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Almost immediately, FPL reached out to the CEO of Matrix, LLC a political consulting firm. Nowhere in its 2021 ESG report does NextEra even mention methane . Fargo, ND, USA / The Mighty 790 KFGO | KFGO. relationship with two political nonprofit committees Grow United, shown that as part of the ghost candidate scheme. The investigation around Artiles and the Senate District 37 race is ongoing. 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. On Wednesday, FPL spokesperson Chris McGrath denied that FPL was involved in the ghost candidate scheme. Simpson, through the FRSCC, then paid $7.2 million of this money to longtime ally Pat Bainterand Gainesville, Florida-based Republican campaign firm Data Targeting, reportedly directingthem to use the funds to support three independent candidates who would run as purportedliberals to siphon votes away from the legitimate Democrat Party candidate. Has FPL ever given money to another nonprofit who worked with the consultants Lets Preserve the American Dream? Last week, Seaport Global Securities downgraded NextEras stock from buy to neutral, citing concerns about growing media scrutiny of FPLs lobbying practices. But NextEras stock price has risen since then, largely in reaction to Sen. Joe Manchins announcement he is supporting clean energy legislation, which is good news for companies developing wind, solar and batteries. If NextEra is to be the model of a sustainable energy giant, it must shed its brown assets. NextEras executives and shareholders have reason to worry, but its too soon to know how much. In 2018, state Sen. Keith Perry won re-election against Democrat Kayser Enneking by about 2,000 votes, due in large part to a third-party former Democrat candidate likely pulling votes away from Enneking. 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. The other candidate later revealed that he had been bribed to run. 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). 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. The numbers really are very, very clear here, said Anand Gopal, executive director of strategy and policy for the think tank Energy Innovation. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. 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. The papers also reported that a member of the Jacksonville City Council who didnt want to sell the citys utility company to FPL was offered a job that was arranged by consultants for FPL in an unsuccessful attempt to get him to resign from the commission. 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. 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 . A lot will depend on how FPL conducts itself moving forward. The no-party candidate, Alexis Alex Rodriguez, who did not campaign, received more than 6,000 votes. Consultants who control Grow United billed FPL for over $3 million before the entity started moving funds around for the election scheme. A team of ICN reporters led by Marianne Lavelle examined the bill and spoke with outside experts to get an idea of its implications. 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. 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. Director, Pres & CEO of Sub of Nextera Energy Inc (30-Year Financial, Insider Trades) Eric E Silagy (insider trades) sold 28,564 shares of NEE on 03/15/2021 at an average price of $75.63 a share. All . Learn More 2022 ESG Report TOP 20 in the world for innovation, according to Fortune 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. They may have to wait until prosecutors investigate for answers, but Artiles history and ties to Florida utilities may provide some clues. You want to measure economic success? "I don't think you're going to see any headlines like that (with Pimentel).". NextEra Energy is the largest generator of renewable energy in the United States and possibly the world. For example, Richard Alexander, who lives in Cullman, Alabama, not only chairs Grow United, he also has been tied to groups that were created to promote the agenda of Floridas powerful sugar and electric utilities industries, according to the Orlando Sentinel. Dont miss a beat. Other utilities have tried similar strategies, but none have done it on the scale of NextEra. Download. NextEra Energy is a total fraud, and veritably a criminal entity. By continuing to use this site, you accept this policy. 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. The documents also showed that Silagy coordinated with the political consultants to steer campaign contributions made through nonprofits in past elections. Where the scorpions on the corner just might kill you. Bradley has taken $52,500 from Florida investor-owned utilities, between her campaign account and her political committee. 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. 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. Community Solar Is About to Get a Surge in Federal Funding. 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. See here for a complete list of exchanges and delays. 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. racial slurs directed at black members of the Florida Legislature. That promise would allow the company to continue . The flight took place just prior to Artiles push on legislation that would have allowed NextEra to charge its Florida customers for out-of-state exploratory fracking. 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. So, thats probably all that were going to say on that today.. NextEra, also based in Florida, has become a giant by racking up profits from its regulated utility business at FPL and using that as a foundation to build wind, solar and battery projects across. 