SOURCE: Industrial Info Resources

Industrial Info Resources

December 03, 2013 06:15 ET

Florida Power & Light Plans to Shut Down, Demolish Power Plant in Vero Beach, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Dec 3, 2013) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Florida Power & Light Company (FP&L) (Juno Beach, Florida), a subsidiary of NextEra Energy Incorporated (NYSE:NEE) (Juno Beach), and the City of Vero Beach Municipal Utilities are negotiating the acquisition of the Vero Beach Power Station (Vero Beach, Florida). FP&L has agreed to a deal that is worth up to $111.5 million cash, with $179 million in incentives.

Other companies featured: General Electric (NYSE:GE)

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