As part of the transaction, NextEra Energy intends to fund $9.5 billion, primarily for the repayment of EFIH debt. Trinity Operating. Click the button below to join our talent community and open the door to the next era of your career. 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. Supervisor Field Operations - Gas Infra. Increase renewable fuel production and reduce emissions. The company ranked 167th on the 2018 Fortune 500 of the largest United States corporations by revenue.[7]. Nextera Energy is incorporated in Florida. The number of shares issuable to such creditors and EFH creditors will be determined based on the estimated cash on hand at EFH at the closing of the transaction, the volume weighted average price of NextEra Energy common stock for a specified number of days leading up to the closing and other factors specified in the definitive agreement. Reduce your carbon emissions through renewable energy sources. FPL, the largest of the subsidiaries, delivers rate-regulated electricity to approximately 5 million customer accounts, or an estimated 10 million people, across nearly half of Florida and is the third largest electric utility company in the United States. Only the state of Nevada has tried such legislation before. NextEra Energy believes its deep operating experience, strong financial profile, traditional utility ownership model and meaningful Texas presence offer uniquely compelling advantages. 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. Upon completion of the transaction, together with Florida Power & Light Company (FPL) and NextEra Energy Resources, LLC, Oncor will become a principal business of NextEra Energy. NextEra Energy remains committed to maintaining its strong balance sheet. We are a clean energy leader, investing in our nations energy infrastructure and creating energy solutions for our customers. Click the button below to join our talent community and open the door to the next era of your career. FPL recently received the top ranking for residential customer satisfaction among large electric providers in the southern U.S., according to the J.D. Veterans for Conservative Principles, his political committee, accepted close to $13,000 from NextEra and $5,000 from Duke. 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. JUNO BEACH, Fla., Sept. 16, 2020 /PRNewswire/ -- NextEra Energy, Inc. (NYSE: NEE) announced today that it has agreed to sell $2.0 billion of equity units to BofA Securities and Barclays. [26] In February 2018, NextEra Energy floated a $15.9 billion proposal to buy Santee Cooper and briefed South Carolina lawmakers.[27]. Requisition ID: 71766. Free warehouse job search site: PGD Inventory Tech NextEra job in Boron California, USA. CF Industries and NextEra Energy Resources announce a memorandum of understanding for a First Quarter 2023 NextEra Energy, Inc. and NextEra Energy Partners, LP Conference Call, Fourth Quarter and Full-Year 2022 NextEra Energy, Inc. and NextEra Energy Partners, LP Conference Call. According to him, he would have to lay off much of his workforce. Analyst and Investor Webcast and Conference Call. Journalists can reach a NextEra Energy spokesperson 24 hours a day, 7 days a week. Visit the Career Advice Hub to see tips on interviewing and resume writing. We develop, construct and operate power projects to produce electricity. Copyright 2022, NextEra Energy, Inc. All rights reserved, Press Tab to Move to Skip to Content Link. BY Vivek Wadhwa, Ismail Amla and Alex Salkever. 2016 Republican Party presidential primaries, United States Court of Appeals for the Eleventh Circuit, "Juno-based FPL Group to become NextEra Energy", "NextEra Energy, Inc. 2021 Annual Report (Form 10-K)", "NextEra Energy, Inc. United States Securities and Exchange Commission Annual Report, Form 10-K (2020)", "World's #1 Renewable Energy Installer, NextEra, Powers on with Renewables Despite Trump", "Million-Dollar Donors in the 2016 Presidential Race", "FPL Acquires Electric-Power Plants To Gain Presence in the Northeast", "FPL Energy closes on Maine power plants", "Spain's Iberdrola Is in Discussions To Acquire Florida Utility Parent", "Effort by Iberdrola to Buy FPL in U.S. At this time, the stock ticker symbol also changed from FPL to NEE. [53] FPL has also donated $20,000 to Perrys political committee, Building a Prosperous Florida, while TECO has donated $2,500. Date: Apr 3, 2023. Sign in to create your job alert for Field Operations Supervisor jobs in Houston, TX. [39], In 2021, investigative reporting by the Miami Herald revealed that NextEra Energy had lobbied Florida legislators to undermine rooftop solar by preventing homeowners and businesses to engage in net metering (selling excess power back to FPL). Candidate preferences are the decision of the Employer or Recruiting Agent, and are controlled by them alone. NextEra Energy announces 2023 first quarter financial results. Mark Prohaska, a NextEra Energy employee, jumped into action when he saw a way to help. We didnt become the worlds leading sustainable solutions provider by being one-dimensional. Not long after resigning, the Miami Herald nailed him for employing Hooters waitresses in the form of campaign "consultants. [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. Reshape your consumption by changing how and when you use energy. Manager, Financial and Sustainability Communication. 