NextEra Energy Today, we have more than 133 megawatts of operational universal energy storage and a pipeline of development projects across the U.S. and Canada. [25], In January 2018, NextEra Energy expressed interest with members of the South Carolina Senate over a possible purchase of SCANA and Santee Cooper. "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. Through its subsidiaries, NextEra Energy generates clean, emissions-free electricity from seven commercial nuclear power units in Florida, New Hampshire and Wisconsin. NextEra Energy remains committed to maintaining its strong balance sheet. 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). NextEra Energy has committed that it and its subsidiaries, other than Oncor, will not incur, guarantee or pledge assets in respect of any new debt that is solely or almost entirely dependent on the revenues of Oncor without first seeking approval from the Public Utility Commission of Texas. NextEra Energy is ranked No. Such forward-looking statements include, but are not limited to, statements about the anticipated benefits of the proposed merger involving NEE and EFH, including future financial or operating results of NEE or Oncor, NEE's, EFH's or Oncor's plans, objectives, expectations or intentions, the expected timing of completion of the transaction, the value, as of the completion of the merger or as of any other date in the future, of any consideration to be received in the merger in the form of stock or any other security, and other statements that are not historical facts. (832) 833-2700. [54][55], On 5 January 2009, 30 environmental activists staged a five-day vigil along the Barley Barber Swamp to draw attention to what they claimed were damages being wrought by the power company's 3,705 megawatt Martin County plant. Gas, was completed on January 1, 2019. It expects that its credit ratings and its subsidiaries' credit ratings will be maintained post-closing. NextEra Energy Resources has a proven track record of experience and expertise in the energy business. 2016 Republican Party presidential primaries, United States Court of Appeals for the Eleventh Circuit, "Juno-based FPL Group to become NextEra Energy", "NextEra Energy, Inc. 2021 Annual Report (Form 10-K)", "NextEra Energy, Inc. United States Securities and Exchange Commission Annual Report, Form 10-K (2020)", "World's #1 Renewable Energy Installer, NextEra, Powers on with Renewables Despite Trump", "Million-Dollar Donors in the 2016 Presidential Race", "FPL Acquires Electric-Power Plants To Gain Presence in the Northeast", "FPL Energy closes on Maine power plants", "Spain's Iberdrola Is in Discussions To Acquire Florida Utility Parent", "Effort by Iberdrola to Buy FPL in U.S. Find job postings in CA, NY, NYC, NJ, TX, FL, MI, OH, IL, PA, GA, MA, WA, UT, CO, AZ, SF Bay Area, LA County, USA, North America / abroad. [3] NEER, together with its affiliated entities, is the world's largest generator of renewable energy from the wind and sun. March 18, 2022, 10:00 AM PDT. By joining the talent community, we will stay in touch regarding openings across NextEra Energy's family of businesses, as well as provide expert advice for your career search and a behind-the-scenes look at life at NextEra Energy. NextEra Energy expects the accretion from this transaction to enable it to grow at or near the top end of its previously announced 6 percent to 8 percent per year adjusted earnings per share growth rate through 2018, off a 2014 base. 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. CF Industries and NextEra Energy Resources announce a memorandum of understanding for a First Quarter 2023 NextEra Energy, Inc. and NextEra Energy Partners, LP Conference Call, Fourth Quarter and Full-Year 2022 NextEra Energy, Inc. and NextEra Energy Partners, LP Conference Call. 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". NextEra Energy announces agreement to sell a 50% interest in an Since 1999, NextEra Energy has had a significant and established presence in Texas, including Lone Star Transmission, LLC, a transmission service provider. 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. All rights reserved. Follow this link to reach our Job Search page to search for available jobs in a more accessible format. NextEra Energy owns Florida Power & Light Company, which is Americas largest electric utility that sells more power than any other utility, providing clean, affordable, reliable electricity to approximately 5.8 million customer accounts, or more than 12 million people across Florida. Login to access monthly revenue statements, view payment information and more. Robert L. Gould All rights reserved. We customize the right solutions that work best for your business based on your goals and objectives. In 2015, state regulators opted to cut the net-metering rate to a mere fraction of what it was. Chadbourne & Parke LLP is serving as lead legal counsel to NextEra Energy. Headquartered in Juno Beach, Fla., NextEra Energy's principal subsidiaries are Florida Power & Light Company, which serves more than 4.8 million customer accounts in Florida and is one of the largest rate-regulated electric utilities in the United States, and NextEra Energy Resources, LLC, which, together with its affiliated entities, is the world's largest generator of renewable energy from the wind and sun. We look forward to working closely with Oncor's leadership team and filing our joint application with the Public Utility Commission of Texas. Use the links below to access additional information about this case on the US Court's PACER system. 