He grew up in Warren County, Iowa, just south of Des Moines, and lives in Columbus, Ohio. racial slurs directed at black members of the Florida Legislature. Jim Robo, the current chairman and CEO, will become executive chairman for a transition period, and it is anticipated that Mr. Ketchum will also be appointed to the company's board of directors effective . Artiles checkered past culminated with his resignation from office in 2017 after facing pressure over multiple scandals, including alcohol-fueled racial slurs directed at black members of the Florida Legislature. A team of ICN reporters led by Marianne Lavelle examined the bill and spoke with outside experts to get an idea of its implications. Artiles is facing several felony charges for allegedly recruiting and paying an auto-parts dealer who shared the same surname as the Democratic incumbent in the race for Senate District 37 to run as a no-party candidate and confuse voters and influence the outcome of the 2020 election, according to his arrest affidavit. At the end of the earnings call, Robo announced he will be retiring from his position on March 1 and John Ketchum, currently president and CEO of NextEra Energy Resources, will succeed him. I reported this story with Tracy Wholf, coordinating climate producer for ABC News, and we also worked together on a special episode of ABCs podcast Start Here that delves into the nuanced concerns on both sides of the conflict. The second group, Mothers for Moderation, a DC-based 501(c)(4) dark-money group with over $15 million in revenue, states that its mission is to advocate for policies that benefit women, according to its 2018 IRS filings. Inside Clean Energy is ICNs weekly bulletin of news and analysis about the energy transition. The history of scandals by FPL and parent company NextEra ushers in a wave of concern about what the future of clean energy and future sustainability programs could look like. NEW YORK(Reuters) The new head of Florida Power & Light (FP&L) has at least one important objective above and beyond running U.S. power giant NextEras crown jewel utility, analysts say: stay out of the headlines. John Ketchum, a 19-year veteran of NextEra Energy, is named president and chief executive officer (CEO), NextEra Energy.He will report directly to the NextEra Energy, Inc. Board of Directors. The club is suing, What makes Knaus Berry Farm such a landmark? Since 2020, Florida-based news organizations have reported about FP&Ls role in questionable political and campaign finance-related activity. While it is not illegal to conspire to place a third-party candidate into an election, paying for that placement and failing to properly report the money involved is. NextEra Energy ( NEE -1.10%) reported its first-quarter 2022 earnings yesterday, and its stock has been tumbling ever since. Date. NextEra Energy Resources, LLC is a clean energy leader and is one of the largest wholesale generators of electric power in the U.S., with approximately 23,900 megawatts of total net generating . A former NextEra colleague of Pimentels, who spoke on the condition of anonymity, said Pimentel was a straightforward, fact-based and driven coworker with a calm temperament. Though the Florida Power & Light scandal is one of the more recent topics bringing NextEra to the forefront of public attention, the company is certainly no stranger to controversy. An internal NextEra investigation found no wrongdoing, executives on the companys latest earnings call said, adding that Silagys departure was unrelated to any controversies. Im interested in what happened with FPL, but Im also looking at whether this cascade of revelations could harm the utilitys parent company, NextEra Energy, which happens to be the largest generator of renewable energy in the United States, and maybe the world. The Miami Herald has confirmed that NextEra has been conducting an internal investigationon FPLs involvement in the ghost candidate scheme. SAC 1-2. There is no word on whether the internal investigationaddressed efforts associated with Operation Ginger., Copyright 2021 US TIMES NOW Cream Magazine by Themebeez, NextEra Energy (NE) is currently under investigation by the Florida Department of Law, SSD enabled fast speed data processing in Europe based VPS Server Hosting from TheServerHost, Ace DJ Artist talent DJ Nitin(NG) aka Nitin Gaikwad is Gaining Global Popularity As An Wedding DJ, Spotify is introducing a new and improved plus button in place of its heart icon, Palantir will eliminate 75 jobs or about 2% of the employees, Dr. Malda Aldaoudi consider Lifted Eyebrows and Fox Eye Lift as the latest trends. Can the PSC provide a complete list of 501(c)4 social welfare organizations that FPL has provided funding to over the past five years? Watch the Florida Legislature live: The Florida Channel, a public affairs programming service funded by the Legislature, livestreams coverage at