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. 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. 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. About Nextera Energy Resources As America's premier clean energy leader and the world's largest producer of wind and solar energy, we've pioneered technologies that have transformed our industry. Power 2016 Electric Utility Residential Customer Satisfaction Study. Trinity Operating, LLC 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. Headquartered in Houston, Texas, we are a subsidiary of NextEra Energy, the world's largest generator of renewable energy from the wind and sun. 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 transaction is expected to close on Sept. 18, 2020. Vice President, Chief Communications Officer, Debra Larsson [51] Artiles has for years associated with Florida utilities, including NextEra and its subsidiary FPL. Through its subsidiaries, NextEra Energy generates clean, emissions-free electricity from eight commercial nuclear power units in Florida, New Hampshire, Iowa and Wisconsin. [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. With creditor repayment composed primarily of cash, the transaction would deliver a high degree of certainty of value to the EFH bankruptcy estate. in the world for innovation, according to Fortune, planned investments in American infrastructure through 2022, reduction in our dependency on foreign oil since 2001, total shareholder return over the last 15 years, of high-paying American jobs created through our investments. At NextEra Energy, people power our ideas with grit. Our company and its affiliates are actively. NextEra Energy Resources is one of the largest generators of solar energy in the country. 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". [30], In January 2018, NextEra Energy, along with Entergy, withdrew from the Nuclear Energy Institute (NEI) over disagreements on the trade group's agenda. Find your next career with Americas leading Conserve natural resources, reduce and repurpose waste. [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]. [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. Trinity Operating is an independent oil and natural gas company headquartered in Houston with current operations in Louisiana, Oklahoma and Texas. 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. Since I gave my 2 weeks notice, they have had me scheduled for twice daily meetings to get all the info drained. The National Park Service raised concerns that the coal plant would contaminate Lake Okeechobee with mercury and harm the Everglades. To do that, the electric transmission system must be improved, and NextEra Energy Transmission is leading the way. The companies terminated the merger in April 2001. NextEra Energy commits to no involuntary reductions to Oncor's workforce as a result of the transaction for at least two years after closing. More than 75% of NextEra Energy Resources generation comes from the wind and sun. Reduce your carbon emissions through renewable energy sources. We customize the right solutions that work best for your business based on your goals and objectives. 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. In 2015, state regulators opted to cut the net-metering rate to a mere fraction of what it was. 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. Access additional case information on PACER Houston, TX. Every organization follows its own path to decarbonization. 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.. 1 in the electric and gas utilities industry in Fortune's 2016 list of "World's Most Admired Companies." Our team tailors solar solutions that enable customers to generate clean, reliable energy from their rooftops, parking structures and open land. NextEra Energy sets industry-leading Real Zero goal to eliminate carbon emissions from its operations, leverage low-cost renewables to drive energy affordability for customers. 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. [11] After that effort failed, FPL completed the purchase in 1999. When expanded it provides a list of search options that will switch the search inputs to match the current selection. Note that applications are not being accepted from your jurisdiction for this job currently via this jobsite. The transaction provides clear benefits for NextEra Energy investors. A subscription to PACER is required. Robert L. Gould No two clean energy strategies look the same. 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. Get notified about new Field Operations Supervisor jobs in Houston, TX. 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. These filings and docket sheets should not be considered findings of fact or liability, nor do they necessarily reflect the view of Justia. 