5 Best Environmental Stocks To Invest In

2. NextEra Energy, Inc. (NYSE:NEE)

Number of Hedge Fund Holders: 59

NextEra Energy, Inc. (NYSE:NEE) was founded in 1925 and is headquartered in Florida. As one of the largest electric utility companies in the US, NextEra Energy, Inc. (NYSE:NEE) generates, transmits, distributes, and sells electric power to retail and wholesale clients in Canada, Mexico, and the US. By no later than 2045, the company expects to completely eliminate its carbon emissions. In September, NextEra Energy, Inc. (NYSE:NEE)’s Florida Power & Light Company unit signed an agreement to sell Florida City Gas Chesapeake Utilities Corporation (NYSE: CPK) for $923 million. 

“Producing electricity at Real Zero would be a game-changer – for our customers, the U.S. electric power sector and the entire U.S. economy,” Chairman and CEO John Ketchum said during the company’s 2023 ESG report.

Out of 910 hedge funds profiled by Insider Monkey at the end of June 30, 59 had stakes in NextEra Energy, Inc. (NYSE:NEE). The largest stakeholder was Citadel Investment Group which owned about 2.8 million shares of the firm that were valued at $207.2 million.