"This is NextEra Energy’s first tax-equity transaction with the cash grant as a component," said Armando Pimentel, executive vice president of finance and chief financial officer of NextEra Energy, Inc. "We’re very pleased to be able to demonstrate continued success in the tax-equity market and to raise capital in a tax-efficient manner."
NextEra Energy Resources, LLC, is a clean energy leader and one of the largest competitive energy suppliers in North America. A subsidiary of Juno Beach, Fla.-based NextEra Energy, Inc. (NYSE: NEE), NextEra Energy Resources is the largest generator in North America of renewable energy from the wind energy and solar power.
It operates clean, emissions-free nuclear power generation facilities in New Hampshire, Iowa and Wisconsin as part of the NextEra Energy nuclear fleet, which is the third largest in the United States. NextEra Energy had 2010 revenues of more than $15 billion, nearly 43,000 megawatts of generating capacity, and approximately 15,000 employees in 28 states and Canada.