(May 2012) Lewis “Lew” Hay III intends to retire from NextEra Energy at the end of 2013 as part of a planned leadership succession process. Hay will serve as executive chairman from...
Utility M&A: Buying Time
markets. This "patient" viewpoint allows equity funds to capitalize on large-scale business cycles that drive public-market investors away.
"Changes in the market always lead strategies to buy assets and shed assets," Revers says.
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