NextEra Energy Resources completes sale of four natural gas generating assets to LS Power

JUNO BEACH, Fla., Nov. 22, 2011 /PRNewswire/ -- NextEra Energy Resources, LLC, the competitive energy subsidiary of NextEra Energy, Inc. (NYSE:NEE), today announced that it has completed the sale of its ownership interest in a portfolio of natural gas-fired generating assets to an affiliate of LS Power.

(Logo:  http://photos.prnewswire.com/prnh/20110421/FL87524LOGO )

The power plants sold to an affiliate of LS Power are the 507-megawatt Blythe Energy Center located in Blythe, Calif.; the 668-megawatt Calhoun Energy Center located in Eastaboga, Ala.; the 98-megawatt Cherokee Energy Center located in Gaffney, S.C.; and the 879-megawatt Doswell Energy Center located in Ashland, Va.

A NextEra Energy Resources' affiliate is operating three of the facilities included in the sale for an initial period of five years and the fourth facility for an initial two-year period under service contracts.

NextEra Energy Resources continues to own and operate a diverse mix of clean generating assets in 23 states and Canada, with a combined capacity of more than 17,072 megawatts.

NextEra Energy Resources
NextEra Energy Resources, LLC, is a clean energy leader and one of the largest competitive energy suppliers in North America. A subsidiary of Juno Beach, Fla.-based NextEra Energy, Inc. (NYSE: NEE), NextEra Energy Resources is the largest generator in North America of renewable energy from the wind and sun. It operates clean, emissions-free nuclear power generation facilities in New Hampshire, Iowa and Wisconsin as part of the NextEra Energy nuclear fleet, which is the third largest in the United States. For more information, visit www.NextEraEnergyResources.com.

SOURCE NextEra Energy Resources, LLC