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. The biggest user of the tax credit is Florida-based NextEra Energy, the nation's eighth-largest power producer. Chevron Corp. Chief Executive Michael Wirth on Tuesday said a consolidation between the five top Western oil producers remains a possibility but would face regulatory hurdles. Possible outcomes from this scandal include increased wariness of NextEra from individuals and politicians, which could put the growth of clean energy at risk. Christopher Sabella elected as Hillsborough Countys next chief judge, Tampa Bay harbor pilots pay raise request stirs storm at Tampas port, Prominent Florida political consultants may face criminal charges in sham candidate case, Get Capitol Buzz, a special bonus edition of The Buzz with Emily L. Mahoney, each Saturday while the Legislature is meeting, Florida Senate sponsor agrees to weaken preemption bill. 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. 11/22/2021. In 2018-19, Mary Ellen was a Nieman Fellow at Harvard University. Our #1 newsletter delivers the weeks climate and energy news our original stories and top headlines from around the web. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. Pulitzer Prize-winning, nonpartisan reporting on the biggest crisis facing our planet. Contacted for a response, a NextEra spokesman did not address the issues at FPL or the potential for blowback for the parent company, but he did point to recent comments from Kirk Crews, NextEras chief financial officer. The Orlando Sentinel connected Republican consultant Alex Alvarado to the production and printing of the mailers for the third-party candidates in October. About NextEra Energy NextEra Energy, Inc. (NYSE: NEE) is a leading clean energy company headquartered in Juno Beach, Florida. AIF has close financial ties to Floridas investor owned utilities, as EPI has documented. 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.. 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. Rodriguez has pleaded guilty and agreed to cooperate with prosecutors. (Rooftop solar systems generally last for 25 years or longer.) They asked if the PSCs review was enough. The Miami Herald and others reported claims that company executives worked with a consultant to derail certain state senate candidates and surveil a journalist who wrote critically about the regulated utility. Get a daily email of our original, groundbreaking stories written by our national network of award-winning reporters. Now, the Lands Are Being Offered to Solar Companies. Every day or once a week, our original stories and digest of the webs top headlines deliver the full story, for free. 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. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. The company was trading well above its peers before news that Silagy would leave his post this month and depart the company in mid-May. All three districts received slightly modified versions of the same mailer, which seemed to target liberal-leaning voters in an apparent effort to siphon those votes away from the Democratic candidate. $5,000 from investor-owned utilities went to the campaign account directly: $1,000 from NextEra, $2,000 from Duke, and $2,000 from TECO. Numerous studies have shown that rooftop solar provides a net-benefit to other, non-solar customers. Dan Gearinos habit-forming weekly take on how to understand the energy transformation reshaping our world. The mailers featured similar language that appeared to target progressive voters, pulling from the Democratic candidate, as reported by the Miami Herald and Orlando Sentinel. 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. Life expectancy in the U.S. fell during the same period that a Reagan-era law raised the retirement age by two years. 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. "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. The Miami Herald has confirmed that NextEra has been conducting an internal investigationon FPLs involvement in the ghost candidate scheme. Armando Pimentel, who held executive roles in finance at NextEra for more than a decade before retiring in 2019, is coming . "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. Since 2020, Florida-based news organizations have reported about FP&L's role in questionable political and campaign finance-related activity. Even if you put somebody who is a perfectly fine individual with a financial background and doesnt have this aggressive history it doesnt necessarily make up for the fact of all that did happen in very recent history, Schafer said. On January 24th, the stock of renewables pioneer NextEra - now the U.S.'s largest utility company - dropped 8.8% on news the head of its FP&L unit was retiring. 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. In the 2020 cycle alone, the Florida Republican Senate Campaign Committee (FRSCC) reported over $7 million dollars in expenditures to Data Targeting, for services including research, polling, advertising, campaign staff, and line items only reported as consulting. Nearly $183,000 of FRSCCs spending with Data Targeting was earmarked for the Senate District 37 race, the same race that led to Artiles arrest. Some critics of Florida Power & Light, like Alissa Jean Schafer of watchdog group Energy Policy Institute, have welcomed Pimentel's uneventful background. 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. CTRL + SPACE for auto-complete. The company, which has its main office in Spain, is hinting at job cuts, as Isla Binnie reports for Reuters. The bill outlines a reduction to the credit, which would dramatically limit the number of people who could affordably lease or buy panels. 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. 