rewrite this title NextEra Energy Looks to Solve AI Energy Crisis – Nanalyze

The term “dividend tech stock” is an oxymoron. That’s because tech companies should be using their capital to fuel further growth instead of handing it back to shareholders. However, sometimes you get the best of both worlds – a dividend growth champion (25+ consecutive years of annual dividend growth) with exposure to numerous disruptive tech themes. NextEra Energy (NEE) is one such company. Despite being the world’s largest producer of renewable energy, they have also managed to not only pay a dividend but increase it for 31 consecutive years.

We hold NEE stock because it’s a dividend growth stock, but we also find their exposure to wind, solar, and nuclear to be quite appealing. That’s why NextEra is one of the few stocks that can be found in both our Nanalyze Disruptive Tech Stock Catalog and our Quantigence dividend growth stock universe. That means it’s time for our annual checkup, starting with a problem we highlighted in our last piece on NextEra Energy.

Weathering the Storm

Let’s start with the tropical cyclone in the room. NextEra’s subsidiary, Florida Power & Light (FPL), an electric utility company, accounted for well over half of the company’s earnings in 2024. A few of our astute premium subscribers pointed out the increasing number of tropical storms hitting Florida’s coasts in recent years and asked how that might negatively impact NEE stock. Our first thought was that this risk could be insured away, but it’s always worth hearing things from the horse’s mouth.

NextEra says FPL was able to recover from four different hu