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February 07, 2023
Home » NextEra Takes $1.2B Write-down in 4th Quarter
NextEra Energy said Tuesday it has taken a $1.2 billion write-down for its 31% ownership stake in the Mountain Valley natural gas pipeline, which has been plagued with cost overruns and delays from legal opposition and regulatory roadblocks. The 300-mile pipeline, stretching from West Virginia to Virginia, was originally projected...
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