Copyright 2023 NextEra Energy, Inc. All rights reserved. [1] FPL Group changed its name to NextEra Energy Inc. in March 2010. Dr. Bacchus claimed that the power plant's water use had caused "surficial aquifer drawdown". According to the Sentinel, FPL donated $14.15 million to a political ad nonprofit whose consultants were connected to one of the groups that paid for Goston's ads. Learn More 2022 ESG Report TOP 20 in the world for innovation, according to Fortune We choose, combine and customize the right solutions for every partners needs. Every organization follows its own path to decarbonization. Additional risks and uncertainties are identified and discussed in NEE's and Oncor's reports filed with the SEC and available at the SEC's website at www.sec.gov. ET (8 a.m. CT) today. [10] It later went to court in an attempt to cancel the transaction, citing an adverse regulatory ruling on access to the electric transmission network. NextEra Energy has been recognized often by third parties for its efforts in sustainability, corporate responsibility, ethics and compliance, and diversity. Important factors that could cause actual results to differ materially from those indicated by any such forward-looking statements include risks and uncertainties relating to: the risk that NEE, EFH or Oncor may be unable to obtain bankruptcy court and governmental and regulatory approvals required for the merger, or required bankruptcy court and governmental and regulatory approvals may delay the merger or result in the imposition of conditions that could cause the parties to abandon the transaction; the risk that a condition to closing of the merger may not be satisfied; the expected timing to consummate the proposed merger; the risk that the businesses will not be integrated successfully; the risk that the cost savings and any other synergies from the transaction may not be fully realized or may take longer to realize than expected; disruption from the transaction making it more difficult to maintain relationships with customers, employees or suppliers; the diversion of management time and attention on merger- related issues; general worldwide economic conditions and related uncertainties; the effect and timing of changes in laws or in governmental regulations (including environmental); fluctuations in trading prices of securities of NEE and in the financial results of NEE, EFH or Oncor or any of their subsidiaries; the timing and extent of changes in interest rates, commodity prices and demand and market prices for electricity; and other factors discussed or referred to in the "Risk Factors" section of Oncor's or NEE's most recent Annual Reports on Form 10-K filed with the Securities and Exchange Commission. But those canals date were constructed in 1972 and have since sprung some substantial leaks.[58]. [26] In February 2018, NextEra Energy floated a $15.9 billion proposal to buy Santee Cooper and briefed South Carolina lawmakers.[27]. 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. At any time after bankruptcy court approval of EFH entering into the definitive agreement and prior to confirmation of the EFH plan of reorganization, if EFH terminates the definitive agreement because it chooses to proceed with a superior alternative transaction, EFH would be obligated to pay NextEra Energy a $275 million termination fee upon the closing of the alternative transaction. NextEra Energy Marketing (NEM) is one of the top marketers of power in the nation. NextEra Energy Resources delivers clean energy across much of North America, helping provide sustainable solutions to meet evolving energy needs. Language links are at the top of the page across from the title. Reshape your consumption by changing how & when you use energy. Stratford-upon-Avon, England, United Kingdom, Human Resources Coordinator -- Office Admin, California Only- Assistant Store Manager - Chula Vista Aeropostale, Senior Associate Scientist, Bioconjugation Delivery Research, Registered Nurse (RN) - Inpatient Rehab - $10,000 Sign-on Bonus, M&A Legal Counsel Leading Technology Firm, Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia, Audio Transcribers & QAers - Kazakhstan (Remote), See who NextEra Energy, Inc. has hired for this role, Leads, mentors, and supervises field personnel on a daily basis, Plans, manages, and implements all phases of midstream operations along with the daily monitoring of field operations related to minimizing downtime, Delivers, plans, and executes safe, cost-effective facility operations, Develops and implements production optimization strategies, Assist in the development of maintenance task and documentation procedures, Performs other job-related duties as assigned, Supervisor/Management Experience: 0+ years. The transaction is subject to bankruptcy court confirmation of EFH's plan of reorganization, approval by the Public Utility Commission of Texas, the expiration or termination of the waiting period under the Hart-Scott-Rodino Act, the Federal Energy Regulatory Commission and other customary conditions and approvals. Explore our products and solutions below. Note that applications are not being accepted from your jurisdiction for this job currently via this jobsite. About Nextera Energy As one of America's largest capital investors in infrastructure, with between $50 and $55 billion in new infrastructure investments planned