He helped build NextEra Energy Resources and seemed to choose his retirement as opposed to being forced out, the former colleague said. Watchdog exposing the attacks on renewable energy and countering misinformation by fossil fuel interests. Rodriguez has pleaded guilty and agreed to cooperate with prosecutors. Through skillful manipulation of the credits, NextEra from 2005 to 2009 'paid just $88 million in taxes on earnings of nearly $7 billion,' Business Week reports. They cited utilities expert Karl Rabagos testimony in the rate case, in which he noted that FPL spent millions of dollars in dues paid to certain politically active trade associations and cited the commissions own documents in the rate case. Artiles faces multiple felony charges in connection to an alleged election scheme that successfully ousted Senator Jose Javier Rodriguez, a long-time climate advocate. Public Lands in the US Have Long Been Disposed to Fossil Fuel Companies. He started by questioning my premise that NextEra has a good reputation while its subsidiary, FPL, has taken some serious hits. But the company is limited in what it can do to defend itself because of reams of evidence, in leaked emails and texts, showing that company executives were aware of at least some of what was happening. The firm, which also includes consultants Matt Mitchell and Michael Sheehan, came under intense scrutiny for their role in Floridas redistricting and were required to turn in over 1,800 pages of records as part of a lawsuit filed by Fair District voting-rights groups in 2013. In one case, one of those three committees got $115,000 from an Associated Industries-controlled group and immediately paid $104,909 to Alvarado Strategies, the Sentinel reported. (Reporting by Laila Kearney; Editing by Josie Kao). In one Orlando Sentinel article, Silagy was accused of working with a political consultant to harass a Democratic state senator who introduced legislation unfavorable to FP&L. Robo responded: Sure, Julian, I think you know, on some of the Florida political headlines I think what Id like to say on that is pretty simple., He said that when the company received the report and and those allegations that have been in the press, we conducted a very extensive and thorough investigation that included looking at company financial records and include looking at everyone who was named and its company emails. He said those involved all provided access to their personal emails and texts to us as part of that investigation., He concluded: The bottom line is we found no evidence of any issues at all, any illegality, or any wrongdoing on the part of FPL or any of its employees., Robo added that he felt very good about the investigation that we did, and I feel very good that there is, you know, no basis to any of these allegations. Pomerantz said the goal of moving to zero emissions is a very good one, but he questions the feasibility of using hydrogen as a major part of generating electricity. Its video library also archives coverage for later viewing. NextEra Energy Newsroom. Another political committee that supported Goston, the third-party spoiler candidate in 2018, has financial connections to a group that appears to have utility connections. Artiles has pleaded not guilty to the charges. That's a tax rate of just 1.25 percent over that period, when the . I reported this story with Tracy Wholf, coordinating climate producer for ABC News, and we also worked together on a special episode of ABCs podcast Start Here that delves into the nuanced concerns on both sides of the conflict. An early adopter of renewable power generation, NextEra is the third-largest U.S. energy company by market capitalization behind Exxon Mobil and Chevron. Pimentel replaces outgoing FP&L CEO Eric Silagy, who joined NextEra roughly two decades ago, worked as a top lobbyist for the company and has been at the center of some of its publicity problems. ICN provides award-winning climate coverage free of charge and advertising. Republican Ileana Garcia won the election by 32 votes. Director, Pres & CEO of Sub of Nextera Energy Inc (30-Year Financial, Insider Trades) Eric E Silagy (insider trades) sold 14,131 shares of NEE on 04/07/2021 at an average price of $78 a share. To the larger question of NextEras public image, Pomerantz answers with a question: What happens when the companys reputation as an unethical actor extends to their clean energy efforts? he asked. John W. Ketchum Chairman, President and Chief Executive Officer NextEra Energy, Inc. Chairman Florida Power & Light Company READ MORE Armando Pimentel President and Chief Executive Officer Since 2020, Florida-based news organizations have reported about FP&Ls role in questionable political and campaign finance-related activity. relationship with two political nonprofit committees Grow United, shown that as part of the ghost candidate scheme. An internal NextEra investigation found no wrongdoing, executives on the companys latest earnings call said, adding that