11-27-2015, 08:21 AM
http://www.dallasnews.com/business/energ...illion.ece
EFH buys two Texas power plants from NextEra for $1.59 billion
I find this interesting in that local opposition to NextEra seems to be focused upon the plans that NextEra has for promoting renewable energy, trying to claim that NextEra cannot possibly come though on the promises. Yet this statement from NextEra, seems to say otherwise, although not directly mentioning Hawaii.
“We view this transaction as a significant positive, further de-risking NextEra Energy’s business model,” Michael Worms, a New York-based analyst for BMO Capital Markets, said in a note to clients Friday. “We would expect proceeds from the sale to be applied toward the continued build out of its renewables backlog.”
EFH buys two Texas power plants from NextEra for $1.59 billion
I find this interesting in that local opposition to NextEra seems to be focused upon the plans that NextEra has for promoting renewable energy, trying to claim that NextEra cannot possibly come though on the promises. Yet this statement from NextEra, seems to say otherwise, although not directly mentioning Hawaii.
“We view this transaction as a significant positive, further de-risking NextEra Energy’s business model,” Michael Worms, a New York-based analyst for BMO Capital Markets, said in a note to clients Friday. “We would expect proceeds from the sale to be applied toward the continued build out of its renewables backlog.”