nextera energy scandal

The Orlando Sentinel connected Republican consultant Alex Alvarado to the production and printing of the mailers for the third-party candidates in October. Its useless at this time because theres nothing out there and the cars that you do find, everythings gone up in price.. The company, which has its main office in Spain, is hinting at job cuts, as Isla Binnie reports for Reuters. Since then, the legislature replaced the previous leader of that office, J.R. Kelly, with a former utility lobbyist, Richard Gentry. The second group, Mothers for Moderation, a DC-based 501(c)(4) dark-money group with over $15 million in revenue, states that its mission is to advocate for policies that benefit women, according to its 2018 IRS filings. He pointed to some of NextEras conduct outside of Florida, like its opposition to a power line in Maine that would have delivered renewable energy from Canada and harmed the market for a nuclear plant co-owned by the company. By Mary Ellen Klas We deliver climate news to your inbox like nobody else. A day later, Public Service Commission chairperson Andrew Fay responded with an unequivocal rejection of their request, saying that the commission has a long-standing prohibition on the inclusion of lobbying and other expenses, which have been determined to bring no benefit to ratepayers, among the expenses to be recovered through rates charged to the public for service., Fay added that when FPL filed its rate request, the appropriate auditing function was conducted during the commissions consideration of the most recent FPL rate case, and the audit produced no evidence that FPL used, or was intending to use, ratepayer funds for the private benefit of the companys lobbying, campaigning or marketing affairs.. At the end of the earnings call, Robo announced he will be retiring from his position on March 1 and John Ketchum, currently president and CEO of NextEra Energy Resources, will succeed him. Campaign created by chips Armstrong Stop rewarding, and PUNISH those masquerading as renewable energy providers, like NextEra Energy Resources, formerly Florida Power & Light, and make them accountable for cleaning up their environmental carnage. Life expectancy in the U.S. fell during the same period that a Reagan-era law raised the retirement age by two years. If trust in NextEra dwindlesand seemingly it has, if stock recommendations are anything to judge bypeople might be less willing to consider the installation of a wind farm in the. If trust in NextEra dwindlesand seemingly it has, if stock recommendations are anything to judge bypeople might be less willing to consider the installation of a wind farm in their community. Bradleys political committee, Women Building the Future, has taken $47,500 from investor-owned utilities, with $12,500 coming from NextEra Energy and $35,000 from TECO. A digest of the most pressing climate-related news, released every Tuesday and Friday. Inside Clean Energy is ICNs weekly bulletin of news and analysis about the energy transition. This is a very good deal for the climate.. Date. 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 there was no evidence of illegality or wrongdoing on the part of FPL or any of its employees.. Robo responded: Sure, Julian, I think you know, on some of the Florida political headlines I think what Id like to say on that is pretty simple., He said that when the company received the report and those allegations that have been in the press, we conducted a very extensive and thorough investigation that included looking at company financial records and include looking at everyone who was named and its company emails. He said those involved all provided access to their personal emails and texts to us as part of that investigation., He concluded: The bottom line is we found no evidence of any issues at all, any illegality, or any wrongdoing on the part of FPL or any of its employees., Robo added that he felt very good about the investigation that we did, and I feel very good that there is, you know, no basis to any of these allegations. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. Can the PSC provide a complete list of 501(c)4 social welfare organizations that FPL has provided funding to over the past five years? We know about FPLs actions thanks to reporting by the Orlando Sentinel, Miami Herald and The Florida Times-Union, some of it in partnership with the nonprofit Floodlight. The industry leader for online information for tax, accounting and finance professionals. JUNO BEACH, Fla., Nov. 2, 2020 /PRNewswire/ -- NextEra Energy Partners, LP (NYSE: NEP) today announced that it has entered into an agreement with a subsidiary of NextEra Energy Resources, LLC to . You can reach her at meklas@miamiherald.com and on Twitter @MaryEllenKlas. Prior to his resignation, Artiles fast-tracked pro-utility bills as former chairman of the Florida Senates Communications, Energy and Public Utilities Committee, including one that would have allowed NextEra to charge its Florida customers for exploratory fracking in Oklahoma, an attempted end-run around a Florida Supreme Court ruling against FPL on the matter. A former NextEra colleague of Pimentel's, who spoke on the condition of anonymity, said Pimentel was a "straightforward, fact-based and driven" coworker with a calm temperament. In the 2020 cycle alone, the Florida Republican Senate Campaign Committee (FRSCC) reported over $7 million dollars in expenditures to Data Targeting, for services including research, polling, advertising, campaign staff, and line items only reported as consulting. Nearly $183,000 of FRSCCs spending with Data Targeting was earmarked for the Senate District 37 race, the same race that led to Artiles arrest. In 2018-19, Mary Ellen was a Nieman Fellow at Harvard University. 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. