Florida Supreme Court ruling against FPL on the matter. In one case, one of those three committees got $115,000 from an Associated Industries-controlled group and immediately paid $104,909 to Alvarado Strategies, the Sentinel reported. [] utility Florida Power & Light backed the legislation, and, according to an investigation by the Energy and Policy Institute, a watchdog group, donated tens of thousands of dollars in [], [] more brazen attempt to interfere in state politics, FPL executives including Silagy were closely connected to a state election scandal that involved recruiting and funding sham candidates to siphon votes away from incumbent Democrats [], [] Herald. China: A World Powerhouse . The bill also creates a framework to add substantial fees to solar customers, charging them for an alleged cost-shift to non-solar customers. The company was implicated in aghost candidate scheme in Floridathat ousted a climate advocate from state office. Each wind energy facility includes a collection of wind turbines that, put simply, rapidly rotate to create energy. A lot is riding on NextEra in the race to clean energy. 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. Republican Ileana Garcia won the election by 32 votes. Your source for the latest news and stories from NextEra Energy and its subsidiaries. 2. The energy company that runs the Florida Power & Light utility, as. Artiles has pleaded not guilty to the charges. The documents also showed that Silagy coordinated with the political consultants to steer campaign contributions made through nonprofits in past elections. Director, Pres & CEO of Sub of Nextera Energy Inc (30-Year Financial, Insider Trades) Eric E Silagy (insider trades) sold 14,131 shares of NEE on 04/07/2021 at an average price of $78 a share. 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 . (Heres the hearing transcript.). Gostons campaign was largely funded by Republicans with ties to Perry, as reported by the Gainesville Sun. A digest of the most pressing climate-related news, released every Tuesday and Friday. That political power has helped FPL to secure a return on equity of 10.6% in the latest rate increases that it secured from regulators much higher than the national average for utilities. Where the scorpions on the corner just might kill you. Mary Ellen Klas: [email protected] and @MaryEllenKlas. 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. The Florida Legislative Session begins January 11, 2022. 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. 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 . Watchdog exposing the attacks on renewable energy and countering misinformation by fossil fuel interests. Artiles accepted over $30,000 in political contributions from Florida utilities throughout his time in office, including $6,000 from NextEra, $4,500 from TECO, and $4,000 from Duke Energy in direct contributions. The reports show that Florida Power & Light hired a political consulting firm that engaged in dirty tricks to harm or otherwise neutralize the companys perceived opponents, including elected officials and journalists. On Wednesday, FPL spokesperson Chris McGrath denied that FPL was involved in the ghost candidate scheme. 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. I dont think youre going to see any headlines like that (with Pimentel). Pimentel was CEO of NextEra Energy Resources, the companys unregulated arm focused on renewable power, for eight years before retiring in 2019. 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 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. In Florida, DeSantis May End the Battle Over Rooftop Solar With a Pen Stroke - Corruption by Cops, In Florida, DeSantis May End the Battle Over Rooftop Solar With a Pen Stroke - Earth2, Utility executive contributions surge in Minnesota state senate race - Energy and Policy Institute, Amid Connections to Ongoing Election Scandals, NextEra Pours Millions into Floridas 2022 Election Cycle - Energy and Policy Institute, Southwest Gas aims to make customers pay for its American Gas Association membership dues. He said that federal rules prohibit the PSC from including political expenses in the rate base and the company did not include these expenses as part of their supporting documentation and concluded that rates are not based upon costs for such prohibited purposes., Baez also defended the PSCs use of sampling as a means of auditing FPLs expenses saying it is common in all disciplines that use large amounts of data.. "I don't think you're going to see any headlines like that (with Pimentel).". 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. 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 arrest warrant for Artiles suggests that money may have illegally exchanged hands, at least in the case of SD37. He grew up in Warren County, Iowa, just south of Des Moines, and lives in Columbus, Ohio. Florida Power & Light has a monopoly on power in Florida. See here for a complete list of exchanges and delays. Alabama political firm and former NextEra consultant Matrix LLC, led by Joe Perkins, sued Canopy LLC, another firm allegedly working with NextEra. 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. Possible outcomes from this scandal include increased wariness of NextEra from individuals and politicians, which could put the growth of clean energy at risk. Since then, the legislature replaced the previous leader of that office, J.R. Kelly, with a former utility lobbyist, Richard Gentry. A similar sounding utility front group, Energy Fairness, is a client of McNicholas & Associates. By continuing to use this site, you accept this policy. Operator: Good morning, and welcome to the NextEra Energy and NextEra Energy Partners Fourth Quarter 2022 Earnings Call. All quotes delayed a minimum of 15 minutes. The flight took place just prior to Artiles push on legislation that would have allowed NextEra to charge its Florida customers for out-of-state exploratory fracking. CTRL + SPACE for auto-complete. racial slurs directed at black members of the Florida Legislature. Dan Gearino covers the midwestern United States, part of ICNs National Environment Reporting Network. 