NextEra Energy Selling Its Stake in NE Pa. Marcellus Pipeline

Yesterday, the management of NextEra Energy announced it has officially lost its collective mind. The company is selling its two… Continue reading The post NextEra Energy Selling Its Stake in NE Pa. Marcellus Pipeline first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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NextEra Energy Writes Down $1.2B for Mountain Valley Pipeline

The world’s largest producer of wind and solar energy, NextEra Energy, also happens to be a major investor in the 303-mile Mountain Valley Pipeline (MVP) project. On Tuesday NextEra announced it recorded a loss in fourth-quarter 2020, mainly because of a $1.2 billion write down on its investment in MVP. But have no fear, “write

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NextEra Energy to sell equity units

NextEra Energy Inc. announced this week it intends to sell $2.5 billion of equity units in the Florida-based electric utility parent, Kallanish Energy reports. Each equity unit will be issued at $50. Each unit will consist of a contract to purchase NextEra Energy common stock in the future and a 5% undivided beneficial ownership interest in a

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