Search / 8 results found

from
to
top story
  • Updated

At first glance, Florida-based NextEra’s mammoth offer for Santee Cooper includes a whopping $1.1 billion in cash “for the benefit of the state.” But upon closer inspection, the deal shows that money could be swallowed up by long-term liabilities NextEra plans to leave with the state as it privatizes the 86-year-old electric and water utility.