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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

City of Denton Approves 100 MW Solar Project in Quest to Achieve 100 Percent Renewables by 2020

LCG, May 10, 2018--The City of Denton's Public Utilities Board voted unanimously on Tuesday to approve a 15-year contract with NextEra for the power output of a 100 MW solar project, the Bluebell 2 solar facility in West Texas. The City has set a goal of using 100 percent renewable energy by 2020, and the solar project will be a key step toward achieving the goal.

The Bluebell 2 solar facility will be located northwest of San Angelo. Construction is scheduled to be completed by November. The City of Denton previously contracted with NextEra for the output of the 30 MW Bluebell Solar 1 plant, which is located in the area.

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