NextEra Energy Partners to Buy Texas Pipeline Company
Renewable energy company NextEra Energy Partners said it would buy NET Midstream, a privately held company that develops natural gas pipeline assets, for $2.1 billion.
The deal will give NextEra seven natural gas pipelines in Texas.
NextEra Energy Inc, which formed NextEra Energy Partners to buy and manage clean-energy projects, reported a better-than-expected profit on Monday.
(Reporting by Tanvi Mehta in Bengaluru)
