NextEra Energy, which has been recognized as the top electric and gas utility in Fortune's "Most Admired Companies" ranking 9 out of the last 10 years, will employ a traditional utility organizational structure. Nationally recognized as a leading clean energy provider, NextEra Energy Resources has a portfolio of facilities, totaling more than21,900 megawatts of generating capacity in the United States and Canada. Through its subsidiaries, NextEra Energy generates clean, emissions-free electricity from eight commercial nuclear power units in Florida, New Hampshire, Iowa and Wisconsin. As gas prices soar, NextEra Energy's green strategy looks wise But the damage was done and further investment was slow to take off. We believe our deep operating expertise in Texas and across the nation, strong financial profile and experience operating in a regulated utility environment offer uniquely compelling advantages.". We choose, combine and customize the right solutions for every partners needs. Over the last several years, NextEra has been very aggressive against customer-owned solar, says Alissa Schafer, a researcher with the Energy and Policy Institute, a clean energy advocacy group. Status. Were leading the industry in clean energy generation, and were committed to environmental protection and stewardship. [25], In January 2018, NextEra Energy expressed interest with members of the South Carolina Senate over a possible purchase of SCANA and Santee Cooper. In 2021, investigative reporting by the Orlando Sun Sentinel revealed that FPL funded political consultants more than $3 million to promote "ghost" spoiler candidates in key Florida legislature races. ET (7 a.m. CT) on the day of the webcast. NextEra Energy intends to use a combination of debt, convertible equity units, and proceeds from asset sales to fund cash being provided to creditors. [57], In 2019, the Florida Supreme Court concluded that NextEra Energy could charge Florida ratepayers for over $132M in nuclear waste cleanup costs. Hang on a moment while we're loadingNextEra Energy is helping create sustainable energy that's efficient, clean and affordable. The transaction is expected to close on Sept. 18, 2020. may be available from PACER. Suggestions may be selected). Cassidy Mattison - NextEra Energy.. - Trinity Operating | ZoomInfo "We are incredibly impressed by Oncor's management team and its employees, and we are committed to retaining the Oncor name, its Dallas headquarters and local management. [13] The talks were terminated and the merger transaction was not consummated due to opposition from Iberdrola's board, according to news reports. These risks, as well as other risks associated with the merger, will be more fully discussed in subsequent filings with the SEC in connection with the merger. [38] In doing so, Avangrid wrote, NextEra is purposely trying to thwart the goals of Maine and Massachusetts to obtain more renewable power.[39] According to Daily Energy Insider, Avangrid had obtained every regulatory approval required at the state and federal levels, and the project was supported by Maine Gov. [24], NextEra Energy and Energy Future Holdings, parent company of Texas-based utility Oncor Electric Delivery, reached a $18.7 billion merger agreement on July 29, 2016, but the agreement was terminated in July 2017 after the Texas Public Utility Commission rejected the offer over disagreement on the control of Oncor's board of directors. NextEra Energy intends to honor all existing union contracts and commitments. [32], In June 2018, the United States Court of Appeals for the Eleventh Circuit rejected NextEra Energy's claim for a $97 million tax deduction for $200 million paid in contract fees to the federal government toward the Nuclear Waste Fund. NextEra Energy also owns a competitive clean energy business, NextEra Energy Resources, LLC, which, together with its affiliated entities, is the worlds largest generator of renewable energy from the wind and sun and a world leader in battery storage. Our team tailors solar solutions that enable customers to generate clean, reliable energy from their rooftops, parking structures and open land. When expanded it provides a list of search options that will switch the search inputs to match the current selection. Reduce your carbon emissions through renewable energy sources. Requisition ID: 72216 Trinity Operating, LLC is an independent oil and natural gas company engaged in the exploration, development and production of oil and natural gas from onshore properties within the U.S. Headquartered in Houston, Texas, we are a subsidiary of NextEra Energy, the world's largest generator of renewable energy from the wind and sun. The transaction is consistent with NextEra Energy's focus on investing in regulated and long-term contracted assets. Journalists can reach a NextEra Energy spokesperson 24 hours a day, 7 days a week. [4] We are one of the nation's leading providers of wholesale power generation and energy-related services. NextEra Energy's balance sheet and credit rating are among the strongest in the industry. JUNO BEACH, Fla., July 29, 2016 / PRNewswire / -- NextEra Energy, Inc. (NYSE: NEE) today announced a definitive agreement under which a newly formed subsidiary of NextEra Energy will acquire 100 percent of the equity of reorganized Energy Future Holdings Corp. ("EFH") and certain of its direct and indirect subsidiaries, including EFH's . NextEra Energy announces agreement to sell a 50% interest in an NextEra Energy reaches definitive agreement to acquire Energy Future Holdings' interest in Oncor Electric Delivery Company, - Compelling transaction provides financial strength for Oncor and its customers and certainty of value for Energy Future Holdings' creditors, - Transaction will extinguish all Energy Future Holdings and Energy Future Intermediate Holding Company debt that currently exists above