How Italy Beat the World to a Smarter Grid Nov 17, 2009
Some 85% of Italian homes are now outfitted with smart meters the highest percentage in the world and more such devices than exist in the whole of the U.S. Utilities worldwide, such as San Francisco's PG&E () and Florida's FPL Group (), are eager to learn how Enel pulled off its smart meter revolution. Back in 2001, Enel () the country's dominant utility started a five-year program to install smart meters across its customer base of 40 million homes and businesses. (BusinessWeek)
Get the latest on Gov. Crist Oct 31, 2009
FPL Group Controller Mike Davis is going to get a grilling on the. Some of the expenses incurred so far include $1. (The Palm Beach Post)
Business digest: Cinema cafe coming to Bonita Springs Oct 29, 2009
Power-plant operator FPL Group Inc. on Tuesday said its third-quarter profit fell 31 percent mostly due to dismal economic conditions and a customer decline in Florida, which hurt results for its Florida Power unit. The rate-regulated utility subsidiary had about 9,000 fewer customers in the most-recent quarter, compared with customer levels in the same period last year. (The News-Press -- Business)
Obama presses climate accord Oct 28, 2009
At Obama's side in Arcadia stood Lewis Hay, chairman and chief executive of the FPL Group that owns the power plant. Though a major political contributor to Arizona's Sen. (AZCentral -- News)
> FPL Group Q3 net income down 28% Oct 28, 2009
FPL Group Q3 net income down 28% - South Florida Business Journal ... FPL Group Q3 net income down 28 ... FPL Group's rate-regulated utility subsidiary, , reported third quarter net income of $306 million, or 75 cents a share, down from $314 million, or 78 cents a share, in the prior-year quarter. (South Florida Business Journal, FL)
Get more coverage of FPL Oct 22, 2009
FPL Group Chief Financial Officer Armando Pimentel sat patiently as the hearing started just before 10 a.m. as both sides argued about accounting for plane flights. Opponents of the increase questioned how the Juno Beach-based power company s allocated charges for the jets and helicopters. (The Palm Beach Post)
Matching Gifts Oct 21, 2009
Matching Gift Companies - CLEMSON UNIVERSITY OFFICIAL ATHLETIC SITE. Matching Gift Companies Thank you for making the extra effort - and for your doubled support. (Clemsontigers.com)
Pelosi raps GOP statement, says, ‘I’m in my place’ Oct 9, 2009
Along with Bezos and Rosenfeld, attendees included Antonio Perez, chief executive of Eastman Kodak Co., and Lewis Hay III, chief executive of FPL Group Inc., owner of Florida s largest utility, according to an administration statement. The lunch was held behind closed doors in the president s private dining room. (Boston Globe)
NextEra buys Wessington Springs wind farm Oct 3, 2009
NextEra Energy operates as a subsidiary of the FPL Group Inc., a Juno Beach, Fla ... The FPL Group announced its 2008 revenues as more than $16 billion and indicated that it owns about 39,000 megawatts of generating capacity ... The FPL Group developed the 27-turbine wind farm south of Highmore in 2003 and still operates the facility. (Madison Daily Leader, SD)
Duke, FPL invest $600M in green vehicles Sep 26, 2009
Duke Energy, FPL Group invest $600M in green vehicles - Triangle Business Journal ... Duke Energy, FPL Group invest $600M in green vehicles. (Raleigh Triangle Business Journal, NC)
RR Donnelley pays $122M to end losing contract Sep 26, 2009
-based FPL Group Inc. represents more than 10,000 vehicles and potential revenue of $600 million or more for manufacturers. The goal is that by 2020, 100 percent of all new fleet vehicles will be plug-in electric vehicles or plug-in hybrid vehicles. (Fresno Bee -- Business)
Duke, FPL Group invest $600M in green vehicles Sep 25, 2009
for free extra services. Thursday, September 24, 2009, 9:53am EDT. (Charlotte Business Journal, NC)
Duke, FPL to Switch to Hybrid, Electric Vehicles Sep 25, 2009
Power companies Duke and FPL Group to switch to hybrid, electric vehicles ... -based FPL Group Inc. represents more than 10,000 vehicles and potential revenue of $600 million or more for manufacturers. (ABC News -- Wire)
US largest power genarators switch to hybrid, electric vehicles Sep 25, 2009