thefloridachannel.org. NextEra, also based in Florida, has become a giant by racking up profits from its regulated utility business at FPL and using that as a foundation to build wind, solar and battery projects across. Matrix LLC has since sued several former employees, including its ex-CEO Jeff Pitts, accusing them of conspiring with FPL's parent company NextEra Energy Inc. to work on secret projects . NextEra Energy is the largest generator of renewable energy in the United States and possibly the world. Id. The company was implicated in aghost candidate scheme in Floridathat ousted a climate advocate from state office. Mary Ellen Klas is the state Capitol bureau chief for the Miami Herald, where she covers government and politics and focuses on investigative and accountability reporting. At NextEras fourth-quarter earnings call with financial analysts, Julien Patrick Dumoulin-Smith of Bank of America Securities asked Robo if he could share around some of the headlines pertaining to FPL here? Sources report that the current NextEra investigation may be part of a wider probe into ethicalcomplaints against Simpson, the Senate President, including allegations that campaign moneywas spent to cover the fact that he fathered a child out of wedlock with a lobbyist for the Publixsupermarket chain. You want to measure economic success? Data Targeting is one of the top political consulting firms for the Florida Republican Party. "We have welcomed Armando Pimentel back to our company and have confidence that he will use his deep industry and company experience to further strengthen the FPL organization, NextEra Energy spokesperson David Reuter said. Numerous studies have shown that rooftop solar provides a net-benefit to other, non-solar customers. Canopy quickly filed its own lawsuit against Matrix. Robo responded: Sure, Julian, I think you know, on some of the Florida political headlines I think what Id like to say on that is pretty simple., He said that when the company received the report and and those allegations that have been in the press, we conducted a very extensive and thorough investigation that included looking at company financial records and include looking at everyone who was named and its company emails. He said those involved all provided access to their personal emails and texts to us as part of that investigation., He concluded: The bottom line is we found no evidence of any issues at all, any illegality, or any wrongdoing on the part of FPL or any of its employees., Robo added that he felt very good about the investigation that we did, and I feel very good that there is, you know, no basis to any of these allegations. Shares of NextEra sank late last month by nearly 9%, their biggest daily drop in more than two years, after the company abruptly announced Silagy would retire under the threat of a formal investigation by the Federal Election Commission into the companys political giving. So What Is Community Solar? NextEra Energy (NE) is currently under investigation by the Florida Department of Law Derek Robins June 26, 2022 Business Enforcement for funneling money through a partisan political committee to a "ghost candidate" scheme that has already resulted in felony charges against five political operatives. Rodrguez lost his Senate seat the following year, resulting in Republicans gaining control of the Florida Senate. The Miami Herald and others reported claims that company executives worked with a consultant to derail certain state senate candidates and surveil a journalist who wrote critically about the regulated utility. Rodriguez has pleaded guilty and agreed to cooperate with prosecutors. 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Florida members of Congress have formally requested Attorney General Merrick Garland open an expansive corruption investigation to look into the source of potentially illegal funds used by Artiles. History of Power: Duke Energy's Century-Old Legacy. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. The messy business of being 'green'. This story was originally published January 27, 2022, 6:00 AM. Alabama political firm and former NextEra consultant Matrix LLC, led by Joe Perkins, sued Canopy LLC, another firm allegedly working with NextEra. Dan Gearinos habit-forming weekly take on how to understand the energy transformation reshaping our world. A little over a month ago, NextEra Energy and its yieldco affiliate NextEra Energy Partners NEP +2.4% (NEP) raised financial guidance for calendar years . In November 2021, for example, the company spent $20 million to ban the 145-mile transmission line needed to transport clean energy in Maine. The nonprofit committees were set up by political consultants working for FPL, who had consulted with Silagy, according to reporting by the Orlando Sentinel, the Miami Herald and the Florida Times-Union. The company, which has its main office in Spain, is hinting at job cuts, as Isla Binnie reports for Reuters. According to reporting from the Orlando Sentinel, a broad criminal investigation is underway in Miami, with felony charges against former Senator Frank Artiles, and the spoiler candidate in District 37 has pled guilty. as reported by Miami Herald last December. We rely on donations from readers like you to keep going. 