NextEra Energy may be better known for building out renewable energy assets across the nation. But it has now taken a stab at owning the transmission of Texas Transmission Holdings Corp. The deal, valued at $2.4 billion, would also include a 20% ownership of Oncor Electric Delivery Co. that is trying to emerge from bankruptcy. Oncor is the owner of those businesses.
NextEra’s Bid for Texas Transmission Assets Makes Perfect Sense
Nov 3, 2016 | News RoundupLess than a minute