The commitment by Charlotte, North Carolina-based Duke Energy and Florida-based FPL Group Inc. represents more than 10,000 vehicles and potential revenue of $600 million or more for manufacturers. The companies made the announcement during the annual meeting of Clinton Global Initiative, started by former President Bill Clinton that brings together the public and private sector to discuss solutions to problems in four areas - climate change, poverty, global health and education. (The Star Online, Malaysia -- Business)
Iowa company owned by billionaire investor Warren Buffett revealed it would buy Constellation for $4.7 billion Sep 18, 2009
5 billion merger with Florida-based FPL Group Inc., a transaction that was eventually torpedoed by state lawmakers in 2006. We strongly believe this transaction is in the best long-term interest of our investors, employees and the customers and communities we serve, said Mayo A. Shattuck III, CEO of Baltimore-based Constellation Energy, in a statement Sept. 18. (Baltimore Business Journal, MD)
speculation swirled over its future Sep 18, 2009
4 billion sale to Florida s FPL Group Inc. two years ago. A political battle between Constellation and Maryland lawmakers torpedoed the deal. (Baltimore Business Journal, MD)
East River joins in $250 million wind farm project Sep 11, 2009
-based FPL Group and is the largest generator in North America of renewable energy from the wind and sun ... The FPL Group had 2008 revenues of more than $16 billion, has about 39,000 megawatts of generating capacity, and more than 15,000 employees in 27 states and Canada. (Madison Daily Leader, SD)
FP&L rate hike request hearing begins Aug 25, 2009
Shares of FP&L parent company FPL Group closed up 14 cents to $58. 17. (Tampa Bay Business Journal, FL)
Bert Garvin joins ATC as vp, gen. counsel Aug 22, 2009
a subsidiary of FPL Group, also of Juno Beach, and he also served as senior attorney in the FPL law department. At NextEra, Garvin was responsible for developing strategy and directing state regulatory and legislative advocacy efforts in 26 states. (Milwaukee Business Journal, WI)
Stock questions? Ask Matt Aug 7, 2009
Relying on dividend-paying stocks for income comes with risks - USATODAY.com. Relying on dividend-paying stocks for income comes with risks. (USA Today -- Money)
Archive: What Companies Really Pay in Taxes Jul 17, 2009
FPL Group (), owner of Florida Power , understands the value of alternative energy. By setting up everything from 1,500 acres of solar electric systems in California to wind farms across the U.S., the Juno Beach (Fla. (BusinessWeek)
FP&Ls bid to build nuclear reactors made public Jul 17, 2009
FP&L currently uses first mortgage bonds and equity contributions from Juno Beach-based parent company FPL Group (NYSE: FPL) to finance long-term utility assets ... FPL Group shares were down 43 cents to $56. (South Florida Business Journal, FL)
US Renewable Energy: Sell the Public Renewable Energy Stocks Jul 14, 2009
14 FPL Group FPL 13 $57. 19 Methanex Corp MEOH 14 $11. (PR Newswire)
Adding Solar To Natgas Plants Is A Cheaper Way To Go Green Jul 9, 2009
So Florida's FPL Group () and others are starting to add solar arrays to their natural gas plants. It lets them make proverbial hay while the sun shines, maximizing what they can do with conventional fuels, existing equipment and government incentives. (Investors Business Daily)
What will carbon caps cost Florida? Jun 28, 2009
"The U.S. Environmental Protection Agency estimates the per-household cost at $80 to $110 a year.FPL a big winnerAmong the biggest winners in a cap-and-trade system would be low-carbon-emitting and nuclear power generators, such as Florida Power Co., which could sell other dirtier polluters carbon allowances. FPL is the largest renewable energy and wind producer in the country.(3 of 3)Capping and pricing carbon is "the equivalent of buying an insurance policy against the worst effects of climate... (Florida Today)
Tony Earley Elected EEI Chairman; Richard Kelly, Tom Farrell and Lew Hay to Serve as Vice-Chairmen Jun 26, 2009
-based Dominion; and Lewis Hay III, chairman and CEO of FPL Group, based in Juno Beach, Fla ... Lew Hay was elected CEO of FPL Group in June 2001 and chairman in January 2002 ... Mr. Hay also is chairman of FPL Group's two primary subsidiaries, Florida Power & Light Company and NextEra Energy Resources, LLC (formerly FPL Energy, LLC). (PR Newswire)
