Fla. Regulators Advance $3.5B Gas Pipeline Plan

Law360, New York (October 24, 2013, 4:38 PM EDT) -- The Florida Public Service Commission has approved Florida Power & Light Co.’s contracts to build a $3.5 billion, 600-mile interstate natural gas pipeline system stretching from Alabama to Florida to bring more natural gas into the state, the agency said Thursday.

In July, FP&L selected a joint venture of Houston-based Spectra Energy Corp. and NextEra Energy Inc. — called Sabal Trail Transmission LLC — to build a pipeline running from southwestern Alabama to Georgia and Florida, while Florida Southeast Connection LLC was chosen to build a...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.