During Nextera Energy's earnings call, an analyst asked executives about reports that the company may be looking to sell its Texas merchant generation assets.

While CEO James Robo reiterated that the company would not comment on any individual potential transactions that have been subject to rumors, he did state that:

"I will say that, and this is not a surprise, that we’ve been consistently pretty bearish about the merchant markets around the country. I think as we continue to see the technology trends in renewables, both in solar and wind, and their impacts in those markets where you see high penetration of solar and wind, we continue to be pretty bearish [on] merchant markets around the country. So, I think, if anything our views are even more bearish than they were a year ago and we will, as we always say, we always evaluate our portfolio and we’re always looking for ways to optimize it, and that hasn’t changed and won’t change in the future."

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Nextera Energy   Texas   M&A  

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