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. [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. Megawatts of renewable generation in operation, Megawatts of renewable generation under development, Megawatts of battery storage operating & under development, in the world for innovation, according to Fortune, planned investments in American infrastructure through 2022, of high-paying American jobs created through our investments. 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. The Oklahoma state law, which took effect in May 2018 to protect open air space, states that developers obtain either a "no hazard" determination for each turbine from the Federal Aviation Administration (FAA) or work out a mitigation plan with the United States Department of Defense (DoD), and then submit notification of such with the Oklahoma Corporation Commission before construction may begin. We didnt become the worlds leading sustainable solutions provider by being one-dimensional. Two years of public outcries and lobbying by Tesla were needed for Nevada to reverse course. 1 in the electric and gas utilities industry in Fortune's 2016 list of "World's Most Admired Companies." By joining the talent community, we will stay in touch regarding openings across NextEra Energy's family of businesses, as well as provide expert advice for your career search and a behind-the-scenes look at life at NextEra Energy. [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. Copyright 2023 NextEra Energy, Inc. All rights reserved. A more recent docket listing [17] The companies mutually agreed to terminate the sale in October 2006 due to uncertainty over regulatory and judicial matters in Maryland. Subscribe to Justia's Free Newsletters featuring summaries of federal and state court opinions. Important factors that could cause actual results to differ materially from those indicated by any such forward-looking statements include risks and uncertainties relating to: the risk that NEE, EFH or Oncor may be unable to obtain bankruptcy court and governmental and regulatory approvals required for the merger, or required bankruptcy court and governmental and regulatory approvals may delay the merger or result in the imposition of conditions that could cause the parties to abandon the transaction; the risk that a condition to closing of the merger may not be satisfied; the expected timing to consummate the proposed merger; the risk that the businesses will not be integrated successfully; the risk that the cost savings and any other synergies from the transaction may not be fully realized or may take longer to realize than expected; disruption from the transaction making it more difficult to maintain relationships with customers, employees or suppliers; the diversion of management time and attention on merger- related issues; general worldwide economic conditions and related uncertainties; the effect and timing of changes in laws or in governmental regulations (including environmental); fluctuations in trading prices of securities of NEE and in the financial results of NEE, EFH or Oncor or any of their subsidiaries; the timing and extent of changes in interest rates, commodity prices and demand and market prices for electricity; and other factors discussed or referred to in the "Risk Factors" section of Oncor's or NEE's most recent Annual Reports on Form 10-K filed with the Securities and Exchange Commission. Trinity Operating is part of the Energy, Utilities & Waste industry, and located in Texas, United States. The transaction is subject to bankruptcy court confirmation of EFH's plan of reorganization, approval by the Public Utility Commission of Texas, the expiration or termination of the waiting period under the Hart-Scott-Rodino Act, the Federal Energy Regulatory Commission and other customary conditions and approvals. Explore our products and solutions below. The transaction is consistent with NextEra Energy's focus on investing in regulated and long-term contracted assets. Trinity Operating, LLC 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. Headquartered . 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. Trinity Operating, LLC 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.. Through its subsidiaries, NextEra Energy generates clean, emissions-free electricity from eight commercial nuclear power units in Florida, New Hampshire, Iowa and Wisconsin. Asset Type. 1 in the electric and gas utilities industry on Fortunes 2023 list of World's Most Admired Companies, recognized on Fortunes 2021 list of companies that Change the World and received the S&P Global Platts 2020 Energy Transition Award for leadership in environmental, social and governance. (Enter less keywords for more results. PO Box 1188, Houston, Texas, 77251, United States. The year before, Perry voted in support of NextEras exploratory fracking legislation while serving on the committee chaired by Artiles. Hang on a moment while we're loadingNextEra Energy is helping create sustainable energy that's efficient, clean and affordable. 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. 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 [49] The Democrats lost by a mere thirty two votes.
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