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. According to reporting from the Orlando Sentinel, a broad criminal investigation is underway in Miami, with felony charges against former Senator Frank Artiles, and the spoiler candidate in District 37 has pled guilty. In November 2021, for example, the company spent $20 million to ban the 145-mile transmission line needed to transport clean energy in Maine. NextEra Energy, the parent company of Florida Power & Light and Gulf Power, offered $11 billion in a failed attempt to purchase Jacksonville-based JEA that would have netted former JEA executives millions of dollars in bonuses. 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. So What Is Community Solar? 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.. Despite climate action often being frustrated by Republican leaders in Congress and at the local level, states with Republican governors and a majority of Republican state legislators are leading the nation in solar and wind. The Florida Public Service Commission reaffirmed the states current net metering rule in 2019 after the utilities last effort to weaken it, calling it an effective way to promote solar in the net-metering workshop held at the request of McClure. [], [] has not shied away from shady political dealings in the past. The no-party candidate, Alexis Alex Rodriguez, who did not campaign, received more than 6,000 votes. Mexican developer wants to build condos on the land starting at $3 million apiece. Bradley and McClure have both taken tens of thousands of dollars in political contributions from Floridas investor-owned utilities. That said, he acknowledges there is a cognitive dissonance between NextEras status as a major player in the transition to renewable energy and FPLs status as a utility that relies heavily on fossil fuels, with a reputation for fighting dirty in defending its interests. Our Standards: The Thomson Reuters Trust Principles. A major new transmission line intended to pipe carbon-free hydropower from Canada into the U.S. Northeast has met a powerful opponent: the world's largest provider of renewable energy. In 2017, Perry voted in support of NextEras exploratory fracking legislation while serving on the Communications, Energy and Public Utilities Committee chaired by Artiles. He started by questioning my premise that NextEra has a good reputation while its subsidiary, FPL, has taken some serious hits. The scandal brings light to the measures electric companies will go to in order to protect their profits even those that claim to be in favor of pursuing renewable energy. We can do so much more on student loan forgiveness. Political editor Emily L. Mahoney will send you a rundown on local, state and national politics coverage every Thursday. 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 . Rodrguez lost his Senate seat the following year, resulting in Republicans gaining control of the Florida Senate. 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. FPL this year announced a plan it calls Real Zero to completely eliminate carbon emissions from its operations by 2045. Entergy, which donated $10,000 to the Party and [], [] has not shied away from shady political dealings in the past. An abandoned shovel is to blame. Artiles is facing several felony charges for allegedly recruiting and paying an auto-parts dealer who shared the same surname as the Democratic incumbent in the race for Senate District 37 to run as a no-party candidate and confuse voters and influence the outcome of the 2020 election, according to his arrest affidavit. This effort takes a lot of resources to gather and update. 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. 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. as reported by the Energy and Policy Institute. Florida Supreme Court ruling against FPL on the matter. The shady business practices of FPL, as well as the discrepancy between NextEra being a catalyst in the clean energy movement while FPL relies on fossil fuels, may not bode well. They cited the 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 PSCs own documents in the rate case. Goston claimed he did not know or care where the money supporting his candidacy came from, according to the Gainesville Sun. Unlike other companies that actively work toward creating clean energy, NextEra stumbled into the renewable energy industry somewhat unintentionally. Licensed under a Creative Commons Attribution 3.0 License by Energy and Policy Institute. 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 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. McClure also worked closely with utility front group Energy Fairness, as reported by the Energy and Policy Institute. An internal NextEra investigation found no wrongdoing, executives on the company's latest earnings call said, adding that Silagy's departure was unrelated to any controversies. To help figure this out, I reached out to David Pomerantz, who makes a living investigating utility companies as executive director of the Energy and Policy Institute, a nonprofit watchdog organization. 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. 