The Oklahoma state law, which took effect in May 2018 to protect open air space, states that developers obtain either a "no hazard" determination for each turbine from the Federal Aviation Administration (FAA) or work out a mitigation plan with the United States Department of Defense (DoD), and then submit notification of such with the Oklahoma Corporation Commission before construction may begin. [6] In addition to wind and solar, NextEra Energy Resources owns and operates generating plants powered by natural gas, nuclear energy, and oil. [11] After that effort failed, FPL completed the purchase in 1999. Access additional case information on PACER The transaction provides certainty of value for the creditors of the EFH bankruptcy estate. We are all in this together. NextEra Energy expects the transaction to be meaningfully accretive to earnings. Every organization follows its own path to decarbonization. NextEra Energy Resources is one of the largest generators of solar energy in the country. These risks, as well as other risks associated with the merger, will be more fully discussed in subsequent filings with the SEC in connection with the merger. Access IR contact details to get in touch. [53] FPL has also donated $20,000 to Perrys political committee, Building a Prosperous Florida, while TECO has donated $2,500. Upon completion of the transaction, together with Florida Power & Light Company (FPL) and NextEra Energy Resources, LLC, Oncor will become a principal business of NextEra Energy. NextEra Energy reaches definitive agreement to acquire Energy Future Holdings' interest in Oncor Electric Delivery Company, - Compelling transaction provides financial strength for Oncor and its customers and certainty of value for Energy Future Holdings' creditors, - Transaction will extinguish all Energy Future Holdings and Energy Future Intermediate Holding Company debt that currently exists above Oncor, - NextEra Energy's proven track record of providing affordable, reliable electric service for customers complements Oncor's operational strengths, - NextEra Energy committed to retaining local management, Dallas headquarters and Oncor name, - No involuntary workforce reductions at Oncor for at least two years after transaction close, - Transaction expected to be meaningfully accretive to NextEra Energy earnings. Our Real Zero Blueprint is the most ambitious target set by any U.S. utility or power generator. [38] In doing so, Avangrid wrote, NextEra is purposely trying to thwart the goals of Maine and Massachusetts to obtain more renewable power.[39] According to Daily Energy Insider, Avangrid had obtained every regulatory approval required at the state and federal levels, and the project was supported by Maine Gov. Vice President, Chief Communications Officer, Debra Larsson We are a clean energy leader, investing in our nations energy infrastructure and creating energy solutions for our customers. Copyright 2023 NextEra Energy, Inc. All rights reserved. It expects that its credit ratings and its subsidiaries' credit ratings will be maintained post-closing. Trinity Operating (USG), LLC et al FBC Royalty Partners, LLC v. Trinity Operating (USG), LLC et al RSS Track this Docket Docket Report This docket was last retrieved on March 8, 2021. We have incorporated the cleanest-burning fossil fuel into our portfolio with natural gas-fired facilities. Forward-looking statements are typically identified by words or phrases such as "may," "will," "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," "predict," and "target" and other words and terms of similar meaning. Trinity Operating Location PO Box 1188, Houston, Texas, 77251, United States Description Read More Industry The companies terminated the merger in April 2001. Click the button below to join our talent community and open the door to the next era of your career. We develop, construct and operate power projects to produce electricity. Trinity Operating is an independent oil and natural gas company engaged in the exploration, development and production of oil and natural gas from onshore properties within the U.S. Such forward-looking statements include, but are not limited to, statements about the anticipated benefits of the proposed merger involving NEE and EFH, including future financial or operating results of NEE or Oncor, NEE's, EFH's or Oncor's plans, objectives, expectations or intentions, the expected timing of completion of the transaction, the value, as of the completion of the merger or as of any other date in the future, of any consideration to be received in the merger in the form of stock or any other security, and other statements that are not historical facts. Such forward-looking statements include, but are not limited to, statements about the anticipated benefits of the proposed