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.
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.