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July 07, 2015 10:40 AM ET

Independent Power and Renewable Electricity Producers

Company Overview of NextEra Energy Resources, LLC

Company Overview

NextEra Energy Resources, LLC, through its subsidiaries, engages in the generation of electricity in the wholesale energy markets in the United States, Canada, and Spain. The company generates electric power from wind, fossil fuels, solar, and nuclear sources. As of December 31, 2014, its generating capacity included approximately 19,777 MW across 25 states in the United States, 4 Canadian provinces, and 1 Spanish province. The company also owned and operated 171 substations and approximately 993 circuit miles of transmission lines ranging from 69 kV to 345 kV. In addition, the company provides energy and capacity requirements services; engages in power and gas marketing and trading activiti...

PO Box 14000

Juno Beach, FL 33408

United States

Founded in 1998

4,700 Employees

Phone:

561-691-7171

Key Executives for NextEra Energy Resources, LLC

Chairman and Chief Executive Officer
Age: 52
President
Age: 52
Chief Financial Officer
Age: 59
Senior Vice President of Development
Chief Financial Officer of Nextera Energy Resources, LLC and Senior Vice President of Finance - Nextera Energy Resources, LLC
Age: 49
Compensation as of Fiscal Year 2015.

NextEra Energy Resources, LLC Key Developments

NextEra Energy Resources, LLC Announces the Completion of A 2.6 MW Solar System on the Main College Campus in Dryden

NextEra Energy Resources, LLC announced the completion of a 2.6 MW solar system on the main college campus in Dryden, New York. The system, installed on approximately 10 acres, is expected to meet 90% of the college's electricity needs. The ground-mounted fixed-array system is composed of 8,676 solar modules. TC3 will purchase the electricity from the solar project over the term of a 25-year power purchase agreement. The project, which is owned and operated by a subsidiary of NextEra Energy Resources, began generating electricity in May 2015. TC3 projections anticipate first-year savings of approximately $30,000, with potential further savings through the years if traditional utility rates increase.

Westar Unveils New 200-MW Wind Deal in Kansas with NextEra Energy Resources

Westar Energy announced it will buy 200 MW of wind from the Ninnescah wind farm in Kansas, to be built for it by a unit of NextEra Energy Resources LLC. The wind park in Pratt County will enter the construction phase late in 2015 or in early next year. It is planned to start producing power by the end of 2016. With that addition, Westar's renewable energy commitment will come near 1,300 MW, it pointed out in a press release.

NextEra Energy Resources, LLC Breaks Ground on Distributed Generation Solar Projects in Oneida County, New York

NextEra Energy Resources, LLC announced that it has started construction on two distributed generation solar photovoltaic (PV) systems in Oneida County, New York. The systems, located on two parcels in Whitestown, New York, will have the capacity to produce 5.2 megawatts (MW) DC of solar power. The two ground-mounted fixed-array systems will feature a combined total of 17,086 solar modules from Suntech Power and Canadian Solar. Oneida County will purchase the electricity generated over the term of a 25-year power purchase agreement with the NextEra Energy Resources subsidiary, and the subsidiary will own, operate and maintain the systems for the life of the contract. The projects are expected to reach commercial operation by October 2015. The projects are utilizing funding incentives from the New York State Energy Research and Development Authority (NYSERDA) Competitive PV program, which are intended to dramatically increase solar capacity and move the state of New York closer to its vision of a sustainable, self-sufficient solar industry.

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