merger involving NEE and EFH, including future financial or operating results of NEE or Oncor, NEE's, EFH's or Oncor's plans, objectives, expectations or intentions, the expected timing of completion of the transaction, the value, as of the completion of the merger or as of any other date in the future, of any consideration to be received in the merger in the form of stock or any other security, and other statements that are not historical facts. Trinity Operating (USG), LLC Nextera Energy Resources Attorney/Law Firm Details Plaintiff Attorneys Michael P. Womack Attorney at Mullican & Hart, PC 15 E Fifth St, Ste 2200 Tulsa, OK 74103 Jose Gonzalez Attorney at Mullican & Hart, PC 15 E Fifth St, Ste 2200 Tulsa, OK 74103 Defendant Attorneys J. Kevin Hayes These filings and docket sheets should not be considered findings of fact or liability, nor do they necessarily reflect the view of Justia. Copyright 2022, NextEra Energy, Inc. All rights reserved, Press Tab to Move to Skip to Content Link. A more recent docket listing may be available from PACER . FBC Royalty Partners, LLC v. Trinity Operating (USG), LLC et al, Trinity Operating (USG), LLC and Nextera Energy Resources, US District Court for the Eastern District of Oklahoma, FILING FEES Paid in Full on 1/11/2021 in the amount of $402, receipt number AOKEDC-1445645 (Re: #2 Notice of Removal) by Nextera Energy Resources and Trinity Operating (USG), LLC (sms, Deputy Clerk), PETITION/COMPLAINT with Jury Demand filed in State Court against Nextera Energy Resources, Trinity Operating (USG), LLC by FBC Royalty Partners, LLC (jcb, Deputy Clerk). Janet Mills, Massachusetts Gov. Important factors that could cause actual results to differ materially from those indicated by any such forward-looking statements include risks and uncertainties relating to: the risk that NEE, EFH or Oncor may be unable to obtain bankruptcy court and governmental and regulatory approvals required for the merger, or required bankruptcy court and governmental and regulatory approvals may delay the merger or result in the imposition of conditions that could cause the parties to abandon the transaction; the risk that a condition to closing of the merger may not be satisfied; the expected timing to consummate the proposed merger; the risk that the businesses will not be integrated successfully; the risk that the cost savings and any other synergies from the transaction may not be fully realized or may take longer to realize than expected; disruption from the transaction making it more difficult to maintain relationships with customers, employees or suppliers; the diversion of management time and attention on merger- related issues; general worldwide economic conditions and related uncertainties; the effect and timing of changes in laws or in governmental regulations (including environmental); fluctuations in trading prices of securities of NEE and in the financial results of NEE, EFH or Oncor or any of their subsidiaries; the timing and extent of changes in interest rates, commodity prices and demand and market prices for electricity; and other factors discussed or referred to in the "Risk Factors" section of Oncor's or NEE's most recent Annual Reports on Form 10-K filed with the Securities and Exchange Commission. Nearly all of our electricity is derived from clean or renewable sources, including: We are the largest generator of wind-generating facilities in North America with 126 sites in operation. Today, we are the world's largest generator of renewable energy from the wind and the sun. Experience Trinity Operating 5 years 3 months Director of Operations HVL Asset / Drilling / Completions Jan 2023 - Present2 months Director - Drilling and Completions Feb 2020 - Present3. NextEra Energy has committed that it and its subsidiaries, other than Oncor, will not incur, guarantee or pledge assets in respect of any new debt that is solely or almost entirely dependent on the revenues of Oncor without first seeking approval from the Public Utility Commission of Texas. sustainable energy company. Reduce your carbon emissions through renewable energy sources. Referrals increase your chances of interviewing at NextEra Energy, Inc. by 2x. Trinity Operating, LLC is an independent oil and natural gas company engaged in the exploration, development and production of oil and natural gas from onshore properties within the U.S. Headquartered in Houston, Texas, we are a subsidiary of NextEra Energy, the world's largest generator of renewable energy from the wind and sun. This button displays the currently selected search type. Our core strategy has remained consistent and has led to a long-term track record of creating shareholder value. Get email updates for new Field Operations Supervisor jobs in Houston, TX. Trinity Operating, LLC is an