NextEra Energy Transmission to acquire Trans Bay Cable for $1B

NextEra Energy Transmission agreed to acquire Trans Bay Cable, a 53-mile underwater transmission cable system in California, for approximately $1 billion including debt assumption.

“The Trans Bay Cable provides meaningful benefits to residents of the Bay Area by providing access to safe, reliable and cost-effective electric transmission service.”newsroom.nexteraenergy.com

• 1 source
• newsroom.nexteraenergy.comNextEra Energy Transmission to acquire underwater transmission cable system - Nov 19, 2018Nov 19, 2018

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