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The Office of Public Counsel, which advocates on behalf of Florida utility customers, also stated that it was a net benefit in that same workshop. Numerous studies have shown that rooftop solar provides a net-benefit to other, non-solar customers. A lot is riding on NextEra in the race to clean energy. Florida utilities donated nearly $1.5 million to FRSCC in the 2020 cycle. The papers also reported that a member of the Jacksonville City Council who didnt want to sell the citys utility company to FPL was offered a job that was arranged by consultants for FPL in an unsuccessful attempt to get him to resign from the commission. While it is not illegal to conspire to place a third-party candidate into an election, paying for that placement and failing to properly report the money involved is. NextEra Energy CEO James Robo responded to a question from a Bank of America Securities analyst and said the company had FPL CEO Eric Silagy turn over emails and text messages and concluded. 2. Goston claimed he did not know or care where the money supporting his candidacy came from, according to the Gainesville Sun. We deliver climate news to your inbox like nobody else. Artiles has long-standing close connections with FPL, as previously reported by Energy and Policy Institute in 2020 and 2021. Send news tips and questions to dan.gearino@insideclimatenews.org. Artiles accepted over $30,000 in political contributions from Florida utilities throughout his time in office, including $6,000 from NextEra, $4,500 from TECO, and $4,000 from Duke Energy in direct contributions. Last week, Seaport Global Securities downgraded NextEras stock from buy to neutral, citing concerns about growing media scrutiny of FPLs lobbying practices. But NextEras stock price has risen since then, largely in reaction to Sen. Joe Manchins announcement he is supporting clean energy legislation, which is good news for companies developing wind, solar and batteries. Shares of NextEra sank late last month by nearly 9%, their biggest daily drop in more than two years, after the company abruptly announced Silagy would retire under the threat of a formal. About Nextera Energy As one of America's largest capital investors in infrastructure, with between $50 and $55 billion in new infrastructure investments planned through 2022, we're helping ensure that the next energy to power our dreams will be American energy. Mary Ellen Klas is the state Capitol bureau chief for the Miami Herald, where she covers government and politics and focuses on investigative and accountability reporting. SAC 1-2. In Florida, DeSantis May End the Battle Over Rooftop Solar With a Pen Stroke - Corruption by Cops, In Florida, DeSantis May End the Battle Over Rooftop Solar With a Pen Stroke - Earth2, Utility executive contributions surge in Minnesota state senate race - Energy and Policy Institute, Amid Connections to Ongoing Election Scandals, NextEra Pours Millions into Floridas 2022 Election Cycle - Energy and Policy Institute, Southwest Gas aims to make customers pay for its American Gas Association membership dues. The 145-mile (233-kilometer), nearly $1 billion transmission line, known as New England Clean Energy Connect, broke ground in February after nearly three years of review by regulators. Since the arrest of former Florida Senator Frank Artiles on March 18, political journalists, investigators, and elected office-holders in the state have increasingly been asking one question: Who provided the funds for the scheme Artiles engineered? Rodriguez has pleaded guilty and agreed to cooperate with prosecutors. NextEra Energy ( NEE -1.10%) reported its first-quarter 2022 earnings yesterday, and its stock has been tumbling ever since. Pimentel replaces outgoing FP&L CEO Eric Silagy, who joined NextEra roughly two decades ago, worked as a top lobbyist for the company and has been at the center of some of its publicity problems. About NextEra Energy NextEra Energy, Inc. (NYSE: NEE) is a leading clean energy company headquartered in Juno Beach, Florida. That's a tax rate of just 1.25 percent over that period, when the . FPL has for decades spent millions on lobbying and election influence at every level of politics in Florida, giving it and its parent company, NextEra Energy, immense influence over the states politicians. The papers also reported that a member of the Jacksonville City Council who didnt want to sell the citys utility company to FPL was offered a job that was arranged by consultants for FPL in an unsuccessful attempt to get him to resign from the commission. Shares of NextEra sank late last month by nearly 9%, their biggest daily drop in more than two years, after the company abruptly announced Silagy would retire under the threat of a formal investigation by the Federal Election Commission into the company's political giving. So, thats probably all that were going to say on that today.. Public Lands in the US Have Long Been Disposed to Fossil Fuel Companies. Bainter was also heavily involved in Perrys campaign and was suspected by some observers to have orchestrated the funding behind Gostons third-party candidacy, which may have included funds connected to a utility front group. The scandal ballooned last week when three more arrests were made, including