NextEra Signals Approaching Water-Energy Convergence

4 Nov 2021
Quick Read / 3 pages
Available with corporate subscription

On 20 October 2021, during its third-quarter earnings call, NextEra Energy Inc.’s management team announced the acquisition of 17 regulated water and two wastewater utility systems in eight counties near Houston, Texas, in a deal with Quadvest, LP—40-year-old family-owned water & sewer utility— that is expected to close in 2022. The acquisition falls in line with NextEra’s emerging water-focused strategy it has undertaken over the last two years. 

In this Research Note:

  • NextEra carves out new water platform
  • Roster of diversified critical infrastructure firms grows
  • Water to play key role in NextEra’s business approach to carbon mitigation



Related Podcast

9 Nov 2021  |  Episode #38

Deals, Deals, Deals 

Have ongoing analysis needs?

Our subscription services provide you with monthly, up to date data on the topics.