NextEra Energy (NEE) Nears Deal to Acquire Symmetry Energy

NextEra Energy, Inc. (NYSE:NEE) is included among the 10 Best Renewable Energy Dividend Stocks to Buy Now.

With a market cap of over $175 billion as of the writing of this article, NextEra Energy, Inc. (NYSE:NEE) is the most valuable utility company in the world. The company boasts a diverse mix of energy sources, including natural gas, nuclear, renewable energy, and battery storage.

NextEra Energy, Inc. (NYSE:NEE) has grown its dividend every year since 1994, including a 10% increase in February 2025. The company intends to continue this momentum and expects to raise its dividends per share at roughly 10% per year through at least 2026 off a 2024 base.

To make sure it can sustain such a high level of payouts, NextEra Energy, Inc. (NYSE:NEE) remains focused on expansion. A Bloomberg report revealed on November 7 that the company is nearing a deal to acquire the gas retail platform Symmetry Energy Solutions for around $800 million. The deal, which marks an important step for NextEra to keep up with the ballooning energy demand, could be announced within weeks.

NextEra Energy, Inc. (NYSE:NEE) also remains an important player in the clean energy space and boasts a national footprint with nearly 30 gigawatts in renewables and storage backlog.

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