NextEra Energy expects the accretion from this transaction to enable it to grow at or near the top end of its previously announced 6 percent to 8 percent per year adjusted earnings per share growth rate through 2018, off a 2014 base. Use the links below to access additional information about this case on the US Court's PACER system. Houston, TX. 1 in the electric and gas utilities industry in Fortune's 2016 list of "World's Most Admired Companies." 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. (832) 833-2700. Each equity unit will be issued in a stated amount of $50. At any time after bankruptcy court approval of EFH entering into the definitive agreement and prior to confirmation of the EFH plan of reorganization, if EFH terminates the definitive agreement because it chooses to proceed with a superior alternative transaction, EFH would be obligated to pay NextEra Energy a $275 million termination fee upon the closing of the alternative transaction. [4] With creditor repayment composed primarily of cash, the transaction would deliver a high degree of certainty of value to the EFH bankruptcy estate. The year before, Perry voted in support of NextEras exploratory fracking legislation while serving on the committee chaired by Artiles. [1] FPL Group changed its name to NextEra Energy Inc. in March 2010. Didnt find the perfect job? [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. [50], Court documents obtained by the Miami Herald, as part of the state attorneys investigation, revealed that in the context of a ghost candidate scheme the organization "Lets Preserve the American Dream" awarded $125,000 to former state Sen. Frank Artiles for research. Perry has accepted $13,500 in direct political donations from Florida utilities, including $1,000 from NextEra, $2,500 from NextEra company Gulf Power, $4,500 from Duke Energy, and $5,500 from TECO, according to campaign finance filings. [15], In June 2005, FPL Energy, a subsidiary of FPL Group, acquired Houston-based Gexa Energy in June 2005 for $80.6 million. Enter your email and tell us a little about yourself. NextEra Energy had filed obstruction evaluation cases for the construction of wind turbines in Oklahoma with the FAA in March 2018, but the FAA had yet to issue determinations at the time that the cease and desist order was issued. NextEra Energy intends to repay in full the EFIH first lien debtor-in-possession ("DIP") financing facility (currently approximately $5.4 billion principal amount) using cash financed by a non-EFH/Oncor NextEra Energy affiliate upon closing. Through its subsidiaries, NextEra Energy generates clean, emissions-free electricity from eight commercial nuclear power units in Florida, New Hampshire, Iowa and Wisconsin. NEM buys and sells wholesale energy commodities and manages all the fuel needs of NextEra Energy Resources. Trinity Operating. Copyright document.write(new Date().getFullYear()) NextEra Energy, Inc. All rights reserved. Working with our affiliate companies, we focus on: We are a leader in developing, constructing and operating energy infrastructure including power generation facilities, electric transmission lines, natural gas pipelines and energy storage facilities. In 2021, investigative reporting by the Orlando Sun Sentinel revealed that FPL funded political consultants more than $3 million to promote "ghost" spoiler candidates in key Florida legislature races. 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. 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. Disclaimer: Justia Dockets & Filings provides public litigation records from the federal appellate and district courts. [3] As of 2020, approximately 41% of NextEra Energy's generating capacity was from fossil fuels and non-renewables. [23] The proposed merger had support from over 25 local groups, including the Hawaii State AFLCIO and the Hawaii Chamber of Commerce. Vice President, Chief Communications Officer, Debra Larsson We didnt become the worlds leading sustainable solutions provider by being one-dimensional. Trinity is currently operating in 3 basins; Eagle Ford, Haynesville, Arkoma Woodford. The National Park Service raised concerns that the coal plant would contaminate Lake Okeechobee with mercury and harm the Everglades. The listen-only webcast will be available on NextEra Energy's website by accessing the following link: www.NextEraEnergy.com/investors. Reduce your carbon emissions through renewable energy sources. [57], In 2019, the Florida Supreme Court concluded that NextEra Energy could charge Florida ratepayers for over $132M in nuclear waste cleanup costs. JUNO BEACH, Fla., Nov. 30, 2021 /PRNewswire/ -- NextEra Energy, Inc. (NYSE: NEE) today announced that a subsidiary of NextEra Energy Resources, LLC has entered into an agreement to sell a 50% non-controlling interest in an approximately 2,520 megawatt (MW) portfolio of long-term contracted renewables assets (the portfolio) to the Ontario Teachers' Pension Plan Board (Ontario Teachers' or the . Trinity Operating is an independent oil and natural gas company headquartered in Houston with current operations in Louisiana, Oklahoma and Texas. Trinity Operating is part of the Energy, Utilities & Waste industry, and located in Texas, United States. [34] In 2022, NextEra paid $8 million for missing eagle permits. NextEra Energy announces 2023 first quarter financial results. NextEra Energy Resources has a proven track record of experience and