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Nextera Energy Inc V.NEE


Primary Symbol: NEE Alternate Symbol(s):  NEE.PR.R | NEE.PR.N | NEE.PR.S | NEE.PR.T

NextEra Energy, Inc. is an electric power and energy infrastructure company. It operates through its wholly owned subsidiaries, NextEra Energy Resources, LLC and NextEra Energy Transmission, LLC (collectively, NEER) and Florida Power & Light Company (FPL). Its segments include NEER and FPL. FPL segment is a rate-regulated electric utility engaged in the generation, transmission, distribution and sale of electric energy in Florida. FPL has approximately 33,276 megawatts (MW) of net generating capacity, approximately 90,000 circuit miles of transmission and distribution lines and 883 substations. The NEER segment owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets in the United States and Canada and also includes assets and investments in other businesses with a clean energy focus, such as battery storage and renewable fuels. It also owns, develops, constructs and operates rate-regulated transmission facilities in North America.


NYSE:NEE - Post by User

Bullboard Posts
Post by ArbLover84on Jul 12, 2015 7:20pm
72 Views
Post# 23916424

PGOL is the other side of the coin go long PGOL short NEE

PGOL is the other side of the coin go long PGOL short NEEokay a lot of you are thinking - how is this possible:

well there is an arb opportunity here:
NEE has a 70% option on the Moss Mine from PGOL

market cap of NEE: C$ 16 MM
so value of Moss Mine = C$ 23 MM

So based on this PGOL owning 30% of Moss Mine should have a market cap of C$ 7 MM

Currently PGOL has a market cap of US$ 1.85 = C$ 2.3 MM
So the upside is : 200%
Bullboard Posts