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NextEra to Help Power Proposed Natural Gas-to-Fuel Plant in Texas

Farm Workers Receive Covid-19 Vaccinations
Photographer: Bing Guan/Bloomberg

NextEra Energy Inc. signed a 20-year agreement to sell wind power to a Houston company planning to make gasoline from natural gas in the world’s biggest shale field. 

The renewable-energy giant will supply 1,000 gigawatt-hours annually to closely held Nacero Inc.’s proposed fuel-making plant in the Permian Basin of West Texas, the companies said in a joint statement on Wednesday.