independent oil and natural gas company engaged in the exploration, development and production of oil and natural gas from onshore properties within the U.S. Headquartered . Chadbourne & Parke LLP is serving as lead legal counsel to NextEra Energy. [50], Court documents obtained by the Miami Herald, as part of the state attorneys investigation, revealed that in the context of a ghost candidate scheme the organization "Lets Preserve the American Dream" awarded $125,000 to former state Sen. Frank Artiles for research. Find your next career with Americas leading [16], In December 2005, FPL Group announced an $11 billion all-stock acquisition of Maryland-based Constellation Energy Group. By clicking Agree & Join, you agree to the LinkedIn. Dr. Bacchus claimed that the power plant's water use had caused "surficial aquifer drawdown". In May 2018, NextEra Energy announced that it planned to buy Gulf Power Company, the largest electricity producer in Northwest Florida, from Southern Company in a $6.4 billion deal, pending approval from regulators. The listen-only webcast will be available on NextEra Energy's website by accessing the following link: NextEra Energy, Inc. (NYSE: NEE) is a leading clean energy company with consolidated revenues of approximately $17.5 billion and approximately 14,300 employees in 27 states and Canada as of year-end 2015, as well as approximately 45,000 megawatts of generating capacity, which includes megawatts associated with noncontrolling interests related to NextEra Energy Partners, LP (NYSE: NEP) as of April 2016. NextEra Energy's shares traded at over $261 per share, and its market capitalization was valued at over US$117 billion at the end of 2019. [44] This is a tired tactic that utilities have used to maintain their monopoly grip on electricity markets, said Will Giese, southeast regional director for the Solar Energy Industries Association.[45]. NextEra Energy has been recognized often by third parties for its efforts in sustainability, corporate responsibility, ethics and compliance, and diversity. In 2015, state regulators opted to cut the net-metering rate to a mere fraction of what it was. The transaction will improve Oncor's financial strength and result in tangible benefits for its customers. NextEra Energy owns Florida Power & Light Company, which is America's largest electric utility that sells more power than any other utility, providing clean, affordable, reliable electricity to approximately 5.8 million customer accounts, or more than 12 million . Explore our products and solutions below. Copyright 2022 NextEra Energy, Inc. All rights reserved. Well, it's my next to last day at NextEra Energy Resources, oil and gas division, called Trinity Operating. [18][19][20][21], On December 4, 2014, NextEra Energy announced its plans to purchase Hawaiian Electric Industries for $4.3 billion. 1 in the electric and gas utilities industry in Fortune's 2016 list of "World's Most Admired Companies." Power 2016 Electric Utility Residential Customer Satisfaction Study. Note that applications are not being accepted from your jurisdiction for this job currently via this jobsite. As Americas premier clean energy leader and the worlds largest producer of wind and solar energy, weve pioneered technologies that have transformed our industry. A Fortune 200 company and included in the S&P 100 index, NextEra Energy has been recognized often by third parties for its efforts in sustainability, corporate responsibility, ethics and compliance, and diversity, and has been ranked No. We'll keep you informed about upcoming events and opportunities at NextEra Energy that match your interests. More reliable. Headquartered in Juno Beach, Fla., NextEra Energy's principal subsidiaries are Florida Power & Light Company, which serves more than 4.8 million customer accounts in Florida and is one of the largest rate-regulated electric utilities in the United States, and NextEra Energy Resources, LLC, which, together with its affiliated entities, is the world's largest generator of renewable energy from the wind and sun. NextEra Energy intends to honor all existing union contracts and commitments. [36], In 2021, NextEra was accused of lobbying heavily against a transmission line project proposed by Avangrid, Inc. NextEra Energy will host a conference call and webcast to discuss this announcement at 9 a.m. Explore our products and solutions below. Copyright 2023 NextEra Energy Resources, LLC. These risks, as well as other risks associated with the merger, will be more fully discussed in subsequent filings with the SEC in connection with the merger. Two other competing bids were submitted in July 2017 for purchasing Oncor, including a $17.5 billion bid from Berkshire Hathaway Energy and a $18.5 billion bid from Elliott Management Corporation.