9 bids in for Jacksonville Electric Authority privatization

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The City of Jacksonville in Florida has received nine bids for the privatization of the community-owned Jacksonville Electric Authority.

The accepted bidders are:

  • American Public Infrastructure LLC
  • American Water Works Company, Inc.
  • Duke Energy
  • Emera Inc.
  • JEA Public Power Partners: A consortium of Bernhard Capital Partners Inc., Emera Inc., and SuezEmera
  • IFM Investors PTY LTDIFM
  • Macquarie Infrastructure and Real Assets Inc. (MIRA Inc.)
  • EnergyNextEra (parent company of FPL)
  • Respondent A (Company did not consent to release of name)

JEA is the eighth-largest community-owned electric utility company in the United States and the largest in Florida. It operates in the water, sewer, and electricity system.

The transaction information was not disclosed. 

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