11/30/2021. NextEra Energy CEO James Robo responded to a question from a Bank of America Securities analyst and said the company had FPL CEO Eric Silagy turn over emails and text messages and concluded. Federal agents arrested Ohio Speaker of the House Larry Householder, along with several lobbyists, on July 21 on charges that the group used $60 million of funds provided by the monopoly utility FirstEnergy Corp. in exchange for passing a law that bailed out that company's nuclear and coal plants. Goston claimed he did not know or care where the money supporting his candidacy came from, according to the Gainesville Sun. The 145-mile (233-kilometer), nearly US$1 billion transmission line, known as New England Clean Energy Connect, broke ground in February after nearly three . If you are somebody who maybe is on the fence about whether a wind farm should come to your community, and you see all this about what NextEra has doneand its true, (the company) really has behaved terriblythen, does that make you more or less trustworthy of them?. NEW YORK (Reuters) - The new head of Florida Power & Light (FP&L) has at least one important objective above and beyond running U.S. power giant NextEra's crown jewel utility, analysts say: stay . I dont expect much of a change, leaving aside all of the stuff going on with the outgoing CEO, Patterson said. To the larger question of NextEras public image, Pomerantz answers with a question: What happens when the companys reputation as an unethical actor extends to their clean energy efforts? he asked. Additionally, the bill limits any grandfathering into the current policy to ten years, while many systems in Florida are financed beyond that timeframe, which means that customers who bought solar panels under the current net metering policy would see the value of their investments sharply decrease. Pimentel replaces outgoing FP&L CEO Eric Silagy, who joined NextEra roughly two decades ago, worked as a top lobbyist for the company and has been at the center of some of its publicity problems. Herald/Times Tallahassee Bureau. The second Defendant, Cottonwood Wind . NextEra's renewable arm, NextEra Energy Resources, had about 5,000 employees by the end of 2019, not counting construction jobs for new projectsinformation the company doesn't disclose . Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. He was previously chief financial officer of NextEra Energy, a partner at Deloitte & Touche and an accounting fellow at the U.S. Securities and Exchange Commission. Republican Ileana Garcia won the election by 32 votes. (Heres the hearing transcript.). The retirement and subsequent. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. According to sources, NextEra subsidiary Florida Power & Light (FPL) funneled millions of dollarto run so-called ghost candidates in Florida state Senate campaigns. Community Solar Is About to Get a Surge in Federal Funding. Click to email a link to a friend (Opens in new window), Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on Reddit (Opens in new window), Utility Front Group Advertisement Tracker, American Coalition for Clean Coal Electricity, Gas utilities push RNG and hydrogen to expand fossil fuel infrastructure, AGA uses millions of dollars from utility customers to promote a fossil fuel agenda, Internal documents detail how gas utilities greenwash RNG and hydrogen, Front groups and trade associations funded by gas utilities fight electrification policies, List of deceptive RNG and hydrogen projects, Major investors find electric utilities are not on track to meet decarbonization goals. 11/22/2021. Both South Florida mailers for Alex Rodriguez and Celso Alfonso and Central Florida mailers for Jestine Iannotti featured identical text, focused on fixing health care, fighting climate change, and speaking truth to power. I know theres been a lot of back and forth and perhaps theres a lot of context to provide there. Dumoulin-Smith is director of U.S. Power, Utilities and Alternative Energy Equity Research for Bank of American Securities. Other stories about the energy transition to take note of this week: Deep in the Democrats Climate Bill, Analysts See More Wins for Clean Energy Than Gifts for Fossil Fuel Business: U.S. Senate leaders have included plenty of favors for the fossil fuel industry in the big climate package they hope to advance this week, but most analysts have concluded these concessions amount to consolation prizes in a deal where clean energy is the clear winner. Clarification: This story was updated on January 