NextEra Energy completed the acquisition of Gulf Power Company from Southern Company for $5.7bn.

NextEra Energy, a Fortune 200 energy company, completed the acquisition of Gulf Power Company, a US investor-owned electric utility, from Southern Company, an American gas and electric utility holding company, for $5.7bn. NextEra Energy expects to employ its long-term strategy of advancing affordable, reliable and clean energy and making smart infrastructure investments at Gulf Power and Florida City Gas. By deploying its industry-leading skills, knowledge and capabilities, NextEra Energy expects to extend over time its best-in-class value proposition of low bills, clean energy, high reliability and outstanding customer service to the approximately 600k total customers of Gulf Power and Florida City Gas.