Guatemalan tossed out of U.S. puts spotlight on care for illegals Jun 22, 2009
Considering the respectable dividend payments and strong price of shares of FPL's parent company, FPL Group Inc. (NYSE: FPL, $57. 05), the company doesn't seem to need such a high rate of return, said Martin County resident Frank Chicoine, an advocate with AARP.. (The Palm Beach Post)
Otter Tail Power Company to Build Wind Farm in 2009 May 23, 2009
5 megawatts built by NextEra Energy Resources LLC, an affiliate of FPL Group. NextEra Energy Resources will serve as construction manager and initial operator of the wind farm located in Steele and Griggs counties. (Primezone Releases)
USCAP Statement on Passage of The American Clean Energy and Security Act May 22, 2009
- Alcoa - Boston Scientific - BP America - Caterpillar - Chrysler - ConocoPhillips - Dow - Duke Energy - DuPont - Environmental Defense Fund - Exelon - Ford - FPL Group - GE - GM - John Deere - Johnson & Johnson - Natural Resources Defense Council - The Nature Conservancy - NRG Energy - PepsiCo - Pew Center on Global Climate Change - PG&E - PNM Resources - Rio Tinto - Shell - Siemens - World Resources Institute. SOURCE U.S. Climate Action Partnership. (PR Newswire)
FP&L preps for storm season May 8, 2009
FP&L, a division of Juno Beach-based FPL Group, has been busy since the devastating hurricane seasons of 2004 and 2005. The company. (South Florida Business Journal, FL)
Our views: Fight the warming May 6, 2009
Another participant is FPL Group, whose main subsidiary is Florida Power that serves 4. 4 million customers in the state, including most Brevard County residents. (Florida Today)
What U.S. companies really pay in taxes May 5, 2009
FPL Group, owner of Florida Power & Light, understands the value of alternative energy. By setting up everything from 1,500 acres of solar electric systems in California to wind farms across the U.S., the Juno Beach, Fla. (MSNBC -- Business)
Factory Index Rises For A Fourth Month As Recession Eases May 4, 2009
FPL Group (FPL), parent of Florida Power & Light, said Q1 EPS gained 18% to 90 cents ex items, topping views by 13 cents. Revenue grew 8% to $3. (Investors Business Daily)
S&P warns of Constellation downgrade May 2, 2009
Constellation had sought a merger with Florida utility FPL Group Inc. in 2006 but that deal fell apart in the face of scrutiny from Maryland lawmakers and regulators. Reader Comments. (Baltimore Business Journal, MD)
FPL Groups Q1 earnings up 18.4% Apr 29, 2009
FPL Groups Q1 earnings up 18 ... FPL Groups Q1 earnings up 18 ... FPL Group reported first quarter adjusted earnings were up 18. (South Florida Business Journal, FL)
Utilities amp up lobbying over climate debate Apr 29, 2009
The electric companies with the largest lobbying increases in the second half of 2008 compared with the same period in 2007, by dollar amount. American Electric Power. (USA Today -- Tech)
FPL Group to release Q1 results Tuesday Apr 28, 2009
com ranked FPL Group s stock one of the top 5 all-around value stocks ... FPL Group attributed its success to record earnings at its NextEra Energy Resources, formerly FPL Energy, the largest generator of wind and solar power in North America ... Last week, FPL Group said it had signed a deal with to supply it with solar photovoltaic panels and proprietary tracking systems. (South Florida Business Journal, FL)
Texas is still wind king, but Iowa breezes past California Apr 14, 2009
FPL Group subsidiary NextEra Energy Resources continues to dominate the landscape with ownership of about 25% of the total installed U.S. wind projects, totaling 6,290 megawatts. Iberdrola Renewables, MidAmerican Energy and Horizon-Energia de Portugal combine for the next 25. (USA Today -- Money)
GE, Vestas lead U.S. wind turbine sales Apr 13, 2009
-based FPL Group Inc.'s NextEra Energy Resources ranked first among companies that install wind turbines, with 25 percent of U.S. generation totaling 25,300 megawatts, enough to power 7 million homes, the group said. That's about 2. (Republican-American)
FP&L harnesses solar power for planned new city Apr 10, 2009