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. Bainter and Data Targeting have been the focus of suspected misdeeds over the years. 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. Dan Gearinos habit-forming weekly take on how to understand the energy transformation reshaping our world. A look at the changing global population. Get a daily email of our original, groundbreaking stories written by our national network of award-winning reporters. Letsgetstarted. In one Orlando Sentinel article, Silagy was accused of working with a political consultant to harass a Democratic state senator who introduced legislation unfavorable to FP&L. Its hard to predict what the scandal will mean for clean energy in the future or if it will have any effect at all. New Bucs offensive coordinator Dave Canales staff nearly set. We know about FPLs actions thanks to reporting by the Orlando Sentinel, Miami Herald and The Florida Times-Union, some of it in partnership with the nonprofit Floodlight. Entergy, which donated $10,000 to the Party and []. 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. Canopy quickly filed its own lawsuit against Matrix. Artiles has long-standing close connections with FPL, as previously reported by Energy and Policy Institute in 2020 and 2021. Since then, theyve become skilled at creating and maintaining wind farms, and today their power reaches far beyond Florida. 11/30/2021. Its not clear yet whether law enforcement officials are investigating FPL or its executives for their involvement in the ghost candidate scheme, though the scandal has already resulted in criminal charges for some of its parties. So, thats probably all that were going to say on that today.. 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? 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. The Miami Herald has confirmed that NextEra has been conducting an internal investigationon FPLs involvement in the ghost candidate scheme. NextEra Energy announces agreement to sell a 50% interest in an approximately 2,520-megawatt portfolio renewables project to a third party, highlighting the value of its best-in-class development program. FPL has said it was not fully aware of what its consultant was doing, and it has cast doubt on some of the reporting. This reporting has raised significant questions around the potential of ratepayer funds being used to not only influence elections but to undermine democracy through fake candidate schemes, astroturfing, and attempted bribes wrote state Reps. Anna Eskamani, Carlos Guillermo Smith, Angie Nixon and Travaris McCurdy. 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. The no-party candidate, Alexis Alex Rodriguez, who did not campaign, received more than 6,000 votes. 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. That scheme included over half a million dollars spent on political mailers promoting the spoiler candidates. Every day or once a week, our original stories and digest of the webs top headlines deliver the full story, for free. That's a tax rate of just 1.25 percent over that period, when the . 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? Consumers for Energy Fairness does not have a website or any public presence, but it spent over $5,000 with the public affairs firm McNicholas & Associates on beverages and food in 2019. Before that, he covered politics and business in Iowa and in New Hampshire. One part of that is to convert gas-fired power plants to run on hydrogen. NextEra Energy, Inc. (NYSE:NEE) Q4 2022 Earnings Call Transcript. At NextEra Energy, we're committed to our core values of being committed to excellence, doing the right thing and treating people with respect. FPLs consultants used similar spoiler candidate tactics in the 2020 election cycle in three senate races throughout the state. In 2018-19, Mary Ellen was a Nieman Fellow at Harvard University. About NextEra Energy NextEra Energy, Inc. (NYSE: NEE) is a leading clean energy company headquartered in Juno Beach, Florida. His coverage deals with the business side of the clean-energy transition and he writes ICNs Inside Clean Energy newsletter. NextEra was a traditional utility company when it was started in 1925. His political committee, Veterans for Conservative Principles, received nearly $13,000 from NextEra and $5,000 from Duke. 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According to sources, NextEra subsidiary Florida Power & Light (FPL) funneled millions of dollarto run so-called ghost candidates in Florida state Senate campaigns. 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. NextEra Energy sets industry-leading Real Zero goal to eliminate carbon emissions from its operations, leverage low-cost renewables to drive energy affordability for customers. Simpson, through the FRSCC, then paid $7.2 million of this money to longtime ally Pat Bainterand Gainesville, Florida-based Republican campaign firm Data Targeting, reportedly directingthem to use the funds to support three independent candidates who would run as purportedliberals to siphon votes away from the legitimate Democrat Party candidate. The documents also showed that Silagy coordinated with the political consultants to steer campaign contributions made through nonprofits in past elections. But nobody brought up FPLs alleged skulduggery during the hearing. Since 2020, Florida-based news organizations have reported about FP&Ls role in questionable political and campaign finance-related activity. He helped build NextEra Energy Resources and seemed to choose his retirement as opposed to being forced out, the former colleague said. 