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Launch our interactive wizard to see how our solutions can help you reach your clean energy goals. The year before, Perry voted in support of NextEras exploratory fracking legislation while serving on the committee chaired by Artiles. NextEra Energy has been recognized often by third parties for its efforts in sustainability, corporate responsibility, ethics and compliance, and diversity. Copyright 2023 NextEra Energy, Inc. All rights reserved. The company ranked 167th on the 2018 Fortune 500 of the largest United States corporations by revenue.[7]. (Enter less keywords for more results. Our core strategy has remained consistent and has led to a long-term track record of creating shareholder value. A replay will be available by accessing the same link as listed above. NextEra Energy began investing in shale gas production in 2008, and today has more than $1 billion deployed in several plays around the country. NextEra Energy is committed to retaining local management, the Dallas headquarters and the Oncor name. The future of energy is here. No two clean energy strategies look the same. Enter your email and tell us a little about yourself. Your job seeking activity is only visible to you. NextEra Energy Marketing (NEM) is one of the top marketers of power in the nation. NextEra Energy expects that Oncor's credit rating will be improved post-closing, generating savings for customers in terms of lower borrowing costs. "There wasn't an industry at all." The company provides hundreds of good, well-paying jobs across the state and pays millions of dollars annually in payroll, property taxes and lease payments to local landowners. PO Box 1188, Houston, Texas, 77251, United States. "We are incredibly impressed by Oncor's management team and its employees, and we are committed to retaining the Oncor name, its Dallas headquarters and local management. [49], On April 21, 2017, Frank Artiles resigned from the Florida Senate after being caught using the N-word while in front of black co-workers. In 2016, New Hampshire Transmission, a subsidiary of NextEra Energy, was fined $6.8M for illegally charging millions of dollars worth of development costs to New England ratepayers. The parties will request that the bankruptcy court approve EFH's entry into the agreement as soon as practicable. [44] This is a tired tactic that utilities have used to maintain their monopoly grip on electricity markets, said Will Giese, southeast regional director for the Solar Energy Industries Association.[45]. NextEra Energy, Inc. is an American energy company with about 58 GW of generating capacity (24 GW of which were from fossil fuel sources [4] ), revenues of over $18 billion in 2020, and about 14,900 employees throughout the US and Canada. The transaction is consistent with NextEra Energy's focus on investing in regulated and long-term contracted assets. [8], During the 2016 Republican Party presidential primaries, NextEra Energy donated $1 million to a Super PAC supporting Jeb Bush's presidential candidacy. [49] The Democrats lost by a mere thirty two votes. Every organization follows its own path to decarbonization. The definitive agreement will be filed publicly as part of the restructuring of EFH currently before the United States Bankruptcy Court for the District of Delaware. We customize the right solutions that work best for your business based on your goals and objectives. We choose, combine and customize the right solutions for every partners needs. NextEra Energy Resources Jan 2019 - Present4 years 4 months Houston, Texas Leader of upstream construction, environmental, safety, and regulatory teams within the Gas Infrastructure Business. NextEra Energy remains committed to maintaining its strong balance sheet. [46] "It's going to be a crusher for the solar industry," said Rutherford, founder of Tampa Bay Solar. NextEra Energy expects the transaction to be meaningfully accretive to earnings. At this time, the stock ticker symbol also changed from FPL to NEE. [24], NextEra Energy and Energy Future Holdings, parent company of Texas-based utility Oncor Electric Delivery, reached a $18.7 billion merger agreement on July 29, 2016, but the agreement was terminated in July 2017 after the Texas Public Utility Commission rejected the offer over disagreement on the control of Oncor's board of directors. These risks, as well as other risks associated with the merger, will be more fully discussed in subsequent filings with the SEC in connection with the merger. NextEra Energy is a substantial contributor to the Texas economy, having invested more than $8 billion in transmission, power generation, gas pipelines and other operations in Texas. [3] As of 2020, approximately 41% of NextEra Energy's generating capacity was from fossil fuels and non-renewables. Additional risks and uncertainties are identified and discussed in NEE's and Oncor's reports filed with the SEC and available at the SEC's website at, NextEra Energy Resources and Portland General Electric celebrate first-in-the-nation combined clean energy facilities, Leveraging technology in times of need, an employee story. The definitive agreement is part of an overall plan of reorganization that is designed to allow EFH to emerge from Chapter 11 bankruptcy. [16], In December 2005, FPL Group announced an $11 billion all-stock acquisition of Maryland-based Constellation Energy Group. NextEra Energy also commits