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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 |
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.
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