The parent of Florida Power & Light — the primary power provider in Manatee, Sarasota and Charlotte counties — said Wednesday that it will sell $1.5 billion of equity shares, potentially for use in the acquisition of Dallas-based utility company Energy Future Holdings Corp.
The equity shares from Juno Beach-based NextEra Energy are being sold to Goldman Sachs Group Inc., Credit Suisse and Mizuho Securities.
Is a policy analyst for TCAP, a coalition of cities and other political subdivisions that purchase electricity in the deregulated market for their own governmental use. Because high energy costs can impact municipal budgets and the ability to fund essential services, TCAP, as part of its mission, actively promotes affordable energy policies. High energy prices also place a burden on local businesses and home consumers.