Nextera Energy, U.S. Department Of Commerce And Government Of Japan Finalize Commercial Terms Reach Funding Milestone For Up To 10 GW Of Gas-Powered Generation
NEE•Funding milestone reached for up to 10 GW of gas-powered generation
Aug. 12 (Reuters) - NextEra Energy, Inc. (NYSE: NEE):
- NextEra Energy, U.S. Department of Commerce and Government of Japan finalize commercial terms; reach funding milestone for up to 10 GW of gas-powered generation.
- NextEra Energy says the initial $3.30 billion investment will commence building facilities for up to 10 GW of gas power.
- The first tranche of funding has been released for development activities including equipment and contractor selection.
- Initial resources are expected online by the end of 2028, with projects to be completed in 2032.
- Texas and Pennsylvania hubs are expected to generate thousands of construction jobs and hundreds of permanent positions.
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