NextEra to Buy Caliber for 1.3 Billion Dollars and Form JV
NextEra Energy will buy Caliber for 1.3 billion dollars to boost gas supplies. It is also forming a joint venture with Quantum to manage U.S. shale assets.
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NextEra Energy Inc agreed to buy U.S. oil and gas firm Caliber Resource Partners for $1.3 billion. The acquisition follows a $67 billion merger with Dominion Energy Inc to create a global utility leader. Securing upstream natural gas supplies addresses surging power demand from data center expansion.