27, 2022, to reflect that the Jacksonville job was arranged by consultants for FPL, not directly by the company. "I don't think you're going to see any headlines like that (with Pimentel).". FPL CEO Eric Silagy appears to have personally directed money to the web of dark money groups, with records showing correspondence from Silagy to the consultants directly. The Senate District 37 scandal was one of three races in Florida in the 2020 cycle that followed a nearly identical pattern: A close race, an unknown third party candidate to siphon some of the votes, and campaign mailers attacking the Democratic candidate, all paid for by new, out-of-state political committees. Every day or once a week, our original stories and digest of the webs top headlines deliver the full story, for free. Banter reportedly followed Simpsons orders, using the FPL-originated funds to pay FrankArtiles, a lobbyist who was indicted in the scheme last year. Get a daily email of our original, groundbreaking stories written by our national network of award-winning reporters. The company was implicated in aghost candidate scheme in Floridathat ousted a climate advocate from state office. Florida utilities donated nearly $1.5 million to FRSCC in the 2020 cycle. They cited utilities expert Karl Rabagos testimony in the rate case, in which he noted that FPL spent millions of dollars in dues paid to certain politically active trade associations and cited the commissions own documents in the rate case. I believe that NextEra is a respectable developer, said Jeremy Welch, testifying at the hearing on behalf of a union that supports the project. At NextEras fourth-quarter earnings call with financial analysts, Julien Patrick Dumoulin-Smith of Bank of America Securities asked Robo if he could share around some of the headlines pertaining to FPL here? Unlike other companies that actively work toward creating clean energy, NextEra stumbled into the renewable energy industry somewhat unintentionally. Questions about recent news stories came up during NextEras fourth-quarter earnings call with financial analysts. In a Jan. 5 letter, they asked the commission to determine whether the company was using ratepayer money for political purposes. For example, Richard Alexander, who lives in Cullman, Ala., and not only chairs Grow United, he also has been tied to groups that were created to promote the agenda of Floridas powerful sugar and electric utilities industries, according to the Orlando Sentinel. The documents also showed that Silagy coordinated with the political consultants to steer campaign contributions made through nonprofits in past elections. Republican Ileana Garcia won the election by 32 votes. A digest of the most pressing climate-related news, released every Tuesday and Friday. Date. Clarification: This story was updated on Jan. 27, 2022, to reflect that the Jacksonville job was arranged by consultants for FPL, not directly by the company. Our #1 newsletter delivers the weeks climate and energy news our original stories and top headlines from around the web. The company was trading well above its peers before news that Silagy would leave his post this month and depart the company in mid-May. Learn More 2022 ESG Report TOP 20 in the world for innovation, according to Fortune The consultant behind Gostons campaign was Patrick Jay Bainter, the owner of a Republican political consulting firm, Data Targeting. In a Jan. 5 letter, they asked the commission to determine whether the company was using ratepayer money for political purposes. Licensed under a Creative Commons Attribution 3.0 License by Energy and Policy Institute. They probably chose him to be a steady the ship-type figure, said Jack Dearing, an analyst withWashington-based Capstone LLC, which advises investors and companies on policy issues. While FPL maintains they didnt know the full extent of what the firm was doing, piles of leaked emails and texts say otherwise. Bainter was also heavily involved in Perrys campaign and was suspected by some observers to have orchestrated the funding behind Gostons third-party candidacy, which may have included funds connected to a utility front group. 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Consumers for Energy Fairness own expenditures have gone to Republican candidates and Republican-affiliated PACs that have also received funding from the states utilities, like Jobs for Florida and Floridians for Economic Freedom. So, thats probably all that were going to say on that today.. Public Lands in the US Have Long Been Disposed to Fossil Fuel Companies. FPL this year announced a plan it calls Real Zero to completely eliminate carbon emissions from its operations by 2045. It was also announced that Silagy, the president and CEO of FPL, will take on the added responsibility of chairman of FPL. Please support our work with a digital subscription. Bradley has taken $52,500 from