NextEra Energy falls after Trump's tax bill advances in US House

ReutersMay 22, 2025 7:06 PM

Shares of U.S.-based electric utility NextEra Energy NEE.N fall 7.8% to $65.94

U.S. President Donald Trump's sweeping tax and spending bill could end many green-energy subsidies that have driven the renewable energy sector

NEE's spinoff company XPLR Infrastructure XIFR.N, which owns and operates wind, solar, battery storage and natural gas pipeline projects in the U.S., down 6.5%

"We believe the amendments made to the 'Big, Beautiful Bill' have negative implications for clean energy and could negatively impact demand," said RBC analyst Christopher Dendrinos

Including session's moves, NEE down 7.8% and XIFR down 54.1% YTD

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