NextEra Energy Transmission wraps up $1bn acquisition of Trans Bay Cable
Energy acquisition news : NextEra Energy Transmission has wrapped up its previously announced $1 billion worth acquisition of California-based transmission utility Trans Bay Cable (TBC), from affiliates of Steelriver Infrastructure Fund North America, for an undisclosed price. Trans Bay Cable owns a 53-mile high-voltage direct current underwater transmission cable system in California, which was laid […]