NextEra Energy Made $15 Billion Bid for Evergy: Sources

NextEra Energy Made $15 Billion Bid for Evergy: Sources
A wind farm shares space with corn fields in Latimer, Iowa, on Feb. 2, 2020. Jonathan Ernst/Reuters
Reuters
Updated:

NextEra Energy Inc, the world’s largest producer of wind and solar energy, has made a roughly $15 billion all-stock acquisition offer for U.S. power utility Evergy Inc, people familiar with the matter said on Nov. 9.

Evergy turned down the offer in recent days and it’s unclear whether NextEra will make a new approach, according to the sources, who requested anonymity because the matter is confidential. One of the people added that NextEra had no immediate plans for a new bid.