Items Tagged with 'power'

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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

Plump Storage Injection Too Little Too Late to Stop NatGas Forwards Rally

Natural gas forward prices for October rose an average 17 cents from Sept. 8-14 as weather forecasts called for warmer-than-normal temperatures to finish out the month, according to NGI’s Forward Look. But the market’s realization that demand destruction caused by Hurricane Irma may have been overestimated also weighed on forwards this week. Read More