Saturday, February 17, 2018

NextEra May Want to Take Over a S.C. Utility, But at What Price? - Bloomberg

NextEra May Want to Take Over a S.C. Utility, But at What Price? - Bloomberg: "The problem is, state senators who’ve been privy to conversations with NextEra can’t seem to figure out exactly how much it’s willing to pay. Depending on who you talk to, the company has thrown out figures ranging from $6 billion to $15.9 billion, state Senator Luke Rankin said in an interview. A second senator, Shane Massey, said he knew only of NextEra expressing interest in the utility and didn’t recall it ever giving firm numbers.

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