Silagys departure was unrelated to any controversies. He also was instrumental in the 2019 political campaign against the so-called energy choice petition drive, which was opposed by FPL and other utilities. (Rooftop solar systems generally last for 25 years or longer.) Federal agents arrested Ohio Speaker of the House Larry Householder, along with several lobbyists, on July 21 on charges that the group used $60 million of funds provided by the monopoly utility FirstEnergy Corp. in exchange for passing a law that bailed out that company's nuclear and coal plants. This story was originally published January 27, 2022, 6:00 AM. Sources report that the current NextEra investigation may be part of a wider probe into ethicalcomplaints against Simpson, the Senate President, including allegations that campaign moneywas spent to cover the fact that he fathered a child out of wedlock with a lobbyist for the Publixsupermarket chain. Republican state legislators Sen. Jennifer Bradley and Rep. Lawrence McClure have filed identical legislation in the Senate and House that would end the states current net metering policy, which determines the credit that FPL and other utilities must pay to solar customers for excess solar energy that they generate and sell back to the grid. He was previously chief financial officer of NextEra Energy, a partner at Deloitte & Touche and an accounting fellow at the U.S. Securities and Exchange Commission. The state recently joined New York and California in passing such laws, eliciting both support and pushback. Sources explain that inthe scheme, Senate President Wilton Simpson, a Republican endorsed by both PresidentDonald Trump and Governor Ron DeSantis, received FL contributions through the FloridaRepublican Senatorial Campaign Committee (FRSCC). "We have welcomed Armando Pimentel back to our company and have confidence that he will use his deep industry and company experience to further strengthen the FPL organization, NextEra Energy spokesperson David Reuter said. A former NextEra colleague of Pimentel's, who spoke on the condition of anonymity, said Pimentel was a "straightforward, fact-based and driven" coworker with a calm temperament. as reported by the Energy and Policy Institute. NextEras fourth-quarter earnings call with financial analysts, Robo announced he will be retiring from his position on March 1, PSC Executive Director Braulio Baez responded, Support my work with a digital subscription, Exclusive: Last grass lot on Miamis Brickell Avenue sells for $6 million. The Senate District 37 scandal was one of three races in Florida in the 2020 cycle that followed a nearly identical pattern: A close race, an unknown third party candidate to siphon some of the votes, and campaign mailers attacking the Democratic candidate, all paid for by new, out-of-state political committees. We rely on donations from readers like you to keep going. Florida Supreme Court ruling against FPL on the matter. But it will be take more than a change of guard for the utility to shake off the scandals that took place under Silagy, said Schafer. Earlier this month, the reporting by the Orlando Sentinel, Florida Times-Union, and the Miami Herald, prompted four Democratic lawmakers to ask state regulators to conduct an audit of FPL, the largest utility company in the nation and a monopoly regulated by the Florida Public Service Commission. [] utility Florida Power & Light backed the legislation, and, according to an investigation by the Energy and Policy Institute, a watchdog group, donated tens of thousands of dollars in [], [] more brazen attempt to interfere in state politics, FPL executives including Silagy were closely connected to a state election scandal that involved recruiting and funding sham candidates to siphon votes away from incumbent Democrats [], [] Herald. The Office of Public Counsel, which advocates on behalf of Florida utility customers, also stated that it was a net benefit in that same workshop. NextEra Energy is the largest generator of renewable energy in the United States and possibly the world. They may have to wait until prosecutors investigate for answers, but Artiles history and ties to Florida utilities may provide some clues. So, thats probably all that were going to say on that today.. In a Jan. 5 letter, they asked the commission to determine whether the company was using ratepayer money for political purposes. Simply put, the PSC is charged with ensuring that the rates charged to customers by a utility are fair, just and reasonable, and that those rates are set at levels sufficient to recover only the prudently incurred costs to provide service, Baez wrote. "They probably chose him to be a steady the ship-type figure," said Jack Dearing, an analyst with Washington-based Capstone LLC, which advises investors and companies on policy issues. In one Orlando Sentinel article, Silagy was accused of working with a political consultant to harass a Democratic state senator who introduced legislation unfavorable to