# NextEra Energy to acquire Southern Co. Florida assets for $6.5B

NextEra Energy will acquire Southern Co.'s 100% ownership in Plant Oleander (791 MW gas-fired plant), 65% interest in Stanton Energy Center (gas-fired combined cycle), Gulf Power utility, and Florida City Gas, in a deal valued at about $6.5 billion.

- Type: Acquisition
- Announced: 2018-05-21
- Where: Florida, United States
- Value: $6.50B
- Status: announced
- Products: natural gas-fired power, natural gas distribution
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [NextEra Energy](https://endata.com/companies/31966.md) (acquirer)
- [Southern Company](https://endata.com/companies/31967.md) (target)

## Sources

- [powermag.com](https://www.powermag.com/cash-starved-southern-sells-florida-assets-to-nextera/), 2018-05-21: "NextEra Energy on May 21 said it would acquire several assets from Southern Co., including Southern’s ownership interest in two natural gas-fired power plants in Florida, in a deal valued at about $6.5 billion."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.