for approximately 70% of its consolidated operating income. The company's renewable energy segment, NextEra Energy Resources, generates and sells power across the United States and Canada, boasting an additional 34 gigawatts of capacity. Through its investments in infrastructure, NextEra Energy creates thousands of high-paying jobs, positioning itself as a major player in the energy sector.
Infinium is a provider of electrofuels that produces synthetic fuels from renewable energy and waste carbon dioxide. The company's ultra-low carbon electrofuels serve as drop-in replacements for traditional petroleum-derived products, allowing for immediate integration into existing transportation systems and chemical processes, such as plastics production. This approach significantly reduces greenhouse gas emissions and helps clients meet carbon reduction targets without the need for extensive capital investment or time-consuming upgrades. Through its innovative solutions, Infinium aims to decarbonize the transportation sector and contribute to a more sustainable future.
TS Conductor focuses on high-performance conductors designed for modern power grids, utilizing innovative transmission technology that features a carbon-fiber-composite core instead of traditional steel. This advancement results in conductors that are both lighter and stronger, enabling them to carry greater electrical currents with reduced energy loss and enhanced efficiency. The company manufactures covered conductors with an aluminum encapsulation, which safeguards the composite core from damage and corrosion. This design not only increases the capacity and reliability of electricity transmission and distribution but also promotes sustainability within the energy sector in a cost-effective manner.
EvolOH is a company focused on developing advanced electrolyzer technology aimed at reducing the costs associated with green hydrogen production. Its innovative approach addresses significant challenges in the field, such as the use of corrosive liquid electrolytes and the need for expensive materials. By providing a low-cost system, EvolOH enables clients to produce clean hydrogen fuel and feedstock, promoting sustainability across various industries. The company's technology is designed to facilitate the affordable and efficient generation of green hydrogen, contributing to the transition towards more sustainable energy solutions.
Ori Industries 1 Limited, founded in 2018 and based in London, United Kingdom, develops a multi-access edge-computing platform that enables developers to deploy applications and services across various mobile operators. The company focuses on creating an AI infrastructure that allows teams to efficiently access and utilize resources necessary for training and scaling AI models. By combining powerful GPU computing with a flexible software layer, Ori Industries facilitates seamless exploration, development, and scaling of AI innovations. The company's mission is to transform the integration of software and hardware, thereby advancing the potential of artificial intelligence technology.
Antora Energy specializes in providing zero-carbon industrial heat and power solutions for heavy industries, aiming to replace fossil fuels with cleaner alternatives. The company has developed innovative thermal batteries that utilize excess electricity generated from solar and wind sources. These batteries store thermal energy by heating blocks of carbon, which can then be used to produce reliable power and heat. By integrating renewable resources into the electricity grid, Antora enables industries to achieve sustainable and dependable energy solutions while significantly reducing carbon emissions.
Aperio Systems, Inc. specializes in cybersecurity and operational resilience for industrial control systems. Founded in 2020 and headquartered in Boston, Massachusetts, with an additional office in Caesarea, Israel, the company offers proprietary technology that protects against data forgery by detecting artificial manipulation of industrial process data in real-time. This capability ensures accurate monitoring and swift remediation of issues without disrupting operations. Aperio's DataWise platform further enhances data integrity by automatically validating operational data at scale, improving accuracy and security. By providing reliable data, Aperio enables organizations across various sectors to make informed decisions, thereby supporting their profitability and sustainability objectives while effectively managing risks in their industrial operations.
Modern Hydrogen is an innovative energy technology company focused on delivering affordable electricity and clean hydrogen solutions. The company develops a distributed hydrogen production system that enables on-site generation of clean hydrogen while efficiently sequestering carbon. Their technology is designed to convert the heat from industrial and commercial boilers and furnaces into usable power, which helps minimize energy waste. By implementing these systems, Modern Hydrogen aims to assist clients in reducing operational costs, lowering carbon emissions, and enhancing energy resilience during power outages.
Greenwood is a financial technology firm based in Atlanta, Georgia, that operates a digital banking platform aimed at serving Black and Latinx individuals and business owners. Founded in 2020, Greenwood offers a range of financial services, including savings and spending accounts, mobile deposits, peer-to-peer transfers, and early payroll access. The platform emphasizes community reinvestment and provides access to a global network of automated teller machines. With a commitment to innovative banking solutions, Greenwood also features a distinctively designed black metal debit card for its customers.