expertise in the energy business. Location. Since I gave my 2 weeks notice, they have had me scheduled for twice daily meetings to get all the info drained. When you couple that with diversity and . Candidate preferences are the decision of the Employer or Recruiting Agent, and are controlled by them alone. NextEra Energy's utility, FPL, provides its customers with electric bills that are the lowest in Florida and 30 percent below the national average, as well as award-winning customer service. Sign in to create your job alert for Field Operations Supervisor jobs in Houston, TX. Sign up to receive press release email alerts. The transaction provides certainty of value for the creditors of the EFH bankruptcy estate. NextEra Energy intends to honor all existing union contracts and commitments. NextEra Energy is looking for energy visionaries ready to help us define the next era. Gas, was completed on January 1, 2019. Our Real Zero Blueprint is the most ambitious target set by any U.S. utility or power generator. NextEra Energy believes its deep operating experience, strong financial profile, traditional utility ownership model and meaningful Texas presence offer uniquely compelling advantages. Our Real Zero Blueprint is the most ambitious target set by any U.S. utility or power generator. sustainable energy company. California-based SolarCity did away with 550 jobs, holding the revised net-metering rate accountable. [13] The talks were terminated and the merger transaction was not consummated due to opposition from Iberdrola's board, according to news reports. 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. The mailing campaign employed the language of the Democratic candidate and had the accomplice focusing on fixing health care, and fighting climate change, all paid for by new, out-of-state political committees. The economics of natural gas are critical to nearly every one of the company's businesses. [54][55], On 5 January 2009, 30 environmental activists staged a five-day vigil along the Barley Barber Swamp to draw attention to what they claimed were damages being wrought by the power company's 3,705 megawatt Martin County plant. Locations. Artiles obtained over $30,000 in political contributions from Florida utilities throughout his time in office, which included $6,000 from NextEra, $4,500 from TECO, and $4,000 from Duke Energy, all direct contributions. Such forward-looking statements include, but are not limited to, statements about the anticipated benefits of the proposed merger involving NEE and EFH, including future financial or operating results of NEE or Oncor, NEE's, EFH's or Oncor's plans, objectives, expectations or intentions, the expected timing of completion of the transaction, the value, as of the completion of the merger or as of any other date in the future, of any consideration to be received in the merger in the form of stock or any other security, and other statements that are not historical facts. [49], In 2007, Florida's Public Service Commission rejected a plan by NextEra Energy to build a coal-burning power plant on 5,000 acres (20km2) in Moore Haven, Florida, near the Everglades National Park. Power needs to move from where its generated to where its needed. Join to apply for the Supervisor Field Operations - Gas Infra role at NextEra Energy, Inc. Sign in to save Supervisor Field Operations - Gas Infra at NextEra Energy, Inc.. About Nextera Energy As one of America's largest capital investors in infrastructure, with between $50 and $55 billion in new infrastructure investments planned through 2022, we're helping ensure that the next energy to power our dreams will be American energy. Gexa Energy and NextEra Energy Services serve customers in numerous U.S. retail markets and manage billing, customer service, collections and remittance services to residential and commercial customers. [30], In January 2018, NextEra Energy, along with Entergy, withdrew from the Nuclear Energy Institute (NEI) over disagreements on the trade group's agenda. [43] NextEra Energy, made a $10,000 donation to Women Building the Future, drafted a bill, had their lobbyist deliver the bill to Florida legislator Jennifer Bradley, and subsequently donated $10,000 to her re-election campaign. Bankruptcy court approval of EFH entering into the definitive agreement is required for the agreement to be binding upon EFH and Energy Future Intermediate Holding Company LLC ("EFIH"). Opponents of the legislation claim that if such bills pass, the fast-growing green power industry would quickly start to collapse. Asset Type. Nuclear plants produce virtually no air emissions, representing a responsible energy choice as climate change concerns intensify. The definitive agreement is part of an overall plan of reorganization that is designed to allow EFH to emerge from Chapter 11 bankruptcy. [17] The companies mutually agreed to terminate the sale in October 2006 due to uncertainty over regulatory and judicial matters in Maryland. All rights reserved. FPL recently received the top ranking for residential customer satisfaction among large electric providers in the southern U.S., according to the J.D. NextEra Energy will host a conference call and webcast to discuss this announcement at 9 a.m. The transaction provides clear benefits for NextEra Energy investors. "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. Headquartered in Juno Beach, Fla., NextEra Energy's principal subsidiaries are Florida Power & Light Company, which serves more than 4.8 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. Increase renewable fuel production and reduce emissions. 