Texas Storm Cost NextEra $180 Million in Uncollected Revenue
Josh Saul and Mark Chediak, Bloomberg News Wind turbines at the San Gorgonio Pass wind farm, owned by NextEra Energy Inc., in Whitewater, California, U.S., on Wednesday, Feb. 17, 2021. Riverside County set up a three-day mobile vaccination clinic at Sea View Packing, where Medjool dates and other fruits are packed, as part of an effort to innoculate local agricultural workers. Photographer: Bing Guan/Bloomberg , Bloomberg
(Bloomberg) NextEra Energy Inc., the worldâs biggest investor-owned generator of wind and solar power, said it wasnât able to collect $180 million in revenue following the Texas energy crisis that left the stateâs power market and many of its power providers in financial distress.