World’s biggest wind and solar producer now worth more than ExxonMobil
In yet another sign of the pace of the global energy transition – and the massive switch taking place in the investment community – the market value of company that describes itself as the world’s biggest producer of wind and solar power, US utility NextEra, has overtaken that of what used to be the world’s most valuable company, oil major ExxonMobil. The flip occurred last last week, when NextEra overtook ExxonMobil to become the largest energy company in the US by market value.
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