NextEra Energy Inc. says it has appointed David L. Porges to its board of administrators. Porges will serve on the board’s finance and funding committee.
“We’re extremely pleased to welcome David to the NextEra Energy board. Dave brings to our board a wealth of knowledge in finance, operations, mergers and acquisitions, along with a proven track record as an experienced leader in the energy industry for more than two decades,” says Jim Robo, chairman and CEO of NextEra Energy.
“We look forward to benefiting from his valuable insight and counsel as we continue to grow NextEra Energy and solve the world’s toughest energy challenges,” he provides.
Porges served as a non-employee member of the board of administrators of Equitrans Midstream Corp., which was spun off from EQT Corp., from November 2018 by way of December 2019 and served because the chairman of the board of Equitrans from November 2018 by way of July 2019. He joined EQT in 1998 as senior vice chairman and CFO and served as EQT’s CEO from April 2010 to April 2011 and as CEO and chairman from April 2011 to February 2017. From February 2017 to March 2018, Porges served as EQT’s government chairman and as chairman and interim CEO from March 2018 to November 2018.
Prior to EQT, Porges spent 11 years with Bankers Trust Corp., the place he labored nearly fully with energy corporations in a spread of areas, together with mergers and acquisitions, structured finance and threat advisory. He started his profession within the energy business with Exxon Corp., the place he spent seven years in operations, centered on provide operations and buying and selling, planning and advertising and marketing.
NextEra Energy owns two electrical corporations in Florida: Florida Power & Light Co., which serves greater than 5 million buyer accounts in Florida and is one of the most important rate-regulated electrical utilities within the U.S.; and Gulf Power Co., which serves greater than 470,000 clients in eight counties all through northwest Florida.