FPL Group shares were down 87 cents to $51. 75 in afternoon trading. (South Florida Business Journal, FL)
Colo-Nesco students research local windfarm Apr 10, 2009
Tasker praised Story County's elected officials for being extremely supportive of wind energy and allowing NextEra, which is owned by FPL Group out of Florida, to come into the area and work on this project. Once they knew the wind levels were suitable and the political support was strong, Tasker said company officials began to work with individual property owners on agreements to put up windmills on their land, and, he said a lot of factors determined specifically where each windmill was... (Nevada Journal, IA)
Florida to get first solar-powered city Apr 10, 2009
FPL Group Inc's utility Florida Power & Light is working with the realty group Kitson & Partners to construct what the utility says will be the world's largest photovoltaic solar plant in a planned, environmentally friendly city near Fort Myers in southwestern Florida. Called Babcock Ranch, the city will aim to build 19,500 houses and about 6 million square feet of retail, light industrial, and office space when it is completed, the developers said. (Scientific American)
Green power purchases targeted to wind, solar Apr 1, 2009
NextEra Energy Resources, a unit of Florida-based electricity giant FPL Group, says it will put all proceeds from the sale of its EarthEra renewable energy certificates, or RECs, into a trust. The company's auditor, Deloitte & Touche, will ensure the entire trust is funneled to new clean generation, NextEra executives say. (USA Today -- Money)
Want cleaner energy? Get ready to pay Mar 4, 2009
In a written statement released last week, FPL Group Chairman and Chief Executive Officer Lew Hay said, "The sooner we can establish a price on carbon dioxide, the sooner we can tackle climate change and begin the transition to the clean energy economy of the 21st century.". On Tuesday, FPL spokesman Randy Clerihue said it's too early to tell how the utility's customers -- including more than 335,000 accounts in Brevard and Indian River counties -- might be affected by the Obama energy plan... (Florida Today)
FPL Group Capital to sell $500M of notes Mar 3, 2009
FPL Group Capital to sell $500M of 10-year notes - South Florida Business Journal ... FPL Group Capital to sell $500M of 10-year notes ... The debentures are guaranteed by FPL Group Capital s parent company, Juno Beach-based FPL Group (NYSE: FPL). (South Florida Business Journal, FL)
FP&L breaks ground on solar facility Feb 28, 2009
FP&L, a subsidiary of FPL Group (NYSE: FPL), provides power for nearly 30 counties including Manatee and Sarasota. Shares of parent company FPL Group were down 98 cents to $46. (Tampa Bay Business Journal, FL)
FP&L breaks ground on solar energy facility Feb 27, 2009
Shares of parent company FPL Group were down 98 cents to $46. 44 in afternoon trading. (South Florida Business Journal, FL)
Follow the Dow Feb 23, 2009
Latest stock market news, quotes, South Florida companies and Wall Street updates. Customize the chart below to include your stocks and mutual funds. (The Palm Beach Post)
Cuts at power companies raise red flags about reliability Feb 23, 2009
FPL Group in Florida is shelving $1 billion in new wind power as it chops its capital budget 24. David Owens of the Edison Institute says the cuts won't "put (grid) reliability in jeopardy," and some projects will likely be restored with money from the economic stimulus package. (USA Today -- Money)
FPL CEO Hay outlines low-carbon plan Feb 18, 2009
That was the message FPL Group Chairman and CEO Lew Hay delivered Monday in a speech to the in Washington, D.C.. Our nation is at a critical moment in history, confronted by a triple threat of challenges: an economy in recession, an overdependence on foreign energy, and a warming planet, Hay said. (Jacksonville Business Journal, FL)
Atlantic Storm Approaching Spain's Windmills May Slam Electricity Prices Feb 7, 2009
Iberdrola and Acciona, with wind farms in four continents, are the biggest wind-energy companies, followed FPL Group, of Juno Beach, Florida, according to the Brussels-based Global Wind Energy Council. The regional wind data is provided to Bloomberg by San Francisco-based. (Bloomberg)
