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NextEra Energy Completes Purchase from Southern Company of Ownership Interests in Two Florida Power Plants

LCG, December 5, 2018--NextEra Energy announced yesterday that it completed the acquisition of Southern Company's indirect ownership interests in the Stanton and Oleander natural gas power plants in Florida. The acquisition was previously announced in May of this year.

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Emera to Sell Three Combined-Cycle Power Plants in New England

LCG, November 29, 2018 --Emera Inc., headquartered in Halifax, Nova Scotia, announced this week that it has agreed to sell three natural gas-fired electric generating facilities that it owns in New England to the investment firm Carlyle Group for $590 million. The combined electric generating capacity of the three facilities is approximately 1,100 MW. The acquisition is expected to close in first quarter 2019.

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Industry News

Alliant Energy Plans to Construct Iowa Plant

LCG, May 1, 2002-The Interstate Power and Light utility subsidiary Alliant Energy Corp. announced intentions to construct a $400 million plant in Iowa.

The Alliant's pending natural gas-fired plant would generate 500 MW, but its location is yet to be determined.

Sites near Independence City and Mason City are being considered, and the plant is tentatively planned for operation beginning in 2004.

The company reported receiving twenty bids, and Interstate Power and Light was chosen to build the plant.

Alliant will accept bids for renewable energy development, to be decided upon in two weeks. The company also plans to take proposals for a new coal-fired plant later this year.

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