NextEra Energy completes acquisition of Gulf Power from Southern Company

Juno Beach, Fla. (Jan. 1, 2019) /PRNewswire/ — NextEra Energy, Inc. (NYSE: NEE) has completed its previously announced acquisition of Gulf Power Company from Southern Company (NYSE: SO).

"We are excited to welcome our new colleagues from Gulf Power to the NextEra Energy family," said Jim Robo, chairman and chief executive officer of NextEra Energy. "The last few months have been among the most challenging periods in Gulf Power’s rich history as the team worked tirelessly to restore power to those impacted by Hurricane Michael. We couldn’t be more pleased by Gulf Power’s performance and commitment to getting the lights back on during what were extremely dangerous and difficult conditions. As we turn to the future, we look forward to extending to Gulf Power’s customers our best-in-class value proposition of low bills, clean energy, high reliability and outstanding customer service."

Source: NextEra