NextEra Energy Aims to Build a National Water Utility Business
Last week, Florida-based electric utility and renewable energy giant NextEra Energy (NYSE: NEE) announced that it had entered into an agreement to purchase the wastewater system of a suburban Philadelphia town.
Yep, that's right, NextEra -- which owns the country's largest regulated electric utility, Florida Power and Light -- is now a player in the U.S. regulated water and wastewater utility industry.
Here's what investors should know.
Source Fool.com