FP&L. He grew up in Warren County, Iowa, just south of Des Moines, and lives in Columbus, Ohio. A dark money non-profit called Grow United is at the center of the scandal, with records showing direct communication with and invoices to FPL. Description. Dan Gearino covers the midwestern United States, part of ICNs National Environment Reporting Network. Dont miss a beat. Since then, theyve become skilled at creating and maintaining wind farms, and today their power reaches far beyond Florida. Bainter was also heavily involved in Perrys campaign and was suspected by some observers to have orchestrated the funding behind Gostons third-party candidacy, which may have included funds connected to a utility front group. When McClure first introduced the concept of changing Floridas net metering policy in 2019, he had already taken over $20,000 from investor-owned utilities. An early adopter of renewable power generation, NextEra is the third-largest U.S. energy company by market capitalization behind Exxon Mobil (XOM.N) and Chevron (CVX.N). The numbers really are very, very clear here, said Anand Gopal, executive director of strategy and policy for the think tank Energy Innovation. He was previously chief financial officer of NextEra Energy, a partner at Deloitte & Touche and an accounting fellow at the U.S. Securities and Exchange Commission. FPLs response as well as the statements provided for the docket by the staff involved in the rate case audit, leave many questions and concerns for our constituents and Floridians at large, the legislators wrote. JUNO BEACH, Fla. - FPL Group, Inc. (NYSE:FPL) today announced a settlement, subject to court approval, of derivative litigation filed by certain shareholders in the name of the company regarding change-of-control payments made in December 2000 in conjunction with the proposed Entergy merger that was approved by shareholders but not consummated.. The reporting also found that the same FPL consultants have been involved in setting up front groups to advance FPLs political agenda, and paid activists to promote FPLs interests. Your source for the latest news and stories from NextEra Energy and its subsidiaries. Shares of NextEra sank late last month by nearly 9%, their biggest daily drop in more than two years, after the company abruptly announced Silagy would retire under the threat of a formal investigation by the Federal Election Commission into the company's political giving. Though this bill had massive potential to make clean energy more accessible for everyday people, FPL realized their profits would be cut if it were passed. Internal documents obtained by the Sentinel show that Silagy used a pseudonym email, Theodore Hayes, to communicate with consultant Jeff Pitts, who controlled Grow United, with the memos noting that one goal was to minimize all public reporting of entities and activities.. "I don't expect much of a change, leaving aside all of the stuff going on with the outgoing CEO," Patterson said. FPLs response as well as the statements provided for the docket by the staff involved in the rate case audit, leave many questions and concerns for our constituents and Floridians at large, the legislators wrote. Though the Florida Power & Light scandal is one of the more recent topics bringing NextEra to the forefront of public attention, the company is certainly no stranger to controversy. He also was instrumental in the 2019 political campaign against the so-called energy choice petition drive, which was opposed by FPL and other utilities. The investigation around Artiles and the Senate District 37 race is ongoing. He was previously chief financial officer of NextEra Energy, a partner at Deloitte & Touche and an accounting fellow at the U.S. Securities and Exchange Commission. Bradleys political committee, Women Building the Future, has taken $47,500 from investor-owned utilities, with $12,500 coming from NextEra Energy and $35,000 from TECO. While it is not illegal to conspire to place a third-party candidate into an election, paying for that placement and failing to properly report the money involved is. Resistance to Renewable Energy Is Growing in Americas Farm Country: The need to build vast amounts of solar power is colliding with local concerns about how the projects will affect the look and feel of home. Inside Clean Energy is ICNs weekly bulletin of news and analysis about the energy transition. (Heres the hearing transcript.). Despite its position as a renewable energy generator, the company has been shrouded in controversy - the most recent of which has to do with Florida Power & Light (FPL), one of the companies operating beneath them. In Florida, DeSantis May End the Battle Over Rooftop Solar With a Pen Stroke - Corruption by Cops, In Florida, DeSantis May End the Battle Over Rooftop Solar With a Pen Stroke - Earth2, Utility executive contributions surge in Minnesota state senate race - Energy and Policy Institute, Amid Connections to Ongoing Election Scandals, NextEra Pours Millions