ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

NEE NextEra Energy Inc

75.91
-0.18 (-0.24%)
After Hours
Last Updated: 23:47:47
Delayed by 15 minutes
Share Name Share Symbol Market Type
NextEra Energy Inc NYSE:NEE NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.18 -0.24% 75.91 76.19 75.57 76.09 7,179,663 23:47:47

NextEra to Buy Blackstone-Backed GridLiance for About $660 Million

29/09/2020 10:34pm

Dow Jones News


NextEra Energy (NYSE:NEE)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more NextEra Energy Charts.

By Josh Beckerman

 

NextEra Inc. agreed to buy GridLiance, an electric transmission company backed by Blackstone Group LP, for about $660 million including assumed debt.

Dallas-based GridLiance operates more than 700 miles of transmission lines and related substations in Illinois, Kansas, Kentucky, Missouri, Nevada and Oklahoma. It recently completed a transaction with Winfield, Kansas, that marked its first co-ownership of transmission assets with a municipal utility.

NextEra said it expects to close the deal in 2021, assuming timely regulatory approvals.

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

September 29, 2020 17:19 ET (21:19 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

1 Year NextEra Energy Chart

1 Year NextEra Energy Chart

1 Month NextEra Energy Chart

1 Month NextEra Energy Chart

Your Recent History

Delayed Upgrade Clock