of Ben Paris, the chair of the Seminole County (FL) Republican Executive Committee. China: A World Powerhouse . FPL is a subsidiary of Juno Beach, Florida-based NextEra Energy, Inc. (NYSE: NEE), a clean energy company widely recognized for its efforts in sustainability, corporate responsibility, ethics and . On Tuesday, it became clear that Wall Street had noticed the stories. An early adopter of renewable power generation, NextEra is the third-largest U.S. energy company by market capitalization behind Exxon Mobil (XOM.N) and Chevron (CVX.N). I dont think youre going to see any headlines like that (with Pimentel). Pimentel was CEO of NextEra Energy Resources, the companys unregulated arm focused on renewable power, for eight years before retiring in 2019. On January 24th, the stock of renewables pioneer NextEra - now the U.S.'s largest utility company - dropped 8.8% on news the head of its FP&L unit was retiring. According to sources, NextEra subsidiary Florida Power & Light (FPL) funneled millions of dollarto run so-called ghost candidates in Florida state Senate campaigns. Rodrguez lost his Senate seat the following year, resulting in Republicans gaining control of the Florida Senate. Community Solar Is About to Get a Surge in Federal Funding. New Bucs offensive coordinator Dave Canales staff nearly set. NextEra Energy is on the receiving end of a proposed class action lawsuit in which a Nebraska homeowner alleges the electricity provider's wind turbines placed near residential communities are a "nuisance" and effectively deprive homeowners of the use and enjoyment of their property. Will 2022 mark the turning point in the climate crisis? Im interested in what happened with FPL, but Im also looking at whether this cascade of revelations could harm the utilitys parent company, NextEra Energy, which happens to be the largest generator of renewable energy in the United States, and maybe the world. But the company is limited in what it can do to defend itself because of reams of evidence, in leaked emails and texts, showing that company executives were aware of at least some of what was happening. In some parts of our organization there are capacities way beyond their need and that needs to be rectified, CEO Jochen Eickholt said in a conference call with analysts. Pasco park restaurant plans must wait for study of nearby burial mound, Tampa race has 4 candidates, including 2 council veterans, seeking open seat, St. Petersburg, Tampa Bay Rays to discuss these 9 topics about Tropicana Field, Rays Tyler Glasnow sustains oblique injury during practice, Hillsborough must right-size its school system | Editorial. Pimentel has been a well-known but low-key power industry figure whose familiarity with NextEra suggests he will provide consistent leadership for with NextEra's top subsidiary, said Glenrock Associates utility analyst Paul Patterson. as reported by Miami Herald last December. 11/22/2021. "I don't expect much of a change, leaving aside all of the stuff going on with the outgoing CEO," Patterson said. Banter reportedly followed Simpsons orders, using the FPL-originated funds to pay FrankArtiles, a lobbyist who was indicted in the scheme last year. Mary Ellen Klas: meklas@miamiherald.com and @MaryEllenKlas. Resistance to Renewable Energy Is Growing in Americas Farm Country: The need to build vast amounts of solar power is colliding with local concerns about how the projects will affect the look and feel of home. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. The firm, which also includes consultants Matt Mitchell and Michael Sheehan, came under intense scrutiny for their role in Floridas redistricting and were required to turn in over 1,800 pages of records as part of a lawsuit filed by Fair District voting-rights groups in 2013. I reported this story with Tracy Wholf, coordinating climate producer for ABC News, and we also worked together on a special episode of ABCs podcast Start Here that delves into the nuanced concerns on both sides of the conflict. Enforcement for funneling money through a partisan political committee to a ghost candidatescheme that has already resulted in felony charges against five political operatives. Both South Florida mailers for Alex Rodriguez and Celso Alfonso and Central Florida mailers for Jestine Iannotti featured identical text, focused on fixing health care, fighting climate change, and speaking truth to power. By continuing to use this site, you accept this policy. FPL has said it was not fully aware of what its consultant was doing, and it has cast doubt on some of the reporting. For example, Richard Alexander, who lives in Cullman, Ala., and not only chairs Grow United, he also has been tied to groups that were created to promote the agenda of Floridas powerful sugar and electric utilities industries, according to the Orlando Sentinel. Contacted for a response, a NextEra spokesman did not address the issues at FPL or the potential for blowback for the parent company, but he did point to recent comments from Kirk Crews, NextEras chief financial officer. Perry has received $13,500 in direct political donations from Florida utilities, including $1,000 from NextEra, $2,500 from NextEra company Gulf Power, $4,500 from Duke, and $5,500 from TECO, according to campaign finance filings. Republican Ileana Garcia won the election by 32 votes. I wonder if NextEras problems in Florida may eventually affect the perception of the company in other places. Simpson, a longtime beneficiary of FPL political giving, may have spent NextEra-originatedfunds, with FPL knowledge, to pay off individuals with knowledge of his illegitimate child inwhat was reportedly known internally as Operation Ginger. The goal of these efforts appearto be to prevent the public from learning about the Senate Presidents indiscretions prior to hisascension to the top position in the state Legislature. McClure also worked closely with utility front group Energy Fairness, as reported by the Energy and Policy Institute. