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NextEra Energy reaches definitive agreements to acquire Gulf Power, Florida City Gas and others

 

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- Compelling all-cash transactions of attractive electric and natural-gas franchises complement NextEra Energy's existing operations within Florida

- NextEra Energy's proven track record of delivering highly affordable, reliable and clean energy expected to benefit Gulf Power and Florida City Gas customers

- Transactions expected to be immediately accretive to earnings; upon closing, NextEra Energy is expected to raise 2020 and 2021 adjusted earnings per share expectations by $0.15 and $0.20, respectively

- NextEra Energy is expected to continue to maintain $5 billion to $7 billion of excess balance sheet capacity post-closing

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