The dollar amount of NextEra Energy's bid to buy JEA last year is public record and must be released, a judge ruled Monday.
WJCT News partner The Florida Times-Union reports the case has statewide ramifications over whether companies can prevent disclosure of their bid amounts under the state's Government in the Sunshine law.
NextEra Energy, the parent company of Florida Power & Light, redacted the dollar amount from the bid documents released in January by JEA and argued state law allows that information to remain blacked out because it qualifies as confidential business information and a trade secret.
The redaction by NextEra has prevented the public from having the full scope of how much private entities were willing to pay for JEA and how many billions of dollars City Hall would have netted from a sale. JEA publicly released that key information from all the other bidders after the utility ended sales talks in December.
Read the rest of this story at Jacksonville.com.