Oncor, - NextEra Energy's proven track record of providing affordable, reliable electric service for customers complements Oncor's operational strengths, - NextEra Energy committed to retaining local management, Dallas headquarters and Oncor name, - No involuntary workforce reductions at Oncor for at least two years after transaction close, - Transaction expected to be meaningfully accretive to NextEra Energy earnings. The president and CEO of NEI responded that the organization "vehemently denies all of the allegations in NextEras lawsuit and will vigorously defend our position in court" and that "NextEra lost the ability to participate in PADS upon choosing to discontinue its NEI membership". California-based SolarCity did away with 550 jobs, holding the revised net-metering rate accountable. A replay will be available by accessing the same link as listed above. A more recent docket listing may be available from PACER . Get email updates for new Field Operations Supervisor jobs in Houston, TX. [5][4] It is the largest electric utility holding company by market capitalization. Get notified about new Field Operations Supervisor jobs in Houston, TX. NextEra Energy, Inc. | Leadership But those canals date were constructed in 1972 and have since sprung some substantial leaks.[58]. We have invested billions of dollars with plans to invest even more in energy infrastructure across North America, including new wind and solar facilities, transmission and natural gas pipelines, offering our customers innovative solutions to meet their energy needs. Conserve natural resources, reduce and repurpose waste. For more information about NextEra Energy companies, visit these websites: www.NextEraEnergy.com, www.FPL.com, www.NextEraEnergyResources.com. JUNO BEACH, Fla., Nov. 30, 2021 /PRNewswire/ -- NextEra Energy, Inc. (NYSE: NEE) today announced that a subsidiary of NextEra Energy Resources, LLC has entered into an agreement to sell a 50% non-controlling interest in an approximately 2,520 megawatt (MW) portfolio of long-term contracted renewables assets (the portfolio) to the Ontario Teachers' Pension Plan Board (Ontario Teachers' or the . The number of shares issuable to such creditors and EFH creditors will be determined based on the estimated cash on hand at EFH at the closing of the transaction, the volume weighted average price of NextEra Energy common stock for a specified number of days leading up to the closing and other factors specified in the definitive agreement. "We are proud to own and operate one of the most efficient, reliable and low-cost utilities in the nation, providing a value proposition for our customers that includes electric bills that are among the nation's lowest, high reliability and award-winning customer service. NextEra Energy Careers | Home Increase renewable fuel production and reduce emissions. Copyright 2023 NextEra Energy, Inc. All rights reserved. NextEra Energy, Inc. is an American energy company with about 58 GW of generating capacity (24 GW of which were from fossil fuel sources [4] ), revenues of over $18 billion in 2020, and about 14,900 employees throughout the US and Canada. [50], Court documents obtained by the Miami Herald, as part of the state attorneys investigation, revealed that in the context of a ghost candidate scheme the organization "Lets Preserve the American Dream" awarded $125,000 to former state Sen. Frank Artiles for research. The company ranked 167th on the 2018 Fortune 500 of the largest United States corporations by revenue.[7]. Today, we have more than 133 megawatts of operational universal energy storage and a pipeline of development projects across the U.S. and Canada. Through its subsidiaries, NextEra Energy generates clean, emissions-free electricity from seven commercial nuclear power units in Florida, New Hampshire and Wisconsin. [4] It reorganized as the company FPL Group Inc. in 1984, as part of efforts to diversify its business. Trinity Operating is an independent oil and natural gas company headquartered in Houston with current operations in Louisiana, Oklahoma and Texas. Our company and its affiliates are actively engaged in the acquisition, exploration, development and production of hydrocarbons from multiple basins throughout the United States. Rebecca Kujawa is the president and chief executive officer of NextEra Energy Resources, LLC, a competitive energy supplier with approximately 24,600 megawatts of total net generating capacity, primarily in 38 states and Canada as of year-end 2021.NextEra Energy Resources is the world's largest generator of renewable energy from the wind and sun, and a world leader in battery storage. Forward-looking statements are typically identified by words or phrases such as "may," "will," "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," "predict," and "target" and other words and terms of similar meaning. Chadbourne & Parke LLP is serving as lead legal counsel to NextEra Energy. We are a clean energy leader, investing in our nations energy infrastructure and creating energy solutions for our customers. Upon completion of the transaction, together with Florida Power & Light Company (FPL) and NextEra Energy Resources, LLC, Oncor will become a principal business of NextEra Energy. A more recent docket listing [33], In August 2018, NextEra Energy received a cease and desist order by Oklahoma state officials concerning the construction of wind turbines violating state law. Brant Butler Brant Butler Brant Butler Brant Butler. [49], In 2018, Senator Keith Perry won re-election against Democrat Kayser Enneking by around 2,000 votes, due to independent Charles Goston pulling votes away from Enneking. Receive SEC filings, Events, Press Releases and Stock Price Alerts. Houston, TX. Mark Prohaska, a NextEra Energy employee, jumped into action when he saw a way to help.
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