NextEra Energy

ENERGYRE ANNOUNCES EXPANSION OF SENIOR LEADERSHIP TEAM

Retrieved on: 
Thursday, September 29, 2022

HOUSTON and NEW YORK, Sept. 29, 2022 /PRNewswire/ -- energyRe, a mission-driven developer of large-scale, 100% renewable clean energy solutions, today announced a major expansion of its senior leadership team.

Key Points: 
  • HOUSTON and NEW YORK, Sept. 29, 2022 /PRNewswire/ -- energyRe, a mission-driven developer of large-scale, 100% renewable clean energy solutions, today announced a major expansion of its senior leadership team.
  • "energyRe is at a pivotal growth point, which is reflected in the quality, talent, and experience of the people joining our team," said Miguel Prado, CEO of energyRe.
  • Wayne Galli will serve as Senior Vice President, Transmission Development for energyRe.
  • Before joining energyRe, Dr. Galli led the technical services team at Next Era Energy Transmission in pursuit of FERC Order 1000 competitive transmission projects.

NextEra Energy Resources and Portland General Electric celebrate first-in-the-nation combined clean energy facilities

Retrieved on: 
Wednesday, September 28, 2022

LEXINGTON, Ore., Sept. 28, 2022 /PRNewswire/ -- Today, state and local leaders joined NextEra Energy Resources, LLC, and Portland General Electric (PGE) to celebrate the commissioning of the first utility-scale energy facilities in North America to co-locate wind, solar and battery storage, generating renewable power for customers. 

Key Points: 
  • NextEra Energy Resources, LLC (together with its affiliated entities, "NextEra Energy Resources") is a clean energy leader and is one of the largest wholesale generators of electric power in the U.S., with approximately 24,600 megawatts of total net generating capacity, primarily in 38 states and Canada as of year-end 2021.
  • The business operates clean, emissions-free nuclear power generation facilities in New Hampshire and Wisconsin as part of the NextEra Energy nuclear fleet.
  • NextEra Energy Resources, LLC is a subsidiary of Juno Beach, Florida-based NextEra Energy, Inc. (NYSE: NEE).
  • Portland General Electric (NYSE: POR) is a fully integrated energy company based in Portland, Oregon.

Sitetracker Completes $96M in Series D Equity and Debt Financing to Accelerate Telecommunications and Energy Infrastructure Deployment

Retrieved on: 
Wednesday, September 28, 2022

MONTCLAIR, N.J., Sept. 28, 2022 /PRNewswire/ -- Sitetracker, the leading deployment operations management software for critical infrastructure providers, completed a new round of equity and debt financing totaling $96M, which will enable the company to scale its global capabilities to support renewable energy, 5G, fiber, and telecom digital infrastructure worldwide. Energize Ventures led a new round of equity funding totaling $66M, and BridgeBank, a subsidiary of Western Alliance, provided a $30M revolving credit facility.

Key Points: 
  • Energize Ventures led a new round of equity funding totaling $66M, and BridgeBank , a subsidiary of Western Alliance, provided a $30M revolving credit facility.
  • In addition to Energize Ventures, the financing round included strong participation from existing investors including H.I.G.
  • Sitetracker is currentlyoperating in 30 countries with ongoing customer deployments scheduled to bring the platform to over 100 countries by the end of 2024.
  • These initiatives include billions in funding for 5G capabilities, high-speed broadband, EV charging stations, solar arrays, and other critical infrastructure, pressuring companies to accelerate deployments of clean energy and high-speed connectivity.

NextEra Energy and NextEra Energy Partners to present at the 2022 Wolfe Research Utilities, Midstream & Clean Energy Conference

Retrieved on: 
Wednesday, September 28, 2022

JUNO BEACH, Fla., Sept. 28, 2022 /PRNewswire/ -- NextEra Energy, Inc. (NYSE: NEE) and NextEra Energy Partners, LP (NYSE: NEP) today announced that theyplan to present at the 2022 Wolfe Research Utilities, Midstream & Clean Energy Conference in New York City on Sept. 29, 2022, at noon ET.

Key Points: 
  • JUNO BEACH, Fla., Sept. 28, 2022 /PRNewswire/ -- NextEra Energy, Inc. (NYSE: NEE) and NextEra Energy Partners, LP (NYSE: NEP) today announced that theyplan to present at the 2022 Wolfe Research Utilities, Midstream & Clean Energy Conference in New York City on Sept. 29, 2022, at noon ET.
  • NextEra Energy, Inc. (NYSE: NEE) is a leading clean energy company headquartered inJuno Beach, Florida.
  • NextEra Energy Partners, LP (NYSE: NEP) is a growth-oriented limited partnership formed by NextEra Energy, Inc. (NYSE: NEE).
  • NextEra Energy Partners acquires, manages and owns contracted clean energy projects with stable, long-term cash flows.

FPL proposes plan to refund customers nearly $400 million in federal corporate tax savings

Retrieved on: 
Friday, September 23, 2022

FPL does not profit from the fuel it purchases to generate electricity at power plants; it passes those costs directly to customers.

Key Points: 
  • FPL does not profit from the fuel it purchases to generate electricity at power plants; it passes those costs directly to customers.
  • FPL expects to file a mid-course fuel correction by the end of this year or early next year, which will result in an additional adjustment to rates in 2023.
  • FPL is committed to reducing and eventually eliminating the fuel portion of customer bills, but it will take time.
  • FPL has long been committed to helping customers find new ways to reduce their energy use, which is the best way to save on electric bills.

