TECO Energy Plans to Invest $1.7 Billion to Green its Electricity Supply

SUGAR LAND--July 24, 2018--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Tampa Electric Company (Tampa, Florida), a unit of Emera Incorporated (TSE:EMA) (Halifax, Nova Scotia), plans to invest about $1.7 billion to convert one of its coal-fired units to gas, close a second coal-burning unit, and build about 600 megawatts (MW) of new solar generation, the company said. Within this article: Details on how Tampa Electric plans to install new capacity and convert existing units at its facilities.