Florida investor-owned utilities, between her campaign account and her political committee. The scandal brings light to the measures electric companies will go to in order to protect their profits even those that claim to be in favor of pursuing renewable energy. Crews said last month in a call with analysts that he is confident in the companys long-term plan to continue increasing development of wind, solar and batteries. Perry has received $13,500 in direct political donations from Florida utilities, including $1,000 from NextEra, $2,500 from NextEra company Gulf Power, $4,500 from Duke, and $5,500 from TECO, according to campaign finance filings. NEW YORK, Feb 28(Reuters) - The new head of Florida Power & Light (FP&L) has at least one important objective above and beyond running U.S. power giant NextEra's crown jewel utility, analysts say: stay out of the headlines. The Florida Public Service Commission reaffirmed the states current net metering rule in 2019 after the utilities last effort to weaken it, calling it an effective way to promote solar in the net-metering workshop held at the request of McClure. Contacted for a response, a NextEra spokesman did not address the issues at FPL or the potential for blowback for the parent company, but he did point to recent comments from Kirk Crews, NextEras chief financial officer. In 2017, Perry voted in support of NextEras exploratory fracking legislation while serving on the Communications, Energy and Public Utilities Committee chaired by Artiles. Last month, I attended a public hearing for a NextEra solar proposal in central Ohio, and I saw how several backers of the project talked about the companys involvement as a good thing. Artiles has long-standing close connections with FPL, as previously reported by Energy and Policy Institute in 2020 and 2021. NextEra Energy owns Florida Power & Light Company, which is America's largest electric utility that sells more power than any other utility, providing clean, affordable, reliable electricity to approximately 5.8 million customer accounts, or more than 12 million . The documents also showed that Silagy coordinated with the political consultants to steer campaign contributions made through nonprofits in past elections. The bill also creates a framework to add substantial fees to solar customers, charging them for an alleged cost-shift to non-solar customers. In 2018, state Sen. Keith Perry won re-election against Democrat Kayser Enneking by about 2,000 votes, due in large part to a third-party former Democrat candidate likely pulling votes away from Enneking. It was also announced that Silagy, the president and CEO of FPL, will take on the added responsibility of chairman of FPL. The races for Senate District 9 and 39 followed the same pattern. Armando Pimentel, who held executive roles in finance at NextEra for more than a decade before retiring in 2019, is coming . Another political committee that supported Goston, the third-party spoiler candidate in 2018, has financial connections to a group that appears to have utility connections. Despite its position as a renewable energy generator, the company has been shrouded in controversy the most recent of which has to do with Florida Power & Light (FPL), one of the companies operating beneath them. Description. Pomerantz said the goal of moving to zero emissions is a very good one, but he questions the feasibility of using hydrogen as a major part of generating electricity. as reported by the Energy and Policy Institute. Bainter and Data Targeting have been the focus of suspected misdeeds over the years. Watchdog exposing the attacks on renewable energy and countering misinformation by fossil fuel interests, Artiles close relationship with NextEra Energy and Florida Power & Light included NASCAR perks, campaign contributions. The company was trading well above its peers before news that Silagy would leave his post this month and depart the company in mid-May. The mailers featured similar language that appeared to target progressive voters, pulling from the Democratic candidate, as reported by the Miami Herald and Orlando Sentinel. But it will be take more than a change of guard for the utility to shake off the scandals that took place under Silagy, said Schafer. The raid and arrest came months after Artiles took credit for placing the previously unknown third party candidate, Alex Rodriguez, in the race for Senate District 37, according to a source who asked to remain anonymous out of fear of retaliation, as reported by Miami Herald last December. Court documents obtained by the Miami Herald, as part of the state attorneys investigation, have shown that as part of the ghost candidate scheme Lets Preserve the American Dream paid former state Sen. Frank Artiles $125,000 for research and paid Grow United $1.15 million. In all races, the Republican won the []. 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