NextEra Energy's Acquisition of Gulf Power
Sector: Power Generation (CCGT) • Location: Tallahassee, Florida, United States
Source: The Floridian
NextEra Energy Inc., the parent company of Florida Power & Light, completed the purchase of Gulf Power from Southern Company. This acquisition expands NextEra's footprint in Florida, particularly in the Panhandle region where Gulf Power serves about 450,000 customers across eight counties. The deal was valued at $6.475 billion, including the assumption of $1.4 billion in Gulf Power debt. The acqui
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Status
Original status | Completed |
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Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
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Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | NextEra Energy Inc., the parent company of Florida Power & Light, completed the purchase of Gulf Power from Southern Company. This acquisition expands NextEra's footprint in Florida, particularly in the Panhandle region where Gulf Power serves about 450,000 customers across eight counties. The deal was valued at $6.475 billion, including the assumption of $1.4 billion in Gulf Power debt. The acquisition was completed in early 2019, following an initial announcement in May 2018. |
Original sub-sector | Obfuscated |
Original Currency | USD |
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Procurement method | Obfuscated Data |
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Source reliability | High |
Data quality score | 100% |
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URL | obfuscated_data,obfuscateddata.com |
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