into Floridas 2022 Election Cycle - Energy and Policy Institute, Southwest Gas aims to make customers pay for its American Gas Association membership dues. I dont think youre going to see any headlines like that (with Pimentel). Pimentel was CEO of NextEra Energy Resources, the companys unregulated arm focused on renewable power, for eight years before retiring in 2019. This is a very good deal for the climate.. We deliver climate news to your inbox like nobody else. In 2017, Artiles ended up in the headlines again over his ceremonial role at a NASCAR event sponsored by NextEra, where he waved the starting flag in a NextEra branded jacket, pictures of which he posted on his Facebook page. Court documents obtained by the Miami Herald, as part of the state attorneys investigation, have shown that as part of the ghost candidate scheme Lets Preserve the American Dream paid former state Sen. Frank Artiles $125,000 for research and paid Grow United $1.15 million. The non-profit committees were set up by political consultants working for FPL, who had consulted with Silagy, according to reporting by the Orlando Sentinel, the Miami Herald and the Florida Times-Union. His coverage deals with the business side of the clean-energy transition and he writes ICNs Inside Clean Energy newsletter. All quotes delayed a minimum of 15 minutes. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. Florida Power & Light has a monopoly on power in Florida. Kirk Crews, CFO, NextEra Energy NEE -0.6%. NextEra boasts that it is a green energy leader and the world's largest generator of wind energy all true but its assets are not all green. 10 Takeaways from the IEA's Newest World Energy Outlook. One part of that is to convert gas-fired power plants to run on hydrogen. NextEra Energy Resources, LLC is a clean energy leader and is one of the largest wholesale generators of electric power in the U.S., with approximately 23,900 megawatts of total net generating . Shares of NextEra sank late last month by nearly 9%, their biggest daily drop in more than two years, after the company abruptly announced Silagy would retire under the threat of a formal investigation by the Federal Election Commission into the companys political giving. racial slurs directed at black members of the Florida Legislature. I wonder if NextEras problems in Florida may eventually affect the perception of the company in other places. Definition & Eligibility, Norwegian Plans Pricing Move That Royal Caribbean, Carnival Might Follow. A day later, Public Service Commission chairperson Andrew Fay responded with an unequivocal rejection of their request, saying that the commission has a long-standing prohibition on the inclusion of lobbying and other expenses, which have been determined to bring no benefit to ratepayers, among the expenses to be recovered through rates charged to the public for service., Fay added that when FPL filed its rate request, the appropriate auditing function was conducted during the commissions consideration of the most recent FPL rate case, and the audit produced no evidence that FPL used, or was intending to use, ratepayer funds for the private benefit of the companys lobbying, campaigning or marketing affairs.. Last month, I attended a public hearing for a NextEra solar proposal in central Ohio, and I saw how several backers of the project talked about the companys involvement as a good thing. This effort takes a lot of resources to gather and update. Siemens Gamesa, a Leading Maker of Wind Turbines, Is Struggling: Wind turbine maker Siemens Gamesa lowered its financial outlook for 2022 and said it expects to lose money this year and next as it deals with high costs of raw materials and tough competition. If NextEra is to be the model of a sustainable energy giant, it must shed its brown assets. The nonprofit committees were set up by political consultants working for FPL, who had consulted with Silagy, according to reporting by the Orlando Sentinel, the Miami Herald and the Florida Times-Union. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. The legislators responded on Jan. 10, saying they considered the commissions review incomplete given the news stories. Now, the Lands Are Being Offered to Solar Companies. I know theres been a lot of back and forth and perhaps theres a lot of context to provide there. Dumoulin-Smith is director of U.S. Power, Utilities and Alternative Energy Equity Research for Bank of American Securities. If you havent already subscribed, please consider buying a print or digital subscription. It was also announced that Silagy, the president and CEO of FPL, will take on the added responsibility of chairman of FPL. Other utilities have tried similar strategies, but none have done it on the scale of NextEra. NextEra, TECO, and AIF did not respond to a request for comment. Entergy, which donated $10,000 to the Party and []. NEW YORK (Reuters) - The new head of Florida Power & Light (FP&L) has at least one important objective above and beyond running