NextEra Looks at Permian to Double its $20 Billion Texas Investment ...Middle East

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NextEra Looks at Permian to Double its $20 Billion Texas Investment
Renewable energy developer, NextEra Energy (NYSE:NEE) is considering doubling its $20B investment in Texas, with the renewable energy company currently exploring land in the Permian Basin for development, Michele Wheeler, VP of regulatory and political affairs, revealed at the CERAWeek energy conference in Houston. Projections for the Lone Star state--the biggest power producing state-- see a doubling of electricity demand by 2030. "Everything is happening in Texas," Wheeler said. "It really is easier here in Texas." Earlier this week, NextEra…

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