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Gexa Energy, headquartered in Houston, Texas, is a retail electricity provider which sells electricity service to residential and commercial customers in all deregulated markets in Texas. The company is a subsidiary of NextEra Energy Resources. Based in Juno Beach, Florida, NextEra Energy Resources is a subsidiary of NextEra Energy, Inc.
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On December 4, 2014, NextEra Energy announced its plans to purchase Hawaiian Electric Industries for $4.3 billion. [33] However, in July 2016, Hawaii 's Public Utilities Commission rejected the offer in a 2-0 vote over doubts of NextEra Energy's commitment to the state's renewable energy goal, which terminated the merger agreement. [ 34 ]