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 company's political giving. But the company is limited in what it can do to defend itself because of reams of evidence, in leaked emails and texts, showing that company executives were aware of at least some of what was happening. They cited the 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 PSCs own documents in the rate case. Utilities gave nearly $2 million to five committees either linked to or controlled by AIF in the 2020 election cycle, over 20% of their total giving for the reporting period. Research and documents obtained and published by Orlando Sentinel reporters reveal that senior officials at Florida Power & Light (FPL), the largest electric utility in Florida, provided funding to the organization and consultants who engineered the spoiler candidates. In November 2021, for example, the company spent $20 million to ban the 145-mile transmission line needed to transport clean energy in Maine. Artiles has pleaded not guilty to the charges. Send news tips and questions to [email protected]. 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. I dont have very many neighbors talk to me anymore, said Mark Schein, a retired farmer who upset people by leasing his property for the project, along with about a dozen others in the community. There are two civil lawsuits in the mix as well. 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. Banter reportedly followed Simpsons orders, using the FPL-originated funds to pay FrankArtiles, a lobbyist who was indicted in the scheme last year. 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. Though this bill had massive potential to make clean energy more accessible for everyday people, FPL realized their profits would be cut if it were passed. On Tuesday, it became clear that Wall Street had noticed the stories. Its frustrating to see the Public Service Commission express no interest or concern in Floridas largest investor-owned utility company engaging in questionable smear campaigns and potentially illegal election activity while they increase rates, she said Wednesday. 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. Jane Marsh is an environmental and sustainability writer. The club is suing, What makes Knaus Berry Farm such a landmark? I believe that NextEra is a respectable developer, said Jeremy Welch, testifying at the hearing on behalf of a union that supports the project. NextEra Energy Inc., the largest U.S. utility by market cap and one of the world's top solar and wind power producers, has been called out for never declaring a net-zero emissions target like many other major power utilities have done. Where did the $4 million paid by FPL to consultants working with Grow United, the nonprofit organization that funded the ghost candidate advertising, originate from and what was it spent on? Earlier this month, the reporting by the Orlando Sentinel, Florida Times-Union, and the Miami Herald prompted four Democratic lawmakers to ask state regulators to conduct an audit of FPL, the largest utility company in the nation and a monopoly regulated by the Florida Public Service Commission. FPL engaged with dark money political committees to keep their profits safe in the wake of proposed legislation. 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. A day later, PSC Chairman Andrew Fay responded with an unequivocal rejection of their request, saying that the PSC has a long-standing prohibition on the inclusion of lobbying and other expenses, which have been determined to bring no benefit to ratepayers, among the expenses to be recovered through rates charged to the public for service., Fay added that when FPL filed its rate request, the appropriate auditing function was conducted during the commissions consideration of the most recent FPL rate case, and the audit produced no evidence that FPL used, or was intending to use, ratepayer funds for the private benefit of the companys lobbying, campaigning or marketing affairs.. The biggest user of the tax credit is Florida-based NextEra Energy, the nation's eighth-largest power producer. The other candidate later revealed that he had been bribed to run. 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. So, thats probably all that were going to say on that today.. In this first story in a series, I look at how the plan has divided the community and strained relationships between longtime friends and neighbors. NextEra Energy is a total fraud, and veritably a criminal entity. The industry leader for online information for tax, accounting and finance professionals. For example, Richard Alexander, who lives in Cullman, Alabama, 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. News images are from video content on CNNs YouTube Channel. Licensed under a Creative Commons Attribution 3.0 License by Energy and Policy Institute. Watch the Florida Legislature live: The Florida Channel, a public affairs programming service funded by the Legislature, livestreams coverage at thefloridachannel.org. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. To help figure this out, I reached out to David Pomerantz, who makes a living investigating utility companies as executive director of the Energy and Policy Institute, a nonprofit watchdog organization. Sources contacted were unsure the degree to which Governor DeSantis was aware of the FPLpayments and the alleged illegitimate child. 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. This story was originally published January 27, 2022, 6:00 AM. 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. 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. All three districts received slightly modified versions of the same mailer, which seemed to target liberal-leaning voters in an apparent effort to siphon those votes away from the Democratic candidate. You can keep up with her work on her site Environment.co. Rodriguez has pleaded guilty and agreed to cooperate with prosecutors. 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