Florida Power and Light’s footprint across Florida could be getting bigger, through a proposed deal in which its parent firm would buy Pensacola-based Gulf Power Company as part of a $6.5 billion package.
Jim Robo, Chairman and CEO of NextEra Energy, spoke with shareholders on Monday.
“NextEra has agreed to acquire Gulf Power; Florida City Gas, and ownerships stakes in the Oleander and Stanton natural as power plants,” Robo said in a conference call.
NextEra will acquire 100 percent of the Oleander plant near Cocoa, and 65 percent of Stanton near Orlando.