Nucor (NUE) announced a Power Purchase Agreement for 250 megawatts of renewable energy from Sebree Solar, LLC, a subsidiary of NextEra Energy Resources (NEE). Sebree Solar is an innovative two-phase solar project in Henderson County, Kentucky, which will have a capacity of up to 400 megawatts of American-produced energy. The project’s first phase – Sebree Solar I – is set to begin construction in Fall 2023.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on NUE:
- Nucor CFO Laxton sells $2.2M in company shares
- XOM, HAL, or CVX: Which Energy Stock is a “Strong Buy” for Wall Street After Q2 Results?
- Nucor (NYSE:NUE) Posts Mixed Q2 Results and Disappointing Guidance
- Nucor Reports Results for the Second Quarter of 2023
- Nucor expects Q3 earnings to ‘decrease’ compared to Q2, consensus $4.66