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January 8, 2013
10:01 EDTNEENextEra Energy launches $7.5M renovation project in Mt. Pleasant ISD
The Mt. Pleasant Independent School District partnered with energy savings specialist NextEra Energy Solutions to upgrade lighting, replace aging HVAC equipment, lower operating and maintenance costs, and deliver a significantly improved educational environment for Mt. Pleasant students and staff. The $7.5M, project, which will benefit almost all of the district's buildings, produces a positive cash flow in each of the 15 years of the contract term. The district will see more than $500,000 per year in savings, thus exceeding the total cost of the project. Construction began in April 2012 and is scheduled to be completed by the summer of 2013.
News For NEE From The Last 14 Days
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December 14, 2014
19:44 EDTNEENextEra Energy could face battles with Hawaiian government, Barron's says
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December 5, 2014
07:34 EDTNEENextEra Energy acquisition likely mildly dilutive, says RBC Capital
After NextEra (NEE) agreed to buy Hawaiian Electric (HE), RBC Capital thinks the acquisition will be mildly dilutive. In order to justify the deal. NextEra would have to reduce operating and fuel costs while increasing the rate base, RBC believes. The firm thinks there is a possibility that regulators could push for concessions from NextEra which would cause it to walk away form the deal. The firm keeps a $112 price target and Outperform rating on NextEra.

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