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. Journalists can reach a NextEra Energy spokesperson 24 hours a day, 7 days a week. A subscription to PACER is required. According to the Sentinel, FPL donated $14.15 million to a political ad nonprofit whose consultants were connected to one of the groups that paid for Goston's ads. NextEra Energy also owns a competitive clean energy business, NextEra Energy Resources, LLC, which, together with its affiliated entities, is the worlds largest generator of renewable energy from the wind and sun and a world leader in battery storage. As one of America's largest capital investors in infrastructure, with between $50 and $55 billion in new infrastructure investments planned through 2022, we're helping ensure that the next energy to power our dreams will be American energy. NextEra Energy is committed to retaining local management, the Dallas headquarters and the Oncor name. Access additional case information on PACER We have invested billions of dollars with plans to invest even more in energy infrastructure across North America, including new wind and solar facilities, transmission and natural gas pipelines, offering our customers innovative solutions to meet their energy needs. [36], In 2021, NextEra was accused of lobbying heavily against a transmission line project proposed by Avangrid, Inc. We are one of the nation's leading providers of wholesale power generation and energy-related services. EFH is not prohibited from soliciting proposals from third parties prior to bankruptcy court approval of EFH entering into the definitive agreement with NextEra Energy. The company ranked 167th on the 2018 Fortune 500 of the largest United States corporations by revenue.[7]. Location (s): Houston, TX, US, 77002. 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. In 2016, Florida Power & Light, which is a subsidiary of NextEra Energy, joined forces with Devon Energy, and Tampa Electric Company. Building partnerships in our communities. Providing Clean Energy Across North America Investing in America's Energy Infrastructure We invest billions of dollars every year in infrastructure for this and future generations. [16], In December 2005, FPL Group announced an $11 billion all-stock acquisition of Maryland-based Constellation Energy Group. [51] Artiles has for years associated with Florida utilities, including NextEra and its subsidiary FPL. All across the country, people are fighting the coronavirus pandemic. Janet Mills, Massachusetts Gov. By joining the talent community, we will stay in touch regarding openings across NextEra Energys family of businesses, as well as provide expert advice for your career search and a behind-the-scenes look at life at NextEra Energy. As part of EFH's plan of reorganization, the transaction would extinguish all EFH and EFIH debt that currently exists above Oncor. Through its subsidiaries, NextEra Energy generates clean, emissions-free electricity from eight commercial nuclear power units in Florida, New Hampshire, Iowa and Wisconsin. Our core strategy has remained consistent and has led to a long-term track record of creating shareholder value. The president and CEO of NEI responded that the organization "vehemently denies all of the allegations in NextEras lawsuit and will vigorously defend our position in court" and that "NextEra lost the ability to participate in PADS upon choosing to discontinue its NEI membership". 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. [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. Manager, Financial and Sustainability Communication. "There wasn't an industry at all." NextEra Energy has been recognized often by third parties for its efforts in sustainability, corporate responsibility, ethics and compliance, and diversity. Access IR contact details to get in touch. Copyright 2023 NextEra Energy Resources, LLC. Cassidy Mattison has been working as a NextEra Energy Resources at Trinity Operating for 4 years. We customize the right solutions that work best for your business based on your goals and objectives. Nextera Energy is incorporated in Florida. To do that, the electric transmission system must be improved, and NextEra Energy Transmission is leading the way. Referrals increase your chances of interviewing at NextEra Energy, Inc. by 2x. This docket was last retrieved on March 8, 2021. A Google . 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. Supervisor Field Operations - Gas Infra. We develop, construct and operate power projects to produce electricity. 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. Conserve natural resources, reduce and repurpose waste. NextEra Energy is ranked No. Forward-looking statements involve estimates, expectations, projections, goals, forecasts, assumptions, risks and uncertainties. We are all in this together. Power 2016 Electric Utility Residential Customer Satisfaction Study. ET (8 a.m. CT) today. Copyright 2022 NextEra Energy, Inc. All rights reserved. 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 approximately 80 percent indirect interest in Oncor Electric Delivery Company ("Oncor"), which implies a total enterprise value of approximately $18.4 billion. 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. Next Era Energy is an Equal Opportunity Employer. 