Bloomberg News

NextEra Requests Bids to Build Third Gas Pipeline Into Florida

December 19, 2012

NextEra Energy Inc. (NEE:US)’s utility Florida Power & Light Co. said it’s requesting bids to build a third natural gas pipeline into Florida to meet growing demand from power generators.

The approximately 700-mile (1,125-kilometer) pipeline would deliver gas from western Alabama to a new hub in Central Florida that would connect to FPL’s gas system in Martin County, the Juno Beach, Florida-based company said today in a statement. The line would deliver about 400 million cubic feet of gas a day starting in 2017, and would increase after that, the company said.

Bids for the project, which will consist of two segments, are due by April 3, 2013, Richard Gibbs, a spokesman for FPL, said today in a telephone interview. The “multibillion dollar” pipeline will need federal, state and local approvals, Gibbs said.

Florida uses more natural gas to produce electricity than any U.S. state other than Texas and 60 percent of the state’s power is generated by gas plants, the company said.

To contact the reporter on this story: Mark Chediak in San Francisco at mchediak@bloomberg.net

To contact the editor responsible for this story: Susan Warren at susanwarren@bloomberg.net


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Companies Mentioned

  • NEE
    (NextEra Energy Inc)
    • $103.06 USD
    • -0.65
    • -0.63%
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