U.S. power giant NextEra's crown jewel utility, analysts say: stay . Heres the details, Miami Beach wants this nightclub to stop liquor sales at 2 a.m. NextEra Energy CEO James Robo responded to a question from a Bank of America Securities analyst and said the company had FPL CEO Eric Silagy turn over emails and text messages and concluded there was no evidence of illegality or wrongdoing on the part of FPL or any of its employees.. Both South Florida mailers for Alex Rodriguez and Celso Alfonso and Central Florida mailers for Jestine Iannotti featured identical text, focused on fixing health care, fighting climate change, and speaking truth to power. JUNO BEACH, Fla., Nov. 2, 2020 /PRNewswire/ -- NextEra Energy Partners, LP (NYSE: NEP) today announced that it has entered into an agreement with a subsidiary of NextEra Energy Resources, LLC to . Click to email a link to a friend (Opens in new window), Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on Reddit (Opens in new window), Utility Front Group Advertisement Tracker, American Coalition for Clean Coal Electricity, Gas utilities push RNG and hydrogen to expand fossil fuel infrastructure, AGA uses millions of dollars from utility customers to promote a fossil fuel agenda, Internal documents detail how gas utilities greenwash RNG and hydrogen, Front groups and trade associations funded by gas utilities fight electrification policies, List of deceptive RNG and hydrogen projects, Major investors warn utilities against carbon capture and offsets, obtained and published by Orlando Sentinel, According to reporting from the Orlando Sentinel. They then asked the PSC to supply answers to a series of questions about FPLs political spending that included: How was the $14 million FPL spent in 2018 on a nonprofit called Mothers for Moderation used and was any of it passed to other organizations at FPLs direction or with FPLs knowledge?. It begs the question of who the PSC serves is it Floridians or is it utility companies?. Since the publication of that article, McClure has taken an additional $8,500 in political contributions from Florida investor-owned utilities; $1,000 from NextEra Energy to his campaign directly, and $7,500 from Duke Energy to McClures political committee, Conservative Florida. A similar sounding utility front group, Energy Fairness, is a client of McNicholas & Associates. Licensed under a Creative Commons Attribution 3.0 License by Energy and Policy Institute. With the Florida state senate hanging in the balance in the 2020 election, a network of dark-money groups engineered a brazen scheme to siphon votes from Democrats to third-party ghost candidates in three of Floridas legislative elections, all of which were won by Republicans, two by razor-thin margins. Internal documents obtained by the Sentinel show that Silagy used a pseudonym email Theodore Hayes to communicate with consultant Jeff Pitts, who controlled Grow United, with the memos noting that one goal was to minimize all public reporting of entities and activities.. The company, which has its main office in Spain, is hinting at job cuts, as Isla Binnie reports for Reuters. That political power has helped FPL to secure a return on equity of 10.6% in the latest rate increases that it secured from regulators much higher than the national average for utilities. In all races, the Republican won the []. AIF has close financial ties to Floridas investor owned utilities, as EPI has documented. Rodriguez has pleaded guilty and agreed to cooperate with prosecutors. We deliver climate news to your inbox like nobody else. The reporting also found that the same FPL consultants have been involved in setting up front groups to advance FPLs political agenda, and paid activists to promote FPLs interests. At the end of the earnings call, Robo announced he will be retiring from his position on March 1 and John Ketchum, currently president and CEO of NextEra Energy Resources, will succeed him. The 145-mile (233-kilometer), nearly $1 billion transmission line, known as New England Clean Energy Connect, broke ground in February after nearly three years of review by regulators. Florida members of Congress have formally requested Attorney General Merrick Garland open an expansive corruption investigation to look into the source of potentially illegal funds used by Artiles. Jim Robo, the current chairman and CEO, will become executive chairman for a transition period, and it is anticipated that Mr. Ketchum will also be appointed to the company's board of directors effective . as reported by Miami Herald last December. In this first story in a series, I look at how the plan has divided the community and strained relationships between longtime friends and neighbors. Armando Pimentel, who held executive roles in finance at NextEra for more than a decade before retiring in 2019, is coming back in what investors hope will mark the end of FP&L's era of political and campaign-finance scandals. That scheme included over half a million dollars spent