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NextEra Energy completes acquisition of Florida City Gas from Southern Company

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NextEra Energy completes acquisition of Florida City Gas from Southern Company

PR Newswire

JUNO BEACH, Fla., July 29, 2018 /PRNewswire/ -- NextEra Energy, Inc. (NYSE:NEE) today announced it has completed its previously announced acquisition of Florida City Gas from Southern Company (NYSE:SO).

NextEra Energy, Inc. logo. (PRNewsFoto/NextEra Energy, Inc.)

"We are pleased to complete this transaction and welcome the Florida City Gas employees to the NextEra Energy family," said Jim Robo, chairman and chief executive officer of NextEra Energy. "Through our long-term strategy of enhancing productivity, expanding clean energy and making smart infrastructure investments, we will be able to extend our best-in-class value proposition of affordability, reliability and customer service to Florida City Gas customers."

Florida City Gas serves approximately 110,000 residential and commercial natural-gas customers in Florida's Miami-Dade, Brevard, St. Lucie and Indian River counties with 3,700 miles of natural gas pipelines.

NextEra Energy, Inc.
NextEra Energy, Inc. (NYSE:NEE) is a leading clean energy company with consolidated revenues of approximately $17.2 billion, operates approximately 46,790 megawatts of net generating capacity and employs approximately 14,000 people in 33 states and Canada as of year-end 2017. Headquartered in Juno Beach, Florida, NextEra Energy's principal subsidiaries are Florida Power & Light Company, which serves approximately 5 million customer accounts in Florida and is one of the largest rate-regulated electric utilities in the United States, and NextEra Energy Resources, LLC, which, together with its affiliated entities, is the world's largest generator of renewable energy from the wind and sun. Through its subsidiaries, NextEra Energy generates clean, emissions-free electricity from eight commercial nuclear power units in Florida, New Hampshire, Iowa and Wisconsin. A Fortune 200 company and included in the S&P 100 index, NextEra Energy has been recognized often by third parties for its efforts in sustainability, corporate responsibility, ethics and compliance, and diversity, and has been ranked No. 1 in the electric and gas utilities industry in Fortune's 2018 list of "World's Most Admired Companies." For more information about NextEra Energy companies, visit these websites: www.NextEraEnergy.com, www.FPL.com, www.NextEraEnergyResources.com

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SOURCE NextEra Energy, Inc.

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