Source: NextEra Energy Resources, LLC
NextEra Energy Resources, LLC, the competitive energy subsidiary of NextEra Energy, Inc. (NYSE: NEE), announced that its subsidiaries have completed the sale of their ownership interest in the approximately 583-megawatt natural gas-fired Rhode Island State Energy Center (RISEC), located in Johnston, R.I. , to subsidiaries of Entergy Corporation for approximately $346 million , subject to customary closing adjustments.
RISEC recently completed work with Siemens to uprate its combustion turbines, increasing the facility's nominal capacity to approximately 583 megawatts from 550 megawatts. A NextEra Energy Resources affiliate will operate RISEC for an initial period of one year under a service contract.
NextEra Energy Resources continues to own and operate a diverse mix of clean generating assets in 22 states and Canada , with a combined capacity of more than 16,520 megawatts.