through 2022, we're helping ensure that the next energy to power our dreams will be American energy. Suggestions may be selected). . Additional risks and uncertainties are identified and discussed in NEE's and Oncor's reports filed with the SEC and available at the SEC's website at, NextEra Energy Resources and Portland General Electric celebrate first-in-the-nation combined clean energy facilities, Leveraging technology in times of need, an employee story. NextEra Energy is looking for energy visionaries ready to help us define the next era. NextEra Energy, Inc. (NEE) NYSE - NYSE Delayed Price. [56], In 2018, the 11th Circuit in Atlanta rejected NextEra's request for a $97M refund on costs related to the cleaning up of nuclear waste between 1969 and 1995. Locations. Working with our affiliate companies, we focus on: We are a leader in developing, constructing and operating energy infrastructure including power generation facilities, electric transmission lines, natural gas pipelines and energy storage facilities. Sam Tisci has been working as a Production Engineering Consultant at Trinity Operating for 4 years. NextEra Energy expects that Oncor's credit rating will be improved post-closing, generating savings for customers in terms of lower borrowing costs. The first utility-scale facilities to co-locate wind, solar and battery storage in North America makes the clean energy future a reality. NextEra Energy will host a conference call and webcast to discuss this announcement at 9 a.m. A replay will be available by accessing the same link as listed above. Perry has accepted $13,500 in direct political donations from Florida utilities, including $1,000 from NextEra, $2,500 from NextEra company Gulf Power, $4,500 from Duke Energy, and $5,500 from TECO, according to campaign finance filings. "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. (Enter less keywords for more results. FBC Royalty Partners, LLC v. Trinity Operating (USG), LLC et al, Trinity Operating (USG), LLC and Nextera Energy Resources, US District Court for the Eastern District of Oklahoma, FILING FEES Paid in Full on 1/11/2021 in the amount of $402, receipt number AOKEDC-1445645 (Re: #2 Notice of Removal) by Nextera Energy Resources and Trinity Operating (USG), LLC (sms, Deputy Clerk), PETITION/COMPLAINT with Jury Demand filed in State Court against Nextera Energy Resources, Trinity Operating (USG), LLC by FBC Royalty Partners, LLC (jcb, Deputy Clerk). For more information about NextEra Energy companies, visit these websites: This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In May 2018, NextEra Energy announced that it planned to buy Gulf Power Company, the largest electricity producer in Northwest Florida, from Southern Company in a $6.4 billion deal, pending approval from regulators. Company: NextEra Energy. "We are pleased to have reached a definitive agreement to acquire EFH's 80 percent indirect interest in Oncor," said Jim Robo, chairman and chief executive officer of NextEra Energy. Trinity Operating 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. Conserve natural resources, reduce and repurpose waste. Delivering Clean-burning Natural Gas to Louisiana, Oklahoma and Texas. Reshape your consumption by changing how and when you use energy. We are a clean energy leader, investing in our nations energy infrastructure and creating energy solutions for our customers. Advocates say a utility-backed bill imperils rooftop solar in the Sunshine State", "Florida Power & Light execs worked closely with consultants behind 'ghost' candidate scheme, records reveal | Special Report", "Frank Artiles Charged with Campaign Finance Violations", "NextEra, Florida utilities closely aligned with election fraud suspect Frank Artiles", Creative Commons Attribution 3.0 (CC BY 3.0), "Ex-Florida senator Artiles paid no-party candidate more than $40K, arrest warrant charges", "How a Sham Candidate Helped Flip a Florida Election", "Artiles Still Spending Campaign Money After Resigning for Racial Slur", "Mystery of Florida's "ghost" candidates grows: Major energy company linked to GOP scheme", "Massive Tax Return on Radioactive Waste Denied", https://en.wikipedia.org/w/index.php?title=NextEra_Energy&oldid=1146473985, Electric power companies of the United States, Companies based in Palm Beach County, Florida, Non-renewable resource companies established in 1925, Companies listed on the New York Stock Exchange, Companies in the Dow Jones Utility Average, Short description is different from Wikidata, Wikipedia articles needing clarification from October 2020, Official website different in Wikidata and Wikipedia, Creative Commons Attribution-ShareAlike License 3.0. March 18, 2022, 10:00 AM PDT. NextEra Energy sought to deduct payments made between 2003 and 2010 for "the disposal of radioactive waste produced by nuclear power plants operated by subsidiaries Florida Power & Light Co. and NextEra Energy Resources", but the court reasoned that the contract fees "do not qualify as specified liability losses". [5][4] It is the largest electric utility holding company by market capitalization. More sustainable. James Camaren, former chairman and CEO of Utilities, Inc. Naren Gursahaney, former president and CEO of, Kirk Hachigan, former chairman and CEO of, James Robo, chairman, president, and CEO of NextEra, This page was last edited on 25 March 2023, at 03:03.