Infrastructure

NextEra Expands Florida Natural Gas Generation in $6.5B Deal with Southern Company

NextEra Energy, Inc., the self-proclaimed largest utility company in the world, announced an agreement Monday with Southern Company to acquire Gulf Power, Florida City Gas and ownership interests in the Oleander and Stanton natural gas generating plants in Florida in deals valued at about $6.475 billion, including $1.4 billion of debt. Read More

FERC Denies New Market Rehearing Request, Shifts Course on Environmental Reviews

FERC by a 3-2 vote has denied a request for rehearing of its April 2016 decision to issue a certificate of public convenience and necessity for Dominion Transmission Inc.'s New Market project, with the majority declaring that it will continue to take into account proposed pipelines' potential greenhouse gas emissions, but not their impacts on natural gas production and consumption. Read More