NEE · News · 20260901N
Acquisition / Partnership / Divestiture
NEXTERA ENERGY INC · 2026-09-01 · Importance 40 · Surprise 42 · In source text
NextEra Energy Resources agreed to take a 49% stake in the Florida Energy Pathway joint venture, while Chesapeake Utilities retains 51%. The joint venture will co-develop, finance, and operate a natural-gas transmission project serving South Florida, with Peninsula Pipeline Company acting as operator. Both parties will provide financial guarantees to support project funding, creating a strategic expansion of NextEra’s Florida gas-infrastructure presence.
Key facts
- NextEra Energy Resources is taking a 49% stake in the joint venture for the Florida Energy Pathway project with Chesapeake Utilities. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | committed | — | NextEra Energy Resources is taking a 49% stake in the joint venture for the Florida Energy Pathway project with Chesapeake Utilities. |