NextEra to Spend Up to $5.8 Billion on Wind, Solar Power by 2014
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NextEra Energy Inc., the largest U.S. wind-energy producer, plans to spend as much as $5.8 billion in the next three years to build wind and solar projects.
The company’s NextEra Energy Resources LLC unit plans to spend from $2.3 billion to $2.7 billion through 2014 on solar projects, and $2.7 billion to $3.1 billion on wind farms, Lewis Hay, chief executive officer of the Juno Beach, Florida-based power company, said today during a conference call to discuss its second-quarter results.