LandGate Launches PowerCapital, the Renewable Energy Solution for Capital Markets

Retrieved on: 
Wednesday, September 14, 2022

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20220914005307/en/
    LandGates PowerM&A solution consolidates capital markets historically fragmented or unobtainable data deals into a renewable energy M&A deals platform.
  • It includes (1) the most complete list of active renewable energy M&A deals, and (2) the largest database of closed M&A deals.
  • LandGates PowerCapital Solutions also includes PowerNAV, which offers the investment industry a suite of renewable energys customizable indices, ESG monitoring and benchmarks for all renewable energy operators in the US.
  • But a comprehensive analysis of an energy project, electricity prices, or renewable energy operators stock can take several months of man hours to compile, said LandGate CEO Yoann Hispa.

INVESTIGATION ALERT: Scott+Scott Attorneys at Law LLP Investigates NextEra Energy, Inc.’s Directors and Officers for Breach of Fiduciary Duties – NEE

Retrieved on: 
Tuesday, September 13, 2022

Scott+Scott Attorneys at Law LLP (Scott+Scott), a national securities and consumer rights litigation firm, is investigating whether certain directors and officers of NextEra Energy, Inc. (NextEra) (NYSE: NEE) breached their fiduciary duties to NextEra and its shareholders.

Key Points: 
  • Scott+Scott Attorneys at Law LLP (Scott+Scott), a national securities and consumer rights litigation firm, is investigating whether certain directors and officers of NextEra Energy, Inc. (NextEra) (NYSE: NEE) breached their fiduciary duties to NextEra and its shareholders.
  • If you are a NextEra shareholder, you are encouraged to contact attorney Joe Pettigrew for additional information at (844) 818-6982, or [email protected] .
  • Scott+Scott is investigating whether members of NextEras board of directors or senior management failed to manage NextEra in an acceptable manner, in breach of their fiduciary duties to, and whether NextEra and its shareholders have suffered damages as a result.
  • If you are a NextEra shareholder, you may have legal claims against NextEras directors and officers.

Ameriprise Financial Appoints Armando Pimentel, Jr. to Board of Directors

Retrieved on: 
Monday, September 12, 2022

Ameriprise Financial, Inc. (NYSE: AMP) today announced that Mr. Armando Pimentel, Jr. has been appointed to its board of directors, effective as of September 15, 2022.

Key Points: 
  • Ameriprise Financial, Inc. (NYSE: AMP) today announced that Mr. Armando Pimentel, Jr. has been appointed to its board of directors, effective as of September 15, 2022.
  • He also served as executive vice president, finance and chief financial officer of NextEra Energy and was a member of the board of NextEra Energy Partners, L.P.
  • My fellow directors and I are extremely pleased to welcome Armando to the board, said Jim Cracchiolo, chairman and chief executive officer.
  • At Ameriprise Financial, we have been helping people feel confident about their financial future for more than 125 years.

Utility Vegetation Management Podcast Explores Industry Innovations

Retrieved on: 
Wednesday, August 24, 2022

HOUSTON, Aug. 24, 2022 /PRNewswire/ -- Iapetus Infrastructure Services recently launched the Trees & Lines podcast, sharing expert insights into the future of the utility vegetation management industry. The podcast is hosted by utility vegetation management (UVM) veteran and past executive director of the Utility Arborists Association, Dr. Phil Charlton, and Iapetus COO, Tejpal Singh. Iapetus Infrastructure Services (Iapetus, pronounced EYE-AP-I-TUHS) offers safety, environmental sustainability, and education in right-of-way (ROW) management services to utilities across the country, including to risk mitigation, inspections, safety, audits, and high-tech imaging and reporting. Iapetus companies currently service the world's largest utilities, as well as oil and gas and pipeline/midstream. Iapetus is an operating company of Iapetus Holdings, LLC, a Houston-based privately held portfolio of energy and utility services companies focused on energy sustainability, efficiency, reliability and safety. 

Key Points: 
  • HOUSTON, Aug. 24, 2022 /PRNewswire/ -- Iapetus Infrastructure Services recently launched the Trees & Lines podcast, sharing expert insights into the future of the utility vegetation management industry.
  • The podcast is hosted by utility vegetation management (UVM) veteran and past executive director of the Utility Arborists Association, Dr. Phil Charlton, and Iapetus COO, Tejpal Singh.
  • Several have held positions responsible for vegetation management and forestry, T&D operations, maintenance, and engineering as well as renewables and sustainability.
  • Charlton is a pioneer in the field of utility vegetation management (UVM).

NEW: National Clean Energy Week (NCEW) Releases Sneak-Peak List of Keynote Speakers, Panel Topics

Retrieved on: 
Friday, August 19, 2022

WASHINGTON, Aug. 19, 2022 /PRNewswire/ -- Marking six weeks away, National Clean Energy Week (NCEW) today announced its first slate of speakers for the 2022 NCEW Policy Makers Symposium.

Key Points: 
  • WASHINGTON, Aug. 19, 2022 /PRNewswire/ -- Marking six weeks away, National Clean Energy Week (NCEW) today announced its first slate of speakers for the 2022 NCEW Policy Makers Symposium.
  • "We are honored to welcome these clean energy experts to share their expertise during National Clean Energy Week," said Heather Reams, NCEW Chair and President of CRES Forum.
  • "The sixth annual celebration of NCEW is shaping up to be an unforgettable experience, and this list of impressive speakers is a testament to that.
  • National Clean Energy Week (NCEW), described by POLITICO as "a veritable who's who of the Clean Energy World," is an annual awareness week to recognize the value of clean energy including abundant job opportunities, economic growth, energy independence, consumer choice, lower energy prices, and a cleaner environment.