May 21 — NextEra will finance the acquisition by issuing $5.1 billion in new debt and assuming $1.4 billion of Gulf Power’s debt. The company says the deal will raise its 2020 and 2021 earnings per share expectations by $0.15 and $0.20, respectively.
– Utility Dive
Is a policy analyst consultant for TCAP, a coalition of political subdivisions in Texas that purchase electricity in the deregulated market for their own governmental use. Because energy costs are typically a significant budget item to our members, TCAP is consistently looking for ways to save our members money, through cost-saving contracts, energy efficiency or demand response programs.