Fla. utility awards contract for $3B gas pipeline

07/29/2013 | Reuters · Bloomberg

A $3 billion natural-gas pipeline from Alabama from Florida will be built by Sabal Trail Transmission, a joint venture of Spectra Energy and NextEra Energy, Spectra has announced. The 465-mile line will carry an estimated 1 billion cubic feet of gas per day. The contract award by Florida Power and Light is still subject to regulatory review, FPL said.

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