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. ESI Energy LLC, Wholly Owned Subsidiary of Nextera Energy Resources LLC, Is Sentenced After Pleading Guilty to Killing and Wounding Eagles in Its Wind Energy Operations, in Violation of the Migratory Bird Treaty Act | USAO-EDCA | Department of Justice Share Department of Justice U.S. Attorney's Office Eastern District of California There is no word on whether the internal investigationaddressed efforts associated with Operation Ginger., Copyright 2021 US TIMES NOW Cream Magazine by Themebeez, NextEra Energy (NE) is currently under investigation by the Florida Department of Law, SSD enabled fast speed data processing in Europe based VPS Server Hosting from TheServerHost, Ace DJ Artist talent DJ Nitin(NG) aka Nitin Gaikwad is Gaining Global Popularity As An Wedding DJ, Spotify is introducing a new and improved plus button in place of its heart icon, Palantir will eliminate 75 jobs or about 2% of the employees, Dr. Malda Aldaoudi consider Lifted Eyebrows and Fox Eye Lift as the latest trends. The state senate districts were 9, 37, and 39. Has FPL ever given money to another nonprofit who worked with the consultants Lets Preserve the American Dream? NextEra Energy (NE) is currently under investigation by the Florida Department of Law Derek Robins June 26, 2022 Business Enforcement for funneling money through a partisan political committee to a "ghost candidate" scheme that has already resulted in felony charges against five political operatives. "We have welcomed Armando Pimentel back to our company and have confidence that he will use his deep industry and company experience to further strengthen the FPL organization, NextEra Energy spokesperson David Reuter said. They probably chose him to be a steady the ship-type figure, said Jack Dearing, an analyst withWashington-based Capstone LLC, which advises investors and companies on policy issues. JUNO BEACH, Fla. - FPL Group, Inc. (NYSE:FPL) today announced a settlement, subject to court approval, of derivative litigation filed by certain shareholders in the name of the company regarding change-of-control payments made in December 2000 in conjunction with the proposed Entergy merger that was approved by shareholders but not consummated.. He also was instrumental in the 2019 political campaign against the so-called energy choice petition drive, which was opposed by FPL and other utilities. NextEras fourth-quarter earnings call with financial analysts, Robo announced he will be retiring from his position on March 1, PSC Executive Director Braulio Baez responded, Support my work with a digital subscription, Exclusive: Last grass lot on Miamis Brickell Avenue sells for $6 million. 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. See here for a complete list of exchanges and delays. Court documents obtained by the Miami Herald, as part of the state attorneys investigation, have shown that as part of the ghost candidate scheme Lets Preserve the American Dream paid former state Sen. Frank Artiles $125,000 for research and paid Grow United $1.15 million. Ive been spending time in Williamsport, Ohio, to look at the debate over the solar proposal. Pimentel was CEO of NextEra Energy Resources, the company's unregulated arm focused on renewable power, for eight years before retiring in 2019. Some of thislike turning a news website into a mouthpiece for the utility or surveilling a newspaper columnist in the hopes of catching him doing something embarrassingsounds like the stuff of conspiracy theories. Date. In a Jan. 5 letter, they asked the commission to determine whether the company was using ratepayer money for political purposes. The company was implicated in aghost candidate scheme in Floridathat ousted a climate advocate from state office. Nowhere in its 2021 ESG report does NextEra even mention methane . As the biggest player in the game, investors, politicians, and civilians rely on NextEra to play a major role in encouraging and supporting clean energy legislation. Where the scorpions on the corner just might kill you. FPLs response as well as the statements provided for the docket by the staff involved in the rate case audit, leave many questions and concerns for our constituents and Floridians at large, the legislators wrote. Artiles has long-standing close connections with FPL, as previously reported by Energy and Policy Institute in 2020 and 2021. Despite its position as a renewable energy generator, the company has been shrouded in controversy the most recent of which has to do with Florida Power & Light (FPL), one of the companies operating beneath them. Republican state legislators Sen. Jennifer Bradley and Rep. Lawrence McClure have filed identical legislation in the Senate and House that would end the states current net metering policy, which determines the credit that FPL and other utilities must pay to solar customers for excess solar energy that they generate and sell back to the grid. Before that, he covered politics and business in Iowa and in New Hampshire. NEW YORK (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 . See here for a complete list of exchanges and delays. 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. Through skillful manipulation of the credits, NextEra from 2005 to 2009 'paid just $88 million in taxes on earnings of nearly $7 billion,' Business Week reports. That political power has helped FPL to secure a return on equity of 10.6% in the latest rate increases that it secured from regulators much higher than the national average for utilities. He was previously chief financial officer of NextEra Energy, a partner at Deloitte & Touche and an accounting fellow at the U.S. Securities and Exchange Commission. Since 2020, Florida-based news organizations have reported about FP&L's role in questionable political and campaign finance-related activity. Canopy was started by former Matrix employees, led by Jeff Pitts. Simply put, the PSC is charged with ensuring that the rates charged to customers by a utility are fair, just and reasonable, and that those rates are set at levels sufficient to recover only the prudently incurred