[NextEra Energy, 16 July 2019]

NextEra Energy Transmission, a subsidiary of NextEra Energy, has finalized its acquisition of Trans Bay Cable, LLC. Trans Bay Cable is a transmission utility that owns a 53-mile high-voltage dc underwater transmission cable system. This cable system goes from Pittsburgh, California to San Francisco, California. Jim Robo, chairman and CEO of NextEra Energy, said of the acquisition, “This transaction furthers our goal of creating America's leading competitive transmission company and is consistent with our strategy of adding high-quality regulated assets to our portfolio."