NextEra Energy to Acquire Caliber Resource Partners for $1.3B

For a company widely associated with renewables and regulated utilities, NYSE:NEE stepping further into oil and gas marks a clear broadening of its energy mix. The move comes shortly after NextEra announced a merger plan with Dominion Energy, adding another large piece to its portfolio. For investors, these actions frame NextEra as an energy group with a wider range of fuel sources, not just wind and solar.

Access to U.S. natural gas assets and a joint venture partner with sector expertise gives NextEra additional tools as the energy transition continues to evolve.

Read more at Yahoo!Finance