costs to provide service, Baez wrote. Watchdog exposing the attacks on renewable energy and countering misinformation by fossil fuel interests, Artiles close relationship with NextEra Energy and Florida Power & Light included NASCAR perks, campaign contributions. The messy business of being 'green'. Canopy quickly filed its own lawsuit against Matrix. On Wednesday, FPL spokesperson Chris McGrath denied that FPL was involved in the ghost candidate scheme. In response to the stories, FPL has repeatedly denied any wrongdoing. The club is suing, What makes Knaus Berry Farm such a landmark? The 145-mile (233-kilometer), nearly US$1 billion transmission line, known as New England Clean Energy Connect, broke ground in February after nearly three . To the larger question of NextEras public image, Pomerantz answers with a question: What happens when the companys reputation as an unethical actor extends to their clean energy efforts? he asked. Earlier this month, the reporting by the Orlando Sentinel, Florida Times-Union, and the Miami Herald prompted four Democratic lawmakers to ask state regulators to conduct an audit of FPL, the largest utility company in the nation and a monopoly regulated by the Florida Public Service Commission. Consumers for Energy Fairness own expenditures have gone to Republican candidates and Republican-affiliated PACs that have also received funding from the states utilities, like Jobs for Florida and Floridians for Economic Freedom. Even if you put somebody who is a perfectly fine individual with a financial background and doesnt have this aggressive history it doesnt necessarily make up for the fact of all that did happen in very recent history, Schafer said. The Florida Legislative Session begins January 11, 2022. An internal NextEra investigation found no wrongdoing, executives on the company's latest earnings call said, adding that Silagy's departure was unrelated to any controversies. About NextEra Energy NextEra Energy, Inc. (NYSE: NEE) is a leading clean energy company headquartered in Juno Beach, Florida. "I don't think you're going to see any headlines like that (with Pimentel).". I believe that NextEra is a respectable developer, said Jeremy Welch, testifying at the hearing on behalf of a union that supports the project. Court documents obtained by the Miami Herald, as part of the state attorneys investigation, have shown that as part of the ghost candidate scheme Lets Preserve the American Dream paid former state Sen. Frank Artiles $125,000 for research and paid Grow United $1.15 million. Artiles is facing several felony charges for allegedly recruiting and paying an auto-parts dealer who shared the same surname as the Democratic incumbent in the race for Senate District 37 to run as a no-party candidate and confuse voters and influence the outcome of the 2020 election, according to his arrest affidavit. John W. Ketchum Chairman, President and Chief Executive Officer NextEra Energy, Inc. Chairman Florida Power & Light Company READ MORE Armando Pimentel President and Chief Executive Officer Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. as reported by Miami Herald last December. They asked if the PSCs review was enough. Mary Ellen Klas: meklas@miamiherald.com and @MaryEllenKlas. (Heres the hearing transcript.). 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. Republican Ileana Garcia won the election by 32 votes. Artiles has pleaded not guilty to the charges. The flight took place just prior to Artiles push on legislation that would have allowed NextEra to charge its Florida customers for out-of-state exploratory fracking. 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. 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. When asked if their companys money was used either for the third party candidates campaign or in payment to Artiles directly, Neil Nissan, a spokesperson for Duke Energy, stated that it was not. [] Click here to view original web page at http://www.energyandpolicy.org [], [] Its not clear yet whether law enforcement officials are investigating FPL or its executives for their involvement in the ghost candidate scheme, though the scandal has already resulted in criminal charges for some of its parties. ICN provides award-winning climate coverage free of charge and advertising. At NextEra Energy, we're committed to our core values of being committed to excellence, doing the right thing and treating people with respect. as reported by the Energy and Policy Institute. 11/30/2021. Armando Pimentel, who held executive roles in finance at NextEra for more than a decade before retiring in 2019, is coming back in what investors hope will mark the end of FP&Ls era of political and campaign-finance scandals. Description. In California, Wait Lists for EV Rebates Are Long and Some Programs Have Shut Down: California needs to ramp up sales of electric vehicles to take on climate change and reduce air pollution, but consumers are having trouble navigating the states incentives and rebates, as Nadia Lopez reports for CalMatters. 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. In 2018, state Sen. Keith Perry won re-election against Democrat Kayser Enneking by about 2,000 votes, due in large part to a third-party former Democrat candidate likely pulling votes away from Enneking. There are two civil lawsuits in the mix as well. 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 also saw how opponents of renewable energy development rarely miss an opportunity to sow distrust in the developer, with talk of how wind or solar would be an eyesore and potentially harm property values. Goston claimed he did not know or care where the money supporting his candidacy came from, according to the Gainesville Sun. All quotes delayed a minimum of 15 minutes. A former NextEra colleague of Pimentel's, who spoke on the condition of anonymity, said Pimentel was a "straightforward, fact-based and driven" coworker with a calm temperament. 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