that, for two years after closing, current Oncor employees will be provided no less favorable salaries or wage rates and substantially comparable incentive compensation opportunities and employee benefits. Trinity Operating Employee Directory Trinity Operating corporate office is located in PO Box 1188, Houston, Texas, 77251, United States and has 163 employees. [53] FPL has also donated $20,000 to Perrys political committee, Building a Prosperous Florida, while TECO has donated $2,500. ET (8 a.m. CT) today. Didnt find the perfect job? [23] The proposed merger had support from over 25 local groups, including the Hawaii State AFLCIO and the Hawaii Chamber of Commerce. Sam Tisci has been working as a Production Engineering Consultant at Trinity Operating for 4 years. Rebecca Kujawa is the president and chief executive officer of NextEra Energy Resources, LLC, a competitive energy supplier with approximately 24,600 megawatts of total net generating capacity, primarily in 38 states and Canada as of year-end 2021.NextEra Energy Resources is the world's largest generator of renewable energy from the wind and sun, and a world leader in battery storage. JUNO BEACH, Fla., July 29, 2016 / PRNewswire / -- NextEra Energy, Inc. (NYSE: NEE) today announced a definitive agreement under which a newly formed subsidiary of NextEra Energy will acquire 100 percent of the equity of reorganized Energy Future Holdings Corp. ("EFH") and certain of its direct and indirect subsidiaries, including EFH's . Asset Type. Copyright 2022 NextEra Energy, Inc. All rights reserved. Increase renewable fuel production and reduce emissions. NextEra Energy announces 2023 first quarter financial results. trinity operating llc trinity river energy llc trinity operating trinity river energy trinity alternative energy group trinity oil corp Trinity Operating Global Presence Search All Employees Much of the evidence behind such claims came from research conducted by Hydro-ecologist Dr. Sydney Bacchus. Trinity Operating is an independent oil and natural gas company engaged in the exploration, development and production of oil and natural gas from onshore properties within the U.S. Requisition ID: 72216 . In May 2018, NextEra Energy announced that it planned to buy Gulf Power Company, the largest electricity producer in Northwest Florida, from Southern Company in a $6.4 billion deal, pending approval from regulators. In 2016, Florida Power & Light, which is a subsidiary of NextEra Energy, joined forces with Devon Energy, and Tampa Electric Company. - listing US Job Opportunities, Staffing Agencies, International / Overseas Employment. [26] In February 2018, NextEra Energy floated a $15.9 billion proposal to buy Santee Cooper and briefed South Carolina lawmakers.[27]. Hang on a moment while we're loadingNextEra Energy is helping create sustainable energy that's efficient, clean and affordable. Copyright 2022, NextEra Energy, Inc. All rights reserved, Press Tab to Move to Skip to Content Link. What We Do. NextEra Energy has committed that it and its subsidiaries, other than Oncor, will not incur, guarantee or pledge assets in respect of any new debt that is solely or almost entirely dependent on the revenues of Oncor without first seeking approval from the Public Utility Commission of Texas. NextEra Energy, Inc. About NextEra Energy NextEra Energy, Inc. (NYSE: NEE) is a leading clean energy company headquartered in Juno Beach, Florida. In 2015, state regulators opted to cut the net-metering rate to a mere fraction of what it was. These filings and docket sheets should not be considered findings of fact or liability, nor do they necessarily reflect the view of Justia. Oncor will be part of a family of companies that shares Oncor's commitment to making the smart, long-term investments necessary to maintain and support affordable, reliable service. This financial strength should enable Oncor to continue to invest in smart, innovative technologies and execute on its five-year capital plan for the benefit of customers. "We are pleased to have reached a definitive agreement to acquire EFH's 80 percent indirect interest in Oncor," said Jim Robo, chairman and chief executive officer of NextEra Energy. Over the last several years, NextEra has been very aggressive against customer-owned solar, says Alissa Schafer, a researcher with the Energy and Policy Institute, a clean energy advocacy group. NextEra Energy, which has been recognized as the top electric and gas utility in Fortune's "Most Admired Companies" ranking 9 out of the last 10 years, will employ a traditional utility organizational structure. The spoiler candidates were on the ballot as a no-party option and were intended to confuse voters and dilute support for the Democratic candidate in each race. [56], In 2018, the 11th Circuit in Atlanta rejected NextEra's request for a $97M refund on costs related to the cleaning up of nuclear waste between 1969 and 1995. NEE cautions readers that any forward-looking statement is not a guarantee of future performance and that actual results could differ materially from those contained in any forward-looking statement. Each equity unit will be issued in a stated amount of $50. The transaction provides clear benefits for NextEra Energy investors. Our Real Zero Blueprint is the most ambitious target set by any U.S. utility or power generator. Dominion Energy offered $14.6 billion to buy SCANA, but South Carolina lawmakers harshly criticized