Monolith Materials, Inc. is a manufacturer based in Lincoln, Nebraska, specializing in sustainable production methods. Founded in 2012, the company operates a process called methane pyrolysis to produce low-emission carbon black and hydrogen. This innovative approach utilizes renewable electricity rather than combustion, distinguishing Monolith's products in the market. In addition to carbon black, the company also generates hydrogen tail-gas, which serves as a co-product for power generation and industrial gas applications. Monolith Materials, Inc. previously operated under the name Boxer Industries, Inc. and rebranded in December 2014. The company has an additional office located in San Carlos, California.
LandGate operates an online marketplace that facilitates the listing and valuation of property rights assets, particularly in the mineral and oil and gas sectors. Initially focused on digitizing the valuation and transaction processes for mineral properties, LandGate has since expanded its offerings to include a wide range of property rights. The company's competitive advantage lies in its proprietary algorithms and automated valuation processes, which are complemented by a personalized approach to geology and production forecasting. LandGate's extensive database contains over 30 billion data points, providing valuable insights and free advisory services to mineral owners, ranchers, and industry professionals.
SkySpecs, Inc. specializes in developing unmanned aerial vehicles and associated technologies to automate operations and maintenance within the wind energy sector. Founded in 2012 and headquartered in Ann Arbor, Michigan, with an additional office in Amsterdam, the company offers a range of services including analytics, engineering projects, and wind turbine blade services. Its solutions feature collaborative software for data management and analysis, digitization of data, and comprehensive planning for repair campaigns. SkySpecs also provides Horizon, a reporting and collaboration tool that serves as a central repository for blade operation and maintenance data, facilitating streamlined tasks and communication with third parties. The company's focus is on enhancing productivity, efficiency, and returns for its clients in renewable energy asset management.
Infinium is a provider of electrofuels that produces synthetic fuels from renewable energy and waste carbon dioxide. The company's ultra-low carbon electrofuels serve as drop-in replacements for traditional petroleum-derived products, allowing for immediate integration into existing transportation systems and chemical processes, such as plastics production. This approach significantly reduces greenhouse gas emissions and helps clients meet carbon reduction targets without the need for extensive capital investment or time-consuming upgrades. Through its innovative solutions, Infinium aims to decarbonize the transportation sector and contribute to a more sustainable future.
Mainspring Energy, Inc. is a company based in Menlo Park, California, focused on developing linear generator technology that produces low-carbon, dispatchable energy. Founded in 2010 by three Stanford engineers, Mainspring aims to address the challenges of climate change while providing affordable electricity. The company engineers advanced prototypes of linear generators that convert fuel into electricity through a low-temperature reaction of air and fuel, driving magnets through copper coils. This innovative approach allows Mainspring to offer electricity at lower costs and with greater reliability, contributing to the vision of creating net-zero carbon grids in the future.
Gulf Power Company is a public utility that provides electricity generation, transmission, and distribution services primarily in northwest Florida. Established in 1925 and headquartered in Pensacola, the company serves both retail customers and wholesale clients throughout the Southeast. As a vertically integrated utility, Gulf Power is committed to environmental stewardship, community development, and energy conservation. The company operates as a subsidiary of NextEra Energy, Inc., with all common stock owned by Atlanta-based Southern Company.
Florida City Gas is a gas utility distributor that supplies natural gas to both residential and commercial customers. The company focuses on providing reliable natural gas services, ensuring that its clients have access to this essential energy source for their heating, cooking, and other energy needs. With a commitment to customer service and safety, Florida City Gas plays a vital role in the energy infrastructure of the communities it serves.
Smart Energy Capital
Acquisition in 2013
Smart Energy Capital is a company that was acquired by Nextera Energy in 2013.
WindLogics (formerly SSESCO) provides advanced wind analysis and forecasting services for wind energy developers, investors, bankers, operators and utilities by scientifically evaluating potential wind energy sites and forecasting and optimizing ongoing operations in real time. WindLogics is able to calculate 3D wind fields based on exclusive historic weather data archives and proven meteorological models adapted to wind power applications.
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