NextEra Energy, Inc. (NEE), 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.
Articles from Florida
Landmark offshore drilling safety rules put in place following the tragic Macondo well blowout in 2010 may be rolled back by the Trump administration.
Maryland and Florida are moving forward with efforts designed to hamper the Trump administration’s plans to expand oil and natural gas drilling in the offshore.
Continuing a decade-long trend, Florida Power & Light (FPL) this month pushed ahead with plans for natural gas-fired and solar electricity generation facilities, but it intends to delay plans for two units at an existing nuclear plant.
A coalition of environmental groups led by the Sierra Club urged a federal appellate court to reject calls by FERC and project sponsors to stay a mandate over a trio of Southeast natural gas pipelines, in effect shutting the projects down immediately.
The sudden reversal Tuesday by the Department of Interior to drop Florida from a draft proposal to expand U.S. offshore drilling sparked criticism from other coastal state leaders also opposed.
The complex dispute over a trio of natural gas pipelines in the Southeast, including Sabal Trail, took another turn after environmental groups and landowners opposed to the pipelines urged a federal appeals court to reject a FERC request that the court reverse a decision to vacate project permits.
FERC issued a draft supplemental environmental impact statement (EIS) Wednesday for the Sabal Trail Pipeline and two related pipeline expansions, addressing an Aug. 22 appeals court opinion that vacated and remanded its certificate for the projects.
Hurricane Irma made landfall in Florida early Sunday morning as a Category 4 storm, strafing the state and knocking out power to millions. Authorities said it could takes weeks before power is restored to every customer.