Utility Dive: NextEra to buy Gulf Power, gas assets from Southern for $6.5B
May 22, 2018 | News Roundup
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.
