FPL CEO's On Potentially Buying JEA: 'We're Of Course Interested'

Florida Power & Light Co. President and CEO Eric Silagy said Friday the company is looking at bidding to buy JEA, according to WJCT News partner the Jacksonville Daily Record.

“We’re going through the qualifications,” he said after a presentation to the St. Johns County Chamber of Commerce Economic Development Council.

"We're of course interested, JEA is a great organization," Silagy said.

JEA is seeking private companies and organizations interested in buying some or all of Jacksonville’s public utility.

JEA officials released a notice of solicitation Aug. 2, asking interested and qualified parties to submit their proposals by noon Sept. 30.

The JEA board voted July 23 to explore privatization and one day after Mayor Lenny Curry said he would propose using proceeds of the utility’s sale to pay off the city’s $2.2 billion debt.

The Jacksonville Daily Record is working on an expanded version of this story. As soon as it’s available it will be available at JaxDailyRecord.com.