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. PO Box 1188, Houston, Texas, 77251, United States. [46] "It's going to be a crusher for the solar industry," said Rutherford, founder of Tampa Bay Solar. [6] In addition to wind and solar, NextEra Energy Resources owns and operates generating plants powered by natural gas, nuclear energy, and oil. Reshape your consumption by changing how & when you use energy. The companies terminated the merger in April 2001. 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. - listing US Job Opportunities, Staffing Agencies, International / Overseas Employment. 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. Subscribe to Justia's Free Newsletters featuring summaries of federal and state court opinions. Receive SEC filings, Events, Press Releases and Stock Price Alerts. NextEra Energy Resources is a leading wholesale power generator, operating power plants and offering a diverse fuel mix to utilities, retail electricity providers, power cooperatives, municipal electric providers and large industrial companies. [9], In January 1998, FPL Group announced that it would purchase 35 generating plants from Central Maine Power Company for $846 million. Get email updates for new Field Operations Supervisor jobs in Houston, TX. The parties will request that the bankruptcy court approve EFH's entry into the agreement as soon as practicable. 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. 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. Experience Trinity Operating 5 years 3 months Director of Operations HVL Asset / Drilling / Completions Jan 2023 - Present2 months Director - Drilling and Completions Feb 2020 - Present3. Charlie Baker, U.S. Energy Secretary Jennifer Granholm, and the states major newspapers. NextEra Energy expects that Oncor's credit rating will be improved post-closing, generating savings for customers in terms of lower borrowing costs. Today, we are the worlds largestgenerator of renewable energy from the wind and the sun. Delivering Clean-burning Natural Gas to Louisiana, Oklahoma and Texas. [28] The acquisition, which expanded NextEra Energy's combined residential customer base in Florida to approximately 51 percent of the state's population and also included Florida City The transaction is not subject to any financing contingencies. Follow this link to reach our Job Search page to search for available jobs in a more accessible format. [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. BY Vivek Wadhwa, Ismail Amla and Alex Salkever. Sam Tisci has been working as a Production Engineering Consultant at Trinity Operating for 4 years. 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 Conserve natural resources, reduce and repurpose waste. The listen-only webcast will be available on NextEra Energy's website by accessing the following link: 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. Two other competing bids were submitted in July 2017 for purchasing Oncor, including a $17.5 billion bid from Berkshire Hathaway Energy and a $18.5 billion bid from Elliott Management Corporation. According to Dr Bacchus, the ecosystem perishes when the roots of the trees become exposed due to the lower water table. [8], During the 2016 Republican Party presidential primaries, NextEra Energy donated $1 million to a Super PAC supporting Jeb Bush's presidential candidacy. Every organization follows its own path to decarbonization. NextEra Analytics (formerly WindLogics) provides renewable energy consulting using scientific analysis for planning, siting and forecasting renewable energy projects. Veterans for Conservative Principles, his political committee, accepted close to $13,000 from NextEra and $5,000 from Duke. More sustainable. Requisition ID: 72216 . 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. [49] The Democrats lost by a mere thirty two votes. Your job seeking activity is only visible to you. Free warehouse job search site: PGD Inventory Tech NextEra job in Boron California, USA. [5][4] It is the largest electric utility holding company by market capitalization. Explore our products and solutions below. The activists claimed that the Martin County power plant's water use had caused the forest's health to decline. We are a clean energy leader, investing in our nations energy infrastructure and creating energy solutions for our customers. At NextEra Energy, people power our ideas with grit. The damage comes from its Turkey Point plant which funnels nuclear waste through a 5,900-acre series of cooling canals that stretch out across Biscayne Bay. NextEra Energy commits to no involuntary reductions to Oncor's workforce as a result of the transaction for at least two years after closing. In addition, NextEra Energy's other financial advisors include Deutsche Bank Securities, J.P. Morgan Securities LLC, UBS Securities LLC and Wells Fargo Securities. [49], In 2018, Senator Keith Perry won re-election against Democrat Kayser Enneking by around 2,000 votes, due to independent Charles Goston pulling votes away from Enneking. The first utility-scale facilities to co-locate wind, solar and battery storage in North America makes the clean energy future a reality. Through its subsidiaries, NextEra Energy generates clean, emissions-free electricity from seven commercial nuclear power units in Florida, New Hampshire and Wisconsin.
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