the proposal over a lack of future taxpayer relief. Post warehouse jobs for free; apply online for Energy/Power Generation / PGD Inventory Tech NextEra job California, USA. Dr. Bacchus claimed that the power plant's water use had caused "surficial aquifer drawdown". BY Vivek Wadhwa, Ismail Amla and Alex Salkever. [31] In February 2018, NextEra Energy filed a lawsuit against NEI, accusing the trade group of "retaliatory action" and "extortion", claiming that NEI revoked its ability to access the Personnel Access Data System (PADS), the nuclear industry personnel database, unless $860,000 was paid. NextEra Energy reaches definitive agreement to acquire Energy Future Holdings' interest in Oncor Electric Delivery Company, - Compelling transaction provides financial strength for Oncor and its customers and certainty of value for Energy Future Holdings' creditors, - Transaction will extinguish all Energy Future Holdings and Energy Future Intermediate Holding Company debt that currently exists above Oncor, - NextEra Energy's proven track record of providing affordable, reliable electric service for customers complements Oncor's operational strengths, - NextEra Energy committed to retaining local management, Dallas headquarters and Oncor name, - No involuntary workforce reductions at Oncor for at least two years after transaction close, - Transaction expected to be meaningfully accretive to NextEra Energy earnings. Subscribe to Justia's Free Newsletters featuring summaries of federal and state court opinions. [51] Artiles has for years associated with Florida utilities, including NextEra and its subsidiary FPL. Locations. The transaction leverages many of NextEra Energy's core competencies, including investing smartly to improve operations, creating long-term value for both customers and shareholders. We are all in this together. The transaction will improve Oncor's financial strength and result in tangible benefits for its customers. More than 75% of NextEra Energy Resources generation comes from the wind and sun. Analyst and Investor Webcast and Conference Call. We'll keep you informed about upcoming events and opportunities at NextEra Energy that match your interests. Currency in USD Follow 2W 10W 9M 76.63 +0.78 (+1.03%) At close: 04:00PM EDT 76.52 -0.11 (-0.14%) After hours: 07:53PM EDT 1d 5d 1m 6m YTD 1y. NextEra Energy owns Florida Power & Light Company, which is America's largest electric utility that sells more power than any other utility, providing clean, affordable, reliable electricity to approximately 5.8 million customer accounts, or more than 12 million people across Florida. As Americas premier clean energy leader and the worlds largest producer of wind and solar energy, weve pioneered technologies that have transformed our industry. Forward-looking statements are typically identified by words or phrases such as "may," "will," "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," "predict," and "target" and other words and terms of similar meaning. For more information about NextEra Energy companies, visit these websites: This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. His accomplice was promised $50K. [43][47] Former senator Frank Artiles and his accomplice were each charged with three third-degree felony charges related to violating campaign finance law, conspiracy to make campaign contributions in excess of legal limits, also making these excess contributions, and false swearing in connection to an election. Read news releases from NextEra Energy, Florida Power & Light Company and NextEra Energy Resources. Brant Butler Brant Butler Brant Butler Brant Butler. (832) 833-2700. Each forward-looking statement speaks only as of the date of the particular statement and NEE does not undertake any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise. [33], In August 2018, NextEra Energy received a cease and desist order by Oklahoma state officials concerning the construction of wind turbines violating state law. Of that amount, it is expected that certain creditors will be paid primarily in cash with the remainder in NextEra Energy common stock. Status. Click the link in the email we sent to to verify your email address and activate your job alert. Janet Mills, Massachusetts Gov. [1] FPL Group changed its name to NextEra Energy Inc. in March 2010. This docket was last retrieved on March 8, 2021. NextEra Energy, Inc. (NYSE: NEE) is a leading clean energy company with consolidated revenues of approximately $17.5 billion and approximately 14,300 employees in 27 states and Canada as of year-end 2015, as well as approximately 45,000 megawatts of generating capacity, which includes megawatts associated with noncontrolling interests related to NextEra Energy Partners, LP (NYSE: NEP) as of April 2016. The transaction is a straightforward, traditional acquisition by a utility holding company. We have incorporated the cleanest-burning fossil fuel into our portfolio with natural gas-fired facilities. 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. This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Where permitted by applicable law, NextEra requires all employees and new hires to be fully vaccinated for COVID-19 or be willing to receive the COVID-19 vaccination prior to first day of employment. At NextEra Energy, people power our ideas with grit. The transaction is expected to close on Sept. 18, 2020.
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