NextEra Energy Resources to build, own and operate solar energy systems for U.S. Navy in Hawaii

Dec 01, 2015, 15:00 ET from NextEra Energy Resources, LLC

JUNO BEACH, Fla., Dec. 1, 2015 /PRNewswire/ -- NextEra Energy Resources, LLC, a subsidiary of NextEra Energy, Inc. (NYSE: NEE), today announced that it plans to continue a project to build, own and operate approximately 17 megawatts of solar facilities on three separate military installations on Oahu.

"The Department of Defense and the U.S. Navy have set aggressive goals for the use of renewable energy sources at their installations across the nation, and we're pleased to be able to help them achieve their goals," said Armando Pimentel, president and CEO of NextEra Energy Resources. "This renewable energy project further illustrates our commitment to renewable energy, the Department of Defense and the state of Hawaii."

A subsidiary of NextEra Energy Resources will build one ground-mounted fixed-tilt solar system, three carport solar systems and 10 rooftop solar systems. The systems will be comprised of approximately 71,000 Sharp solar modules. Site preparation is underway, and system construction is expected to begin in February 2016 and be completed by year end. All of the power is being purchased by the U.S. Navy under a 25-year power purchase agreement.

In 2011, the Naval Facilities Engineering Command (NAVFAC) Pacific selected Pacific Energy Solutions, LLC, (PES) an energy development company, as the developer to utilize specified sites on military installations in Hawaii to build solar power generating systems and directly sell power to the military. In July 2014, after several years of project due diligence, NAVFAC and PES entered into a contract for approximately 17 megawatts of solar photovoltaic power.

In October 2015, a subsidiary of NextEra Energy Resources purchased the membership interest in PES. The PES project was originally developed by TriLateral Energy, LLC and ECC Energy Solutions, LLC (ECC). ECC will continue with the project team and actively manage the project construction through completion and start-up.

About NextEra Energy Resources
NextEra Energy Resources, LLC (together with its affiliated entities, "NextEra Energy Resources"), is a clean energy leader and is one of the largest wholesale generators of electric power in the U.S., with approximately 19,777 megawatts of generating capacity, which includes megawatts associated with non-controlling interests related to NextEra Energy Partners, LP (NYSE: NEP), primarily in 25 states and Canada as of year-end 2014. NextEra Energy Resources, together with its affiliated entities, is the world's largest generator of renewable energy from the wind and sun. The business operates clean, emissions-free nuclear power generation facilities in New Hampshire, Iowa and Wisconsin as part of the NextEra Energy nuclear fleet, which is one of the largest in the United States. NextEra Energy Resources, LLC is a subsidiary of Juno Beach, Fla.-based NextEra Energy, Inc. (NYSE: NEE). For more information, visit www.NextEraEnergyResources.com.

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SOURCE NextEra Energy Resources, LLC



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