NextEra, FirstGroup to Electrify School Buses, a Biden Goal
- President Biden wants all school buses to have zero emissions
- Clean-energy giant NextEra poised to gain from Biden agenda
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Clean-energy giant NextEra Energy Inc. announced a plan to electrify thousands of school buses, capitalizing on President Joe Biden’s goal of accelerating the green transition.
NextEra Energy Resources, a subsidiary of the company, has agreed to work toward a joint venture with international bus and rail company FirstGroup to transition tens of thousands of public transit vehicles in the U.S. and Canada to electric, the companies said Tuesday. The plan would first electrify the 43,000 buses operated by FirstGroup unit First Student.