NextEra Energy Transmission MidAtlantic transmission proposal selected by PJM
Get Alerts NEE Hot Sheet
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.9%
Revenue Growth %: +11.5%
Join SI Premium – FREE
"We are pleased that our proposal was selected by PJM as it will bring increased reliability and resiliency to the electric grid given the critical energy needs of the region," said
The MidAtlantic Resiliency Link emerged from the PJM planning process. By building a new approximately 130-mile 500-kV transmission line and a new 500/138-kV substation, the MidAtlantic Resiliency Link will improve local and regional transmission constraints and support the growth of renewable energy resources while providing additional capacity to meet future system needs.
NextEra Energy Transmission MidAtlantic will finance, develop, own, construct, operate and maintain the MidAtlantic Resiliency Link.
NextEra Energy Transmission
NextEra Energy Transmission, a subsidiary of NextEra Energy, Inc. (NYSE: NEE), owns, develops, finances, constructs, operates and maintains transmission assets across the continent, including existing transmission assets in PJM. NextEra Energy Transmission operates through its regional subsidiaries to integrate renewable energy and strengthen the electric grid. The company's subsidiaries were among the first non-incumbents to be awarded projects by system operators and utility commissions in California, New York and Ontario. NextEra Energy Transmission's portfolio includes operating assets in 11 states, eight regional transmission organizations and one Canadian province, with numerous projects under development and construction. To learn more, visit www.NextEraEnergyTransmission.com.
View original content to download multimedia:https://www.prnewswire.com/news-releases/nextera-energy-transmission-midatlantic-transmission-proposal-selected-by-pjm-302011888.html
SOURCE NextEra Energy Transmission, LLC
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Arcadis deepens Autodesk collaboration to accelerate AI and data-led delivery for clients
- Volatility Factor Academy Ltd. Unveils Next-Generation AI-Driven Financial Infrastructure to Democratize Institutional Market Intelligence
- Addex Therapeutics Reports 2026 Half-Year Results and Provides Corporate Update
Create E-mail Alert Related Categories
PRNewswire, Press ReleasesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share