[43] NextEra Energy, made a $10,000 donation to Women Building the Future, drafted a bill, had their lobbyist deliver the bill to Florida legislator Jennifer Bradley, and subsequently donated $10,000 to her re-election campaign. 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, Inc. (NYSE: NEE) is a leading clean energy company with consolidated revenues of approximately $17.5 billion and approximately 14,300 employees in 27 states and Canada as of year-end 2015, as well as approximately 45,000 megawatts of generating capacity, which includes megawatts associated with noncontrolling interests related to NextEra Energy Partners, LP (NYSE: NEP) as of April 2016. Apr 2022 - Present1 year 1 month Completion Engineer NextEra Energy Resources Apr 2019 - Apr 20223 years 1 month Apache Corporation 6 years 4 months Completions Engineer Jun 2014 - Apr 20194. Copyright 2023 NextEra Energy Resources, LLC. Vice President, Chief Communications Officer, Debra Larsson sustainable energy company. Didnt find the perfect job? Access this case on the Oklahoma Eastern District Court's Electronic Court Filings (ECF) System. Reduce your carbon emissions through renewable energy sources. Each forward-looking statement speaks only as of the date of the particular statement and NEE does not undertake any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise. NextEra Energy sets industry-leading Real Zero goal to eliminate carbon emissions from its operations, leverage low-cost renewables to drive energy affordability for customers. NextEra Energy shares Oncor's strategy of making smart, long-term investments in transmission and distribution to continue to deliver affordable, reliable electric service to its customers. Charlie Baker, U.S. Energy Secretary Jennifer Granholm, and the states major newspapers. At this time, the stock ticker symbol also changed from FPL to NEE. [36], In 2021, NextEra was accused of lobbying heavily against a transmission line project proposed by Avangrid, Inc. Bankruptcy court approval of EFH entering into the definitive agreement is required for the agreement to be binding upon EFH and Energy Future Intermediate Holding Company LLC ("EFIH"). [57], In 2019, the Florida Supreme Court concluded that NextEra Energy could charge Florida ratepayers for over $132M in nuclear waste cleanup costs. 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. Trinity Operating Location PO Box 1188, Houston, Texas, 77251, United States Description Read More Industry 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. [35], For the fiscal year 2017, NextEra Energy reported earnings of US$5.378 billion, with an annual revenue of US$17.195 billion, an increase of 6.4% over the previous fiscal cycle. Sam Tisci has been working as a Production Engineering Consultant at Trinity Operating for 4 years. 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. It expects that its credit ratings and its subsidiaries' credit ratings will be maintained post-closing. NextEra Energy is committed to retaining local management, the Dallas headquarters and the Oncor name. NextEra Energy Resources is a leading wholesale power generator, operating power plants and offering a diverse fuel mix to utilities, retail electricity providers, power cooperatives, municipal electric providers and large industrial companies. 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. [17] The companies mutually agreed to terminate the sale in October 2006 due to uncertainty over regulatory and judicial matters in Maryland. We are a clean energy leader, investing in our nations energy infrastructure and creating energy solutions for our customers. Locations. Conserve natural resources, reduce and repurpose waste. NextEra Energy expects that Oncor's credit rating will be improved post-closing, generating savings for customers in terms of lower borrowing costs. Subscribe to Justia's Free Newsletters featuring summaries of federal and state court opinions. 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 . News. PO Box 1188, Houston, Texas, 77251, United States. [4] It reorganized as the company FPL Group Inc. in 1984, as part of efforts to diversify its business. 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. 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. Asset Type. Only the state of Nevada has tried such legislation before. To do that, the electric transmission system must be improved, and NextEra Energy Transmission is leading the way. Trinity Operating is an independent oil and natural gas company headquartered in Houston with current operations in Louisiana, Oklahoma and Texas. NextEra Energy's balance sheet and credit rating are among the strongest in the industry. Power 2016 Electric Utility Residential Customer Satisfaction Study. 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. 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. NextEra Energy is looking for energy visionaries ready to help us define the next era. [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 is a substantial contributor to the Texas economy, having invested more than $8 billion in transmission, power generation, gas pipelines and other operations in Texas. Each equity unit will be issued in a stated amount of $50. The activists claimed that the Martin County power plant's water use had caused the forest's health to decline. The transaction leverages many of NextEra Energy's core competencies, including investing smartly to improve operations, creating long-term value for both customers and shareholders. [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. "There wasn't an industry at all." [3] NEER, together with its affiliated entities, is the world's largest generator of renewable energy from the wind and sun. Explore our products and solutions below. Chadbourne & Parke LLP is serving as lead legal counsel to NextEra Energy. By joining the talent community, we will stay in touch regarding openings across NextEra Energys family of businesses, as well as provide expert advice for your career search and a behind-the-scenes look at life at NextEra Energy. [1] FPL Group changed its name to NextEra Energy Inc. in March 2010. Other companies abandoned the state entirely. (832) 833-2700. [49], In 2007, Florida's Public Service Commission rejected a plan by NextEra Energy to build a coal-burning power plant on 5,000 acres (20km2) in Moore Haven, Florida, near the Everglades National Park. 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. With creditor repayment composed primarily of cash, the transaction would deliver a high degree of certainty of value to the EFH bankruptcy estate. Follow this link to reach our Job Search page to search for available jobs in a more accessible format. [8], During the 2016 Republican Party presidential primaries, NextEra Energy donated $1 million to a Super PAC supporting Jeb Bush's presidential candidacy. Providing Clean Energy Across North America Investing in America's Energy Infrastructure We invest billions of dollars every year in infrastructure for this and future generations. We customize the right solutions that work best for your business based on your goals and objectives. The listen-only webcast will be available on NextEra Energy's website by accessing the following link: www.NextEraEnergy.com/investors. This docket was last retrieved on March 8, 2021. ET (8 a.m. CT) today. 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. Click the button below to join our talent community and open the door to the next era of your career. 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. The National Park Service raised concerns that the coal plant would contaminate Lake Okeechobee with mercury and harm the Everglades. ET (8 a.m. CT) today. [15], In June 2005, FPL Energy, a subsidiary of FPL Group, acquired Houston-based Gexa Energy in June 2005 for $80.6 million. EFH is not prohibited from soliciting proposals from third parties prior to bankruptcy court approval of EFH entering into the definitive agreement with NextEra Energy. [53] FPL has also donated $20,000 to Perrys political committee, Building a Prosperous Florida, while TECO has donated $2,500. Megawatts of renewable generation in operation, Megawatts of renewable generation under development, Megawatts of battery storage operating & under development, in the world for innovation, according to Fortune, planned investments in American infrastructure through 2022, of high-paying American jobs created through our investments. [4] For more information about NextEra Energy companies, visit these websites: www.NextEraEnergy.com, www.FPL.com, www.NextEraEnergyResources.com. NextEra Energy Resources delivers clean energy across much of North America, helping provide sustainable solutions to meet evolving energy needs. [12], In March 2000, FPL Group and Spanish company Iberdrola SA were reported to be in "extensive merger discussions". Next Era Energy is an Equal Opportunity Employer. All rights reserved. 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 .

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