NextEra

Renewable player overtakes ExxonMobil in market value

Renewable player overtakes ExxonMobil in market value

After decades of embracing fossil fuels, Wall Street appears to be shifting its allegiance to renewable energy, a sharp turn apparent in the contrasting fortunes of NextEra Energy and ExxonMobil. Florida-based NextEra, a big player in wind and solar energy, has overtaken the global oil giant as the most valuable US energy company by market value. […]