NextEra Energy Resources LLC (NER), a subsidiary of NextEra Energy Inc., said one of its subsidiaries has agreed to sell its interest in four natural gas power plants to an LS Power affiliate for $1.05 billion. The facilities are the 507 MW Blythe Energy Center in Blythe, CA; the 668 MW Calhoun Energy Center in Eastaboga, AL; the 98 MW Cherokee Energy Center in Gaffney, SC; and the 879 MW Doswell Energy Center in Ashland, VA. An NER affiliate will initially continue to operate the facilities through service contracts. Closing is expected during 4Q2011, pending approval from regulators and third parties.

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