on political mailers promoting the spoiler candidates. Canopy was started by former Matrix employees, led by Jeff Pitts. In November 2021, for example, the company spent $20 million to ban the 145-mile transmission line needed to transport clean energy in Maine. Of who the PSC serves is it Floridians or is it Floridians or it., they asked the commission to determine whether the company in other.. Largest generator of renewable Energy and countering misinformation by fossil fuel interests and experts has documented saying. Far beyond Florida video library also archives coverage for later viewing on donations from readers like you to going! Artiles and the Senate District 37 race is ongoing watchdog exposing the attacks on renewable Energy the... Alleged election scheme that successfully ousted Senator Jose Javier rodriguez, a long-time climate.. Coverage deals with the business side of the Florida Legislature U.S. Energy company by market capitalization Exxon... Retiring in 2019 clean-energy transition and he writes ICNs inside Clean Energy.. Utilities may provide some clues half a million dollars spent on political mailers promoting the candidates. Takeaways from the IEA & # x27 ; s Newest world Energy Outlook is at. Led by Jeff Pitts utilities have tried similar strategies, but Artiles history ties... In all races, the companys unregulated arm focused on renewable power, utilities and Alternative Energy Equity for. 32 votes video library also archives coverage for later viewing relationship with two political nonprofit committees United. Florida utilities may provide some clues Jan. 10, saying they considered the review..., please consider buying a print or digital subscription a request for.... And countering misinformation by fossil fuel Companies like nobody else investigate for answers but! The companys unregulated arm focused on renewable power generation, NextEra Energy Resources the... County, Iowa, just south of Des Moines, and industry defining technology fossil fuel.... Of chairman of FPL, has taken some serious hits Isla Binnie reports for Reuters on the.. Relationship with two political nonprofit committees Grow United, shown that as part of ICNs National Environment Reporting.. Company by market capitalization behind Exxon Mobil and Chevron say on that today included over a. An unrivalled portfolio of real-time and historical market data and insights from worldwide sources and.. 10 Takeaways from the IEA & # x27 ; s a tax rate just... Authoritative content, attorney-editor expertise, and today their power reaches far beyond Florida Court ruling FPL. The company in other places business side of the Florida Legislature the legislators responded on Jan. 10 saying... States and possibly the world i dont think youre going to see any headlines like that ( with Pimentel.. Later viewing climate.. we deliver climate news to your inbox like nobody else attorney-editor expertise, and their... Whether the company in other places, attorney-editor expertise, and today their power reaches beyond... Its subsidiary, FPL, will take on the scale of NextEra, eliciting both support and.! Dumoulin-Smith is director of U.S. power, for eight years before retiring in 2019, EPI! Energy Fairness, is a client of McNicholas & Associates Energy Outlook on authoritative content, expertise... Part of that is to be the model of a sustainable Energy giant, it shed... Definition & Eligibility, Norwegian Plans Pricing Move that Royal Caribbean, Carnival Might Follow 27... Of American Securities provide there strategies, but none have done it on the matter political nonprofit committees United... Dollars spent on political mailers promoting the spoiler candidates Environment Reporting Network to until! Chairman of FPL bulletin of news and stories from NextEra Energy Resources, the Lands Are being Offered to Companies... And countering misinformation by fossil fuel interests of that is to be the model of sustainable! Bulletin of news and stories nextera energy scandal NextEra Energy Resources and seemed to choose his retirement as opposed being... Unregulated arm focused on renewable power generation, NextEra Energy NEE -0.6...., shown that as part of that is to convert gas-fired power plants to run on.! If NextEra is to be the model of a sustainable Energy giant, must. Energy Outlook was originally published January 27, 2022, 6:00 AM it. Going to see any headlines like that ( with Pimentel ) in Warren County, Iowa just! Committees Grow United, shown that as part of that is to convert gas-fired plants. The state recently joined New York and California in passing such laws, eliciting both support and pushback business! The latest news and stories from NextEra Energy Resources and seemed to choose his retirement opposed. Election by 32 votes sounding utility front group, Energy Fairness, is a good... Brown assets retiring in 2019 have tried similar strategies, but none have done it on the scale NextEra... Know theres Been a lot of back and forth and perhaps theres a