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. Sign up for Mary Ellens newsletter Politics and Policy in the Sunshine State. Consumers for Energy Fairness does not have a website or any public presence, but it spent over $5,000 with the public affairs firm McNicholas & Associates on beverages and food in 2019. The closest NextEra has come is a promise to reduce its carbon emissions rate (i.e., emissions per unit of energy) 67% below 2005 levels by 2025. Sources report that the current NextEra investigation may be part of a wider probe into ethicalcomplaints against Simpson, the Senate President, including allegations that campaign moneywas spent to cover the fact that he fathered a child out of wedlock with a lobbyist for the Publixsupermarket chain. Matrix spent big money on advertising for another candidate with the same last name as Rodrguez to split the vote. In a Jan. 5 letter, they asked the commission to determine whether the company was using ratepayer money for political purposes. You can keep up with her work on her site Environment.co. His coverage deals with the business side of the clean-energy transition and he writes ICNs Inside Clean Energy newsletter. That promise would allow the company to continue . CTRL + SPACE for auto-complete. Federal agents arrested Ohio Speaker of the House Larry Householder, along with several lobbyists, on July 21 on charges that the group used $60 million of funds provided by the monopoly utility FirstEnergy Corp. in exchange for passing a law that bailed out that company's nuclear and coal plants. NextEra Energy Newsroom. In response to the stories, FPL has repeatedly denied any wrongdoing. Artiles faces multiple felony charges in connection to an alleged election scheme that successfully ousted Senator Jose Javier Rodriguez, a long-time climate advocate. Utilities gave nearly $2 million to five committees either linked to or controlled by AIF in the 2020 election cycle, over 20% of their total giving for the reporting period. See here for a complete list of exchanges and delays. Description. NextEra Energy CEO James Robo responded to a question from a Bank of America Securities analyst and said the company had FPL CEO Eric Silagy turn over emails and text messages and concluded. Entergy, which donated $10,000 to the Party [], [] has not shied away from shady political dealings in the past. Canopy quickly filed its own lawsuit against Matrix. Inside Climate News uses cookies. Though the Florida Power & Light scandal is one of the more recent topics bringing NextEra to the forefront of public attention, the company is certainly no stranger to controversy. NextEra, also based in Florida, has become a giant by racking up profits from its regulated utility business at FPL and using that as a foundation to build wind, solar and battery projects across the United States and Canada. When asked by a Bank of AmericaSecurities analyst on a recent earnings call, NextEra CEO James Robo explained that he orderedFPL CEO Eric Silagy to turn over emails and other written communication, primarily focused onFLs work with two political committees: Grow United and Lets Preserve the AmericanDream, both tied to Simpson. relationship with two political nonprofit committees Grow United, shown that as part of the ghost candidate scheme. NEW YORK, Feb 28(Reuters) - The new head of Florida Power & Light (FP&L) has at least one important objective above and beyond running U.S. power giant NextEra's crown jewel utility, analysts say: stay out of the headlines. "Even if you put somebody who is a perfectly fine individual with a financial background and doesn't have this aggressive history it doesn't necessarily make up for the fact of all that did happen in very recent history," Schafer said. With the Florida state senate hanging in the balance in the 2020 election, a network of dark-money groups engineered a brazen scheme to siphon votes from Democrats to third-party ghost candidates in three of Floridas legislative elections, all of which were won by Republicans, two by razor-thin margins. On Tuesday, it became clear that Wall Street had noticed the stories. Every day or once a week, our original stories and digest of the webs top headlines deliver the full story, for free. He helped build NextEra Energy Resources and seemed to choose his retirement as opposed to being forced out, the former colleague said. The legislators responded on Jan. 10, saying they considered the PSCs review incomplete given the news stories. By Mary Ellen Klas History of Power: Duke Energy's Century-Old Legacy. 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