Spectra Energy To Construct $3 Billion Interstate Pipeline into Florida

   Spectra Energy To Construct $3 Billion Interstate Pipeline into Florida

Sabal Trail Project will Deliver Safe, Affordable, Clean Burning Natural Gas
Supplies, Along with Jobs & Tax Revenue to the Southeast US

PR Newswire

HOUSTON, July 26, 2013

HOUSTON, July 26, 2013 /PRNewswire/ --Spectra Energy Corp (NYSE: SE) today
announced that Sabal Trail Transmission, LLC (Sabal Trail), a joint venture of
Spectra Energy and NextEra Energy, Inc. (NYSE: NEE), has been awarded a
465-mile interstate natural gas pipeline project by Florida Power & Light
Company (FPL) to provide transportation services for their power generation
needs beginning in May 2017.

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"Spectra Energy is extremely pleased to have secured the bid to build and
operate this interstate natural gas pipeline as a result of our competitive
response to FPL's request for proposal (RFP). We are excited to work with FPL
and NextEra Energy to bring this critically needed third interstate natural
gas pipeline into Florida, which will provide safe, clean burning, affordable
natural gas to power the state's homes, businesses and economy," said Bill
Yardley, president, U.S. Transmission and Storage, Spectra Energy Corp.
"Successfully securing this project is a testament to our strong history of
successful project execution and advances our strategy of maximizing
shareholder value by executing more than $25 billion in growth projects
through the end of the decade."

Sabal Trail will construct the more than 1 billion cubic feet per day pipeline
originating in Tallapoosa County, Alabama, extending through Georgia and
ending at the Central Florida Hub near Orlando. Through a capacity lease with
Transco, natural gas supply will be accessed at Transco's Station 85 in
Choctaw County, Alabama. 

"Our Sabal Trail development team is committed to engaging with stakeholders
throughout the process to ensure the smooth construction of this pipeline
which will provide reliable natural gas supply and significant economic
benefits, including increased tax revenue and local jobs, to the Southeast
region," added Yardley.

For more information on Sabal Trail, please visit
www.sabaltrailtransmission.com.

Spectra Energy Corp (NYSE: SE), a FORTUNE 500 company, is one of North
America's premier pipeline and midstream companies. Based in Houston, Texas,
the company's operations in the United States and Canada include more than
22,000 miles of natural gas, natural gas liquids, and crude oil pipelines,
approximately 305 billion cubic feet (Bcf) of natural gas storage, as well as
natural gas gathering and processing, and local distribution operations. The
company also has a 50 percent ownership in DCP Midstream, the largest producer
of natural gas liquids and one of the largest natural gas gatherers and
processors in the United States. Spectra Energy has served North American
customers and communities for more than a century. The company's longstanding
values are recognized through its inclusion in the Dow Jones Sustainability
World and North America Indexes and the Carbon Disclosure Project's Global 500
and S&P 500 Carbon Disclosure Leadership Indexes. For more information, visit
www.spectraenergy.com.



SOURCE Spectra Energy Corp

Website: http://www.spectraenergy.com
Contact: Media: Andrea Grover, (713) 627-5683, (888) 215-6683 (Project media
line), Analysts: Roni Cappadonna, (713) 627-4778