NextEra Energy dropped due to concerns about renewable credits and Chinese components

From Yahoo Finance: 2025-06-30 15:26:00

NextEra Energy saw a drop in shares ahead of a Senate vote on the One, Big, Beautiful Bill. The final bill includes quicker phase-out of renewable credits and stricter rules on Chinese components, impacting developers like NextEra.

The bill’s passage raises concerns for NextEra Energy Resources, a key contributor to the company’s earnings, as the growth of this segment may be hindered post-2028. While the utility business should protect dividends, future growth may be limited.

Investors are advised to consider other stocks as NextEra Energy wasn’t among the 10 best stocks identified by the Motley Fool Stock Advisor team. Stock Advisor boasts a total average return of 1,062%, significantly outperforming the S&P 500.

Read more: Why NextEra Dropped Today, Even as Other Solar Stocks Rallied