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. NextEra Energy owns Florida Power & Light Company, which is America's largest electric utility that sells more power than any other utility, providing clean, affordable, reliable electricity to approximately 5.8 million customer accounts, or more than 12 million people across Florida. FPL, the largest of the subsidiaries, delivers rate-regulated electricity to approximately 5 million customer accounts, or an estimated 10 million people, across nearly half of Florida and is the third largest electric utility company in the United States. Click the link in the email we sent to to verify your email address and activate your job alert. As gas prices soar, NextEra Energy's green strategy looks wise NEE cautions readers that any forward-looking statement is not a guarantee of future performance and that actual results could differ materially from those contained in any forward-looking statement. Date: Apr 3, 2023. Trinity Operating. [18][19][20][21], On December 4, 2014, NextEra Energy announced its plans to purchase Hawaiian Electric Industries for $4.3 billion. Journalists can reach a NextEra Energy spokesperson 24 hours a day, 7 days a week. [42] As a group they spent $20 million promoting a failed ballot initiative in Florida that would have curbed rooftop solar installations. [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. 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. in the world for innovation, according to Fortune, planned investments in American infrastructure through 2022, reduction in our dependency on foreign oil since 2001, total shareholder return over the last 15 years, of high-paying American jobs created through our investments. Access IR contact details to get in touch. The damage comes from its Turkey Point plant which funnels nuclear waste through a 5,900-acre series of cooling canals that stretch out across Biscayne Bay. Power needs to move from where its generated to where its needed. We are one of the nation's leading providers of wholesale power generation and energy-related services. The transaction is expected to close on Sept. 18, 2020. 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. Trinity is currently operating in 3 basins; Eagle Ford, Haynesville, Arkoma Woodford. may be available from PACER. For more information about NextEra Energy companies, visit these websites: www.NextEraEnergy.com, www.FPL.com, www.NextEraEnergyResources.com. As part of the transaction, NextEra Energy intends to fund $9.5 billion, primarily for the repayment of EFIH debt. [clarification needed] Its subsidiaries include Florida Power & Light (FPL), NextEra Energy Resources (NEER), NextEra Energy Partners, Gulf Power Company, and NextEra Energy Services. Locations. Power 2016 Electric Utility Residential Customer Satisfaction Study. Explore our products and solutions below. The listen-only webcast will be available on NextEra Energy's website by accessing the following link: www.NextEraEnergy.com/investors. More sustainable. The companies terminated the merger in April 2001. The predecessor company Florida Power & Light Company was founded in 1925. All across the country, people are fighting the coronavirus pandemic. By clicking Agree & Join, you agree to the LinkedIn. The transaction provides workforce stability and protections for Oncor employees. Big Changes - I'm Leaving NextEra Energy The first utility-scale facilities to co-locate wind, solar and battery storage in North America makes the clean energy future a reality. When you couple that with diversity and . LEARN MORE 3 Trinity Operating Employee Directory Trinity Operating corporate office is located in PO Box 1188, Houston, Texas, 77251, United States and has 163 employees. A Fortune 200 company and included in the S&P 100 index, NextEra Energy has been recognized often by third parties for its efforts in sustainability, corporate responsibility, ethics and compliance, and diversity, and has been ranked No. "There wasn't an industry at all." The future of energy is here. Next Era Operating Srvs Relocation Provided: Yes, if applicable Where permitted by applicable law, Next Era Energy requires all employees and new hires to be fully vaccinated for COVID-19 or be willing to receive the COVID-19 vaccination on or before the first day of employment.
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