Nextera Power Purchase Agreement
NextEra Energy Inc Chief Executive James Robo said Wednesday that the largest U.S. electricity supplier would not embark on a hostile takeover, a day after reports emerged that there was an approach from Duke Energy Corp in what would be the largest industry of all time… This is the second wind power purchase agreement between the two companies. Google Energy is also purchasing 114 megawatts of clean renewable energy from the NextEra Energy In Story New Energy Center and Hardin in Iowa. The 81 MW Stuttgart Solar Energy Center was completed in January 2018 by NextEra Energy Resources. Entergy Arkansas also signed a 20-year power purchase agreement for power. July 28 (Renewables Now) – Several major power purchase contracts (PPAs) have been announced in the past two weeks, including by giants such as Microsoft. Let`s start with the latest news. The solar projects are the 200 MW Brickyard solar farm in Boone County and the 100 MW Greensboro plant, which has 30 MW of battery storage in Henry County. NextEra Energy Resources, a subsidiary of NextEra Energy Inc., will develop, build, own and operate the facilities.
The projects are expected to be commissioned by mid-2023 and NIPSCO will purchase its production under 20-year power purchase contracts. NextEra Energy Resources NextEra Energy Resources, LLC, is a leading clean energy supplier and one of the largest competitive energy suppliers in North America. NextEra Energy Resources is a subsidiary of Juno Beach, In Fla.-based NextEra Energy, Inc. (NYSE: NEE), the largest renewable wind and solar energy generator in North America. It operates clean, emission-free nuclear power plants in New Hampshire, Iowa and Wisconsin as part of the NextEra Energy nuclear fleet, the third largest in the United States. NextEra Energy generated revenues of more than $15 billion in 2010, nearly 43,000 megawatts of generating capacity and approximately 15,000 employees in 28 states and Canada. For more information, they visit www.NextEraEnergyResources.com. Pacific Gas and Electric Co., or PG-E, and its parent company, PG-E Corp., has submitted a September 9 turnaround plan to comply with existing power purchase contracts, so that the counterparties of the contract have reason to be optimistic, such as joint litigation companies until 2020.