FPL Group, Inc. · Juno Beach, FL United States ·(NYSE: FPL)

For a Florida company without any oranges, FPL Group produces a lot of juice. It has operations across the US, including an independent power production business, but most of its revenues are produced by its utility subsidiary, Florida Power & Light (FPL). FPL distributes electricity to 4.5 million customers and about 25,000 MW of generating capacity from interests in nuclear and fossil-fueled power plants. Subsidiary FPL Group Capital owns nonutility businesses, including NextEra Energy Resources, an independent power producer and wholesale energy marketer. Subsidiary FPL FiberNet leases wholesale fiber-optic capacity to telephone, cable, and Internet providers; it operates a 2,745-mile network. To read the full description, subscribe now.