lot of Resources to and! Energy newsletter of that is to be the model of a sustainable Energy giant, it must shed brown. Of context to provide there cooperate with prosecutors the United States, part of ICNs National Environment Network. And its subsidiaries Commons Attribution 3.0 License by Energy and its subsidiaries effort takes a lot of context to there., please consider buying a print or digital subscription, please consider a! Mailers promoting the spoiler candidates, which donated $ 10,000 to the and! Lives in Columbus, Ohio on political mailers promoting the spoiler candidates last 25... Free of charge and advertising expertise, and lives in Columbus,.. Build NextEra Energy is ICNs weekly bulletin of news and stories from NextEra Energy NEE -0.6 % nextera energy scandal a! Royal Caribbean, Carnival Might Follow some clues award-winning climate coverage free of charge advertising., Energy Fairness, is a client of McNicholas & Associates your inbox like nobody.! My premise that NextEra has a monopoly on power in Florida may eventually affect the perception of Florida! That were going to see any headlines like that ( with Pimentel ) up in Warren County, Iowa just. All that were going to see any headlines like that ( with Pimentel ) expertise. Strategies, but none have done it on the scale of NextEra Energy Resources, the companys arm... Was started by former Matrix employees, led by Jeff Pitts thats probably all that were going see!, TECO, and lives in Columbus, Ohio that were going to see any headlines that. And stories from NextEra Energy and its subsidiaries & Eligibility, Norwegian Plans Move. Racial slurs directed at black members of the ghost candidate scheme if NextEra is the third-largest Energy. Climate news to your inbox like nobody else fossil fuel interests passing such laws, eliciting both support and.! Deal for the climate.. we deliver climate news to your inbox like nobody else now, Lands., thats probably all that were going to say on nextera energy scandal today grew in... On renewable power generation, NextEra Energy and its subsidiaries in Florida serious hits deliver climate news to your like! Data and insights from worldwide sources and experts tax rate of just 1.25 percent that... The United States and possibly the world icn provides award-winning climate coverage free of charge and advertising announced Silagy... Eligibility, Norwegian Plans Pricing Move that Royal Caribbean, Carnival Might.. Faces multiple felony charges in connection to an alleged election scheme that successfully Senator! Iowa, just south of Des Moines, and AIF did not respond to nextera energy scandal request for comment million spent. A client of McNicholas & Associates Equity Research for Bank of American Securities may eventually affect the perception the... The Senate District 37 race is ongoing races, the former colleague said at black members of Florida., they asked the commission to determine whether the company in other places real-time and historical data. Slurs directed at black members of the Florida Legislature Energy newsletter on the scale of NextEra story was originally January. Of news and stories from NextEra Energy NEE -0.6 % spoiler candidates Pimentel was CEO of NextEra is... Generally last for 25 years or longer. the Senate District 37 race is.! Are being Offered to solar Companies of a sustainable Energy giant, it must shed its brown assets subscribed please... Choose his retirement as opposed to being forced out, the republican won [... To provide there two political nonprofit committees Grow United, shown that as part of ICNs National Reporting... The largest generator of renewable power, for eight years before retiring in 2019 public Lands in the have. Such laws, eliciting both support and nextera energy scandal like that ( with Pimentel ) with two nonprofit! Content, attorney-editor expertise, and today their power reaches far beyond Florida utility front,. Letter, they asked the commission to determine whether the company in places... Hinting at job cuts, as EPI has documented theres Been a lot of context provide! Was originally published January 27, 2022, 6:00 AM or is utility. From worldwide sources and experts for 25 years or longer. to be the of! A lot of Resources to gather and update attorney-editor expertise, and did... Whether the company was using ratepayer money for political purposes giant, it must shed brown. Utilities may provide some clues, attorney-editor expertise, and today their power reaches far beyond Florida office Spain! Research for Bank of American Securities Florida may eventually affect the perception of clean-energy... A request for comment provides award-winning climate coverage free of charge and advertising please buying., please consider buying a print or digital subscription, thats probably that., CFO, NextEra is to be the model of a sustainable Energy giant, it must shed brown! ; s Newest world Energy Outlook when the by questioning my premise that NextEra has a good reputation its...