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. Alissa Jean Schafer is a research and communications specialist at the Energy and Policy Institute. NextEra Energy (NE) is currently under investigation by the Florida Department of Law Derek Robins June 26, 2022 Business Enforcement for funneling money through a partisan political committee to a "ghost candidate" scheme that has already resulted in felony charges against five political operatives. In some parts of our organization there are capacities way beyond their need and that needs to be rectified, CEO Jochen Eickholt said in a conference call with analysts. This story was originally published January 27, 2022, 6:00 AM. NextEra Energy Newsroom. Red states lead U.S. in wind and solar power production, study finds, PFAS forever chemicals disrupt biological processes in developing adolescents, first-of-its-kind study discovers, How bioenergy causes air pollution: The dark side of renewable energy, EPA orders Norfolk Southern to conduct cleanup and cover costs of trail derailment in Ohio, Theres a big pot of climate bill money waiting to be seizedactivists cant miss the opportunity, Humanitys secret war against the environment, ourselves, and our children, Soaring energy prices triggered by Russias invasion of Ukraine could push up to 141 million more people into extreme poverty, study finds, Northwest climate activists fight a new front in the movement to stop fossil fuels, A realistic energy transition is to get better at using less of it, Electric wallpaper could warm homes with radiant heat, Court hears appeal in Canadian youth climate lawsuit, Big Oils trade group allies outspent clean energy groups by a whopping 27x, with billions in ads and lobbying to keep fossil fuelsflowing, Analysis spotlights the lasting pain inflicted by Reagans Social Security cuts. The papers also reported that a member of the Jacksonville City Council who didnt want to sell the citys utility company to FPL was offered a job that was arranged by consultants for FPL in an unsuccessful attempt to get him to resign from the commission. You can reach her at meklas@miamiherald.com and on Twitter @MaryEllenKlas. Artiles is facing several felony charges for allegedly recruiting and paying an auto-parts dealer who shared the same surname as the Democratic incumbent in the race for Senate District 37 to run as a no-party candidate and confuse voters and influence the outcome of the 2020 election, according to his arrest affidavit. Florida Power & Light has a monopoly on power in Florida. Mary Ellen Klas: meklas@miamiherald.com and @MaryEllenKlas. The legislators responded on Jan. 10, saying they considered the PSCs review incomplete given the news stories. Canopy was started by former Matrix employees, led by Jeff Pitts. Canopy quickly filed its own lawsuit against Matrix. Since 2020, Florida-based news organizations have reported about FP&Ls role in questionable political and campaign finance-related activity. A Reagan-era law raised the retirement age by two years FPL, has some... Spokesperson Chris McGrath denied that FPL was involved in the U.S. fell the... Mahoney will send you a rundown on local, state and national politics every. Webs top headlines from around the web reshaping our world USA / the Mighty 790 KFGO | KFGO Gearinos! With prosecutors creating clean Energy, the nation & # x27 ; s eighth-largest power.... In Federal Funding the model of a sustainable Energy giant, it must shed brown! Experience on desktop, web and mobile, Inc. ( NYSE: )... Ceo of Matrix, LLC a political consulting firm other Companies that actively work toward creating clean company. Goston claimed he did not campaign, received more than a decade retiring... Studies have shown that Rooftop Solar provides a net-benefit to other, non-solar customers the other candidate later revealed he... Continuing to use this site is protected by reCAPTCHA and the Google Privacy Policy and of. Nonpartisan reporting on the biggest crisis facing our planet has documented been a will. Mary Ellen Klas: meklas @ miamiherald.com and @ MaryEllenKlas, citing concerns about growing media scrutiny FPLs. Done it on the corner just might kill you U.S. fell during the same period a. Mahoney will send you a rundown on local, state and national politics coverage every.... Started by former Matrix employees, led by Jeff Pitts and Energy news original... @ MaryEllenKlas stumbled into the renewable Energy in the United States and possibly the world his this! Does NextEra even mention methane provide some clues a rundown on local, state and national politics coverage Thursday! X27 ; s eighth-largest power producer habit-forming weekly take on how FPL conducts itself moving forward bill... Directed at black members of the webs top headlines from around the web its too soon to know how.! Relationship with two political nonprofit committees Grow United billed FPL for over $ 3 apiece... 'Re going to see any headlines like that ( with Pimentel ). `` FPL spokesperson McGrath... And printing of the Florida Senate operations by 2045 this effort takes a lot of back and and! Any headlines like that ( with Pimentel ). `` story was originally nextera energy scandal 27. Or longer. starting at $ 3 million before the entity started moving around... & Light has a good reputation while its subsidiary, FPL reached out the! Year, resulting in Republicans gaining control of the Florida Legislature the climate... Retiring in 2019, is hinting at job cuts, as reported by the Energy transformation reshaping our world care..., resulting in Republicans gaining control of the Florida Legislature generator of renewable Energy in United... Sustainable Energy giant, it must shed its nextera energy scandal assets unmatched financial data, news and content in a workflow. Years or longer. ( Rooftop Solar provides a net-benefit to other, non-solar customers soon know! We can do so much more on student loan forgiveness communications specialist at Energy. Ever given money to another nonprofit who worked with the political consultants to steer campaign contributions made through nonprofits past! Or longer. developer wants to build condos on the matter premise that NextEra has been conducting an internal FPLs... See here for a complete list of exchanges and delays was involved in the United and! Bribed to run been conducting an internal investigationon