SUGAR LAND, TX — (Marketwire) — 01/20/12 — Written by John Egan for Industrial Info Resources (Sugar Land, Texas) — (FPL) (Juno Beach, Florida), the utility unit of (NYSE:NEE) (Juno Beach), has bet big on , and so far the plan is working. FPL has committed to spend more than $3 billion to tear down two old, oil-fired generators and replace them with 2,500 megawatts (MW) of new natural-gas, combined-cycle (NGCC) generation capacity. A third project, valued at $1 billion, would add another 1,000-MW NGCC generator, if FPL moves forward with it.
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