Statement by CEO of NextEra Energy on Nomination of Ron Binz as Federal Energy Regulatory Commission Chairman

Fri Jun 28, 2013 9:30am EDT

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Statement by CEO of NextEra Energy on Nomination of Ron Binz as Federal Energy Regulatory Commission Chairman

PR Newswire

JUNO BEACH, Fla., June 28, 2013 /PRNewswire/ -- NextEra Energy, Inc., (NYSE: NEE) President and CEO Jim Robo issued the following statement following the announcement that President Obama has nominated Ron Binz as the next chairman of the Federal Energy Regulatory Commission:

"President Obama has made a superb choice in nominating Ron Binz as the next chairman of the Federal Energy Regulatory Commission. Ron is a proven leader who recognizes the need for diversity in the U.S. electricity supply and understands our country needs smart policies to modernize the grid to match up with today's changing energy mix. Ron has served effectively as chairman of the Colorado Public Utilities Commission and as an active member of the National Association of Regulatory Utility Commissioners. His record of achievement would serve the country well in leading the FERC."

"Ron would assume leadership at FERC during a period of enormous change for America's electric utilities. Our companies are addressing such challenges as grid adequacy, cybersecurity and extreme weather events. Strong leadership at FERC will help our industry meet these challenges. Our company looks forward to working with Ron should the United States Senate confirm his nomination."

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NextEra Energy, Inc.
NextEra Energy, Inc. (NYSE: NEE) is a leading clean energy company with consolidated revenues of approximately $14.3 billion, more than 42,000 megawatts of generating capacity, and nearly 15,000 employees in 26 states and Canada as of year-end 2012. Headquartered in Juno Beach, Fla., NextEra Energy's principal subsidiaries are Florida Power & Light Company, which serves approximately 4.6 million customer accounts in Florida and is one of the largest rate-regulated electric utilities in the United States, and NextEra Energy Resources, LLC, which together with its affiliated entities is the largest generator in North America of renewable energy from the wind and sun. Through its subsidiaries, NextEra Energy generates clean, emissions-free electricity from eight commercial nuclear power units in Florida, New Hampshire, Iowa and Wisconsin. For more information about NextEra Energy companies, visit these websites: www.NextEraEnergy.com, www.FPL.com, www.NextEraEnergyResources.com.

SOURCE NextEra Energy, Inc.

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