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FPL continues to advance clean, affordable, reliable power in Florida with commissioning of Port Everglades Next Generation Clean Energy Center

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FORT LAUDERDALE, Florida, April 11, 2016 /PRNewswire-HISPANIC PR WIRE/ — Florida Power & Light Company (FPL) today formally commissioned its Port Everglades Next Generation Clean Energy Center – the third in a series of such facilities powered by American-produced natural gas. As was the case with the company’s Next Generation Clean Energy Centers at Riviera Beach and Cape Canaveral, the Port Everglades facility replaces a 1960s-era, oil-fired power plant that was demolished in mid-2013. During its operational lifetime, the new, fuel-efficient plant, which entered service two months early and under budget, is expected to provide FPL customers with hundreds of millions of dollars in fuel and other savings.

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“The Port Everglades Next Generation Clean Energy Center is yet another demonstration of our commitment to dramatically reducing our dependence on foreign oil, while at the same time, delivering clean, reliable and affordable energy for our customers,” said Eric Silagy, president and CEO of FPL. “This facility is the equivalent of taking a car from the 1960s and replacing it with a hybrid, which is more fuel efficient and produces less emissions. This energy center is one more example of how the nearly 9,000 employees of FPL are working hard each and every day to ensure our customers benefit from electric bills that are among the lowest in the state and 30 percent below the national average.”

FPL invested approximately $1.2 billion to build the new energy center on the same site in Broward County where a 1960s-era oil-burning plant was dismantled three years ago. Construction was completed two months ahead of schedule, allowing the plant to officially enter commercial operation on April 1.

By making smart investments in high-efficiency energy centers that operate on American-produced natural gas and use less fuel to generate more energy, FPL has cut fuel costs and saved its customers more than $8 billion since 2001. The new Port Everglades energy center, running on 35 percent less fuel per megawatt-hour, is estimated to save FPL’s customers $400 million during the 30-year life of the facility.

New energy center benefits local economy, environment

FPL’s investment in the new energy center also brings with it important benefits for the local economy. At the peak of construction, more than 900 people were employed, the majority of whom were Floridians, giving an economic boost to numerous local businesses.

Hollywood is proud to be the home of FPL’s newest state-of-the-art, high efficiency, natural gas energy center in Port Everglades. The center will benefit the City of Hollywood for years to come by providing reliable, domestically produced, clean energy,” said Hollywood Mayor Peter Bober. “Additionally, FPL’s investment will specifically assist Hollywood in the form of new tax revenue in the years ahead.”

In addition to saving on fuel costs, the energy center’s technology further improves FPL’s emissions profile – already among the cleanest in the United States. In fact, as a result of FPL’s investments in clean energy technology, the company is already positioned to meet the U.S. EPA’s Clean Power Plan targets by 2030 today. Compared to the former plant, the new energy center reduces air emissions by more than 90 percent and cuts the carbon dioxide emissions rate in half, which is the equivalent of removing 46,000 cars from the highway each year.

The new energy center is capable of producing about 1,277 megawatts of electricity or enough power for more than a quarter million residential customers.

Other investments in clean, efficient generation

The Port Everglades Next Generation Clean Energy Center is part of FPL’s ongoing effort to modernize its power generation fleet in order to continue providing clean, affordable, reliable energy for its customers. These investments, which are projected to save customers billions of dollars in fossil fuel costs, include:

  • Cape Canaveral Next Generation Clean Energy Center: In April 2013, FPL commissioned the new energy center, which replaced the 1960s-era power plant on the Space Coast.
  • Riviera Beach Next Generation Clean Energy Center: The company dismantled the Riviera Beach Plant in June 2011. It was replaced by FPL’s Riviera Beach Next Generation Clean Energy Center, which entered service in April 2014. Earlier this year, the company opened on the center’s property Manatee Lagoon – An FPL Eco-Discovery Center, a free environmental educational center and observation area to view manatees.

Florida Power & Light Company
Florida Power & Light Company is the third-largest electric utility in the United States, serving more than 4.8 million customer accounts or more than 10 million people across nearly half of the state of Florida. FPL’s typical 1,000-kWh residential customer bill is approximately 30 percent lower than the latest national average and, in 2015, was the lowest in Florida among reporting utilities for the sixth year in a row. FPL’s service reliability is better than 99.98 percent, and its highly fuel-efficient power plant fleet is one of the cleanest among all utilities nationwide. The company was recognized in 2015 as one of the most trusted U.S. electric utilities by Market Strategies International. A leading Florida employer with approximately 8,800 employees, FPL is a subsidiary of Juno Beach, Fla.-based NextEra Energy, Inc. (NYSE: NEE), a clean energy company widely recognized for its efforts in sustainability, ethics and diversity, and has been ranked No. 1 in the electric and gas utilities industry in Fortune’s 2016 list of “World’s Most Admired Companies.” NextEra Energy is also the parent company of NextEra Energy Resources, LLC, which, together with its affiliated entities, is the world’s largest generator of renewable energy from the wind and sun. For more information, visit these websites: www.NextEraEnergy.com, www.FPL.com, www.NextEraEnergyResources.com.