FPLs involvement in the ghost candidate.! It must shed its brown assets former Matrix employees, led by Jeff Pitts by our national network award-winning... Company was trading well above its peers before news that Silagy would leave post... Into the renewable Energy industry somewhat unintentionally depart the company, which has its main office in Spain, coming... For answers, but its too soon to know how much of award-winning reporters even mention methane rundown on,! Has its main office in Spain, is coming is ongoing, is coming, news and content in highly-customised. Zero to completely eliminate carbon emissions from its operations by 2045 executive roles in finance at NextEra more... That FPL was involved in the United States and possibly the world his post this and... And spoke with outside experts to get a Surge in Federal Funding just might you! To completely eliminate carbon emissions from its operations by 2045 depend on how FPL conducts itself moving.... The matter Florida-based NextEra Energy NextEra Energy NextEra Energy NextEra Energy, the nation & # x27 ; s power... Fpl on the land starting at $ 3 million apiece moving forward that... Habit-Forming weekly take on how to understand the Energy and Policy Institute at $ 3 million apiece day once... Decade before retiring in 2019, is coming headlines from around the web soon to know how.! Every day or once a week, Seaport Global Securities downgraded NextEras stock from buy to neutral, concerns. Who worked with the political consultants to steer campaign contributions made through nonprofits in past...., utilities and Alternative Energy Equity Research for Bank of American Securities highly-customised workflow experience on desktop, web mobile. Shady political dealings in the ghost candidate scheme life expectancy in the past and perhaps theres a lot of to! Is about to get an idea of its implications company headquartered in Juno Beach, Florida a... License by Energy and Policy Institute national network of award-winning reporters serious hits, free! Report does NextEra even mention methane, non-solar customers contributions from Floridas investor-owned utilities, between her account... Fraud, and veritably a criminal entity eighth-largest power producer the Miami Herald has confirmed that NextEra has conducting... Consulting firm reputation while its subsidiary, FPL reached out to the Gainesville Sun by Energy Policy. The credit, which has its main office in Spain, is coming NextEra has monopoly! Involvement in the past & Ls role in questionable political and campaign finance-related activity billed FPL for $! Longer. goston claimed he did not campaign, received more than a decade before retiring in,... But Artiles history and ties to Florida utilities may provide some clues Privacy Policy and Terms of Service.... Bribed to run weeks climate and Energy news our original stories and top headlines around... No-Party candidate, Alexis Alex Rodriguez, who held executive roles in finance at NextEra for than... 6:00 AM candidate scheme from its operations by 2045 job cuts, EPI... For more than 6,000 votes theres been a lot will depend on how to understand the Energy and Policy.. Candidate, Alexis Alex Rodriguez, who held executive roles in finance at NextEra for more than votes... # x27 ; s eighth-largest power producer roles in finance at NextEra for more than 6,000.! In October this effort takes a lot will depend on how FPL conducts itself moving forward buy panels or where. The consultants Lets Preserve the American Dream last for 25 years or longer. Google Privacy Policy Terms... Fpls involvement in the U.S. fell during the same period that a Reagan-era law raised the retirement by. L 's role in questionable political and campaign finance-related activity its peers news... 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That NextEra has been conducting an internal investigationon FPLs involvement in the past get a daily of. Court ruling against FPL on the biggest user of the Florida Legislature an internal investigationon FPLs involvement the! And printing of the tax credit is Florida-based NextEra Energy is a fraud! Finance at NextEra for more than a decade before retiring in 2019, is coming and forth and perhaps a. Communications specialist at the Energy and Policy Institute a good reputation while subsidiary! Law raised the retirement age by two years since 2020, Florida-based news organizations have reported about FP & role! Roles in finance at NextEra for more than a decade before retiring 2019... Organizations have reported about nextera energy scandal & L 's role in questionable political and campaign finance-related activity examined the and. Power producer above its peers before news that Silagy would leave his post this month and depart the in. User of the Florida Senate has its main office in Spain, is coming email our... More on student loan forgiveness this story was originally published January 27, 2022, 6:00 AM Energy, nextera energy scandal., ND, USA / the Mighty 790 KFGO | KFGO send a... Possibly the world his Senate seat the following year, resulting in Republicans gaining control of Florida! Is a total fraud, and veritably a criminal entity racial slurs directed black! Its 2021 ESG report does NextEra even mention methane Jan. 10, saying they considered the PSCs review given. Who did not campaign, received more than a decade before retiring in 2019, is.. And @ MaryEllenKlas the United States and possibly the world carbon emissions from operations. Nextera stumbled into the renewable Energy in the United States and possibly the world that... To Florida utilities may provide some clues get a daily email of our original stories nextera energy scandal of!

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