EDITORS NOTE: B-roll and photos of the new plant are available below:
https://fpl.sharefile.com/d-s723394acab5479e8  

 

Don’t Underestimate Your Flood Risk: Consider Buying Flood Insurance Even If You Live Outside Of A High Risk Zone

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Insurance Information Institute logo

NEW YORK, April 5, 2016 /PRNewswire-HISPANIC PR WIRE/ — Nine out of 10 natural disasters in the United States involve flooding, yet less than 15 percent of the nation’s homeowners and renters have purchased flood insurance, according to the Insurance Information Institute (I.I.I.).

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“Too few residences are covered by flood insurance policies because many homeowners and renters underestimate their flood risk,” said Jeanne Salvatore, the I.I.I.’s senior vice president, Public Affairs, and chief communications officer, noting that 20 percent of all flood claims come from moderate-to-low flood risk areas. “Most Americans should at the very least consider acquiring flood insurance because standard homeowners and renters policies do not cover flood-caused damage.”

Flood insurance is available to homeowners and renters from FEMA’s National Flood Insurance Program (NFIP) and a few private insurance companies. Excess flood insurance policies can also be purchased by homeowners seeking coverage above and beyond the basic NFIP policy, which is capped at $250,000 for structural damage and $100,000 for contents, or those residing in a community that does not participate in FEMA’s NFIP and cannot buy an NFIP policy from the federal government.

“There is a 30-day waiting period between buying an NFIP policy, and when the coverage takes effect, so those residing along the Gulf and Atlantic coastlines may want to act soon because hurricane season starts on June 1,” Salvatore noted.

In its U.S. Spring Outlook for April–June 2016, the National Oceanic and Atmospheric Administration (NOAA) stated, “Parts of Louisiana, Arkansas and eastern Texas have an elevated risk of moderate flooding, along with communities along the Mississippi and Missouri River basins and the southeastern United States, from Alabama to North Carolina.”

RELATED LINKS
Articles: Does My Homeowners Insurance Cover Flooding?; Flood Insurance 
Facts and Statistics: Flood Insurance 
Issues Update: Flood Insurance 
Presentation: The Plain Truth about Flood Insurance and Floodplain Management 
Video: NOAA’s spring 2016 Climate and Flood Outlook

The I.I.I. has a full library of educational videos on its You Tube Channel. Information about I.I.I. mobile apps can be found here.

THE I.I.I. IS A NONPROFIT, COMMUNICATIONS ORGANIZATION SUPPORTED BY THE INSURANCE INDUSTRY.

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FIBRA Prologis Announces Annual and Extraordinary Certificate Holders Meeting

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FIBRA Prologis.

MEXICO CITY, April 8, 2016 /PRNewswire-HISPANIC PR WIRE/ — FIBRA Prologis (BMV: FIBRAPL14), the leading owner and operator of Class-A industrial real estate in Mexico, today announced it will host the annual and extraordinary certificate holders meeting Monday, April 25, 2016 at 11:00 a.m. CT in the office of the Common Representative, Monex Casa de Bolsa, S.A. de C.V., located at Av. Paseo de la Reforma No. 284, floor 9, Col. Juárez, C.P. 06600, México, Distrito Federal. 

The meeting is open to FIBRA Prologis certificate holders of record as of April 22, 2016. The agenda for the Annual Holders Meeting includes ratification of independent members (primary and/or alternate) of the technical committee; confirmation of the members’ independence; ratification of compensation for such members; review and approval of audited 2015 financial statements; and approval of the 2015 annual report. The Agenda for the Extraordinary Holders Meeting includes the approval to change the leasing fee paid to the Manager.

For more information, please visit the Investor Relations section of the FIBRA Prologis website at www.fibraprologis.com.

ABOUT FIBRA PROLOGIS
FIBRA Prologis is the leading owner and operator of Class-A industrial real estate in Mexico. As of December 31, 2015, FIBRA Prologis was comprised of 188 logistics and manufacturing facilities in six industrial markets in Mexico totaling 32.6 million square feet (3.0 million square meters) of gross leasable area.

FORWARD-LOOKING STATEMENTS
The statements in this release that are not historical facts are forward-looking statements. These forward-looking statements are based on current expectations, estimates and projections about the industry and markets in which FIBRA Prologis operates, management’s beliefs and assumptions made by management.  Such statements involve uncertainties that could significantly impact FIBRA Prologis financial results. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” variations of such words and similar expressions are intended to identify such forward-looking statements, which generally are not historical in nature.  All statements that address operating performance, events or developments that we expect or anticipate will occur in the future — including statements relating to rent and occupancy growth, acquisition activity, development activity, disposition activity, general conditions in the geographic areas where we operate, our debt and financial position, are forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Although we believe the expectations reflected in any forward-looking statements are based on reasonable assumptions, we can give no assurance that our expectations will be attained and therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. Some of the factors that may affect outcomes and results include, but are not limited to: (i) national, international, regional and local economic climates, (ii) changes in financial markets, interest rates and foreign currency exchange rates, (iii) increased or unanticipated competition for our properties, (iv) risks associated with acquisitions, dispositions and development of properties, (v) maintenance of real estate investment trust (“FIBRA”) status and tax structuring, (vi) availability of financing and capital, the levels of debt that we maintain and our credit ratings, (vii) risks related to our investments (viii) environmental uncertainties, including risks of natural disasters, and (ix) those additional factors discussed in reports filed with the “Comisión Nacional Bancaria y de Valores” and  the Mexican Stock Exchange by FIBRA Prologis under the heading “Risk Factors.” FIBRA Prologis undertakes no duty to update any forward-looking statements appearing in this release.

Non-Solicitation – Any securities discussed herein or in the accompanying presentations, if any, have not been registered under the Securities Act of 1933 or the securities laws of any state and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements under the Securities Act and any applicable state securities laws. Any such announcement does not constitute an offer to sell or the solicitation of an offer to buy the securities discussed herein or in the presentations, if and as applicable.

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Liberman Broadcasting Files FCC Program Carriage Complaint Against Comcast

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WASHINGTON, April 8, 2016 /PRNewswire-HISPANIC PR WIRE/ — Liberman Broadcasting, the largest minority-owned Hispanic broadcast company in the U.S., and the family-owned parent company of fast-growing Spanish-language television network Estrella TV, today filed a major program carriage complaint with the FCC against Comcast, the nation’s largest cable company.

The complaint presents clear and compelling evidence that Comcast has discriminated against Estrella TV for the purpose of benefitting its own Spanish-language networks Telemundo and NBC Universo. In addition, the filing presents evidence of Comcast seeking to exert its market position to unlawfully force Estrella to relinquish the digital rights to its own content as a condition for carriage. These actions constitute violations of the FCC’s Program Carriage regulations, as well as of the merger conditions imposed on Comcast when it acquired NBCUniversal.

Commenting on the filing, Liberman Broadcasting CEO and President Lenard Liberman said, “Comcast, the nation’s largest cable company and owner of a vast array of TV networks including Telemundo and NBC Universo, has systematically abused its position by discriminating against a vibrant and fast-growing competitor in Estrella TV. Fortunately, the FCC’s Program Carriage rules exist precisely to address this type of practice. We hope the FCC will move swiftly to put a stop to Comcast’s egregious behavior not only for the good of our network, but also to send a message to all independent programmers that they need not endure unlawful abuse at the hands of Comcast.”

Liberman Broadcasting’s filing describes the company’s rise over the past several years to become a vigorous competitor with Comcast-owned Telemundo. This includes Nielsen data for key markets such as Los Angeles and Dallas-Ft.Worth where Estrella TV’s local broadcast station is distributed on a roughly equal basis with Telemundo. In both markets, Estrella TV ratings in key demographics in recent sweeps periods match or beat Telemundo’s. This impressive ratings performance is the reason other major multichannel video programming distributors (MVPDs) including AT&T/DIRECTV, Time Warner Cable, Charter Communications and many others broadly distribute Estrella TV and why leading station groups including Sinclair Broadcast Group, TEGNA, Nexstar, Hearst and others have established affiliate relationships in markets nationwide.

Rather than following suit and distributing a channel with growing popularity to its viewers, Comcast has gone in the opposite direction, refusing to distribute Estrella TV on an equal basis with Telemundo and NBC Universo, leading to Estrella TV’s stations being dropped in three major markets: Denver, Houston and Salt Lake City.  Since Comcast ceased distribution of Estrella TV’s stations in those markets, the ratings for Estrella TV’s stations have predictably collapsed, while Telemundo has in turn benefitted.

“At Estrella TV, we are proud of our growing popularity among Hispanic viewers and especially pleased by the ratings strength for our news programming, which we run every night against Telemundo’s novelas,” said Mr. Liberman. “Virtually every major MVPD broadly distributes us, while Comcast refuses to do so. The reason for this difference is obvious: only Comcast happens to also own Telemundo, one of our biggest competitors, as well as NBC Universo, a rebranded channel which does not come close to matching our popularity. That sort of blatant discrimination is contrary to the law and to the public interest.”

If Comcast is found to have violated the Program Carriage rules, the FCC can require Comcast to distribute and compensate Estrella TV on an equal basis with Telemundo.

PRESS CONFERENCE CALL DETAILS

WHAT: 
Estrella TV will host an on the record press conference call to discuss their program carriage complaint filed today with the FCC against Comcast.

WHEN: 
Friday, April 8, 2016
11:00am ET

WHERE: 
Dial-in: 1-888-339-2688, Passcode: 970 865 81

ABOUT LIBERMAN BROADCASTING

Since its 2009 launch, Estrella TV has established itself as a top U.S. Hispanic television network. The broadcast network has achieved its fast-track success by producing high-quality, original programming in-house at its Burbank, Calif. studios featuring well-known stars and popular personalities from the U.S. and Latin America. Estrella TV has built a catalog of more than 7,500 hours of programming now being distributed by the company worldwide. Estrella TV is owned and operated by Liberman Broadcasting, Inc., a leading Spanish-language, minority-owned media and entertainment company and one of the largest Spanish-language radio and television broadcasters in the U.S., based on both revenues and number of stations. For more information visit www.estrellatv.com.

Gruma/Mission Foods contributes US$4 million dollars to create a Mexico-Texas bilateral relations center

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The President and CEO of Gruma, Juan Gonzalez Moreno and the President of Southern Methodist University in Texas, Gerald Turner, today signed an agreement to create The Mission Foods Texas-Mexico Center; they are accompanied by Mexico's Secretary of Foreign Relations, Claudia Ruiz Massieu.

DALLAS, April 7, 2016 /PRNewswire-HISPANIC PR WIRE/ — The President and CEO of Gruma, Juan González Moreno and the President of Southern Methodist University (SMU) in Dallas, Gerald Turner, today signed an agreement to create The Mission Foods Texas-Mexico Center, whose main objective will be to study, elevate and improve the MexicoTexasUnited States relationship through research, annual conferences and public forums.

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“Through this initiative, we would like to stress our conviction that working together in good faith is the most effective path toward finding solutions to common problems and the best way of creating more and better opportunities for the progress of individuals and companies,” said Juan González Moreno, President and CEO of Gruma.

Gruma/Mission Foods decided to support the creation of this center because it saw a huge opportunity to contribute to improving TexasMexico relations, and it found that throughout the long history of economic, social, political and family relationships between the two regions there had been no academic program dedicated specifically analyzing this important relationship.

“Today, Gruma-Mission Foods is contributing US$4 million dollars to the creation of The Mission Foods Texas-Mexico Center, whose fundamental objective is to discuss and improve the strategic relationships between Mexico, Texas and the United States,” the businessman added.

“We are very proud to be a part of this important initiative,” said González Moreno to the Secretary of Foreign Relations of Mexico, Claudia Ruiz Massieu, the President of Southern Methodist University in Texas, Gerald Turner, authorities, academics and students at SMU, as well as businesspeople on both sides of the border.

In addition, through The Mission Foods Texas-Mexico Center, students and academics at the Edwin L. Cox School of Business at SMU – whose participation is valuable in economic and business programs in favor of the TexasMexico relationship – will strengthen their ties with companies on both sides of the border, and will have help in developing and offering innovative research and ideas that add up to the strengthening of bi-national relationships.

The results of the educational center’s main activities will be made public through specialized and academic publications, reports and white papers, and the research programs will be created in collaboration with Mexican higher education institutions suggested by the Secretary of Foreign Relations, the Secretary of Public Education, the National Board for Science and Technology, and the Consulate General of Mexico in Dallas.

It should be remembered that Texas was a key piece in the history of Gruma’s international expansion, as it was there that Gruma’s first corn-grinding mill outside of Mexico was built at the start of the 1980s, which then led to the creation of Azteca Milling, one of its subsidiaries in the United States.

Today Gruma-Mission Foods has sales of more than US$2 billion in the United States, which is more than 50% of its sales worldwide, for which reason the Mexican multinational at all times drives and supports actions that result in a better understanding between the two countries.

Contact:
Pedro R. Rodriguez Peña
Direct Line (55) 9177-0419 and 0455
[email protected]

The National Hispanic Corporate Council Presents Soledad O’Brien I Am Latino In Corporate America

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National Hispanic Corporate Council (NHCC).

WASHINGTON, April 7, 2016 /PRNewswire-HISPANIC PR WIRE/ — The National Hispanic Corporate Council (NHCC), the premiere resource for Corporate America on maximizing Hispanic market opportunity, announces that award-winning journalist and CEO of Starfish Media Group Soledad O’Brien will host a special “I AM LATINO IN CORPORATE AMERICA” plenary panel on Thursday April 7, from 3:00 pm to 4:30 pm, in Independence A Ballroom of the Grand Hyatt Washington Hotel. The Plenary is a highlight of the 2016 NHCC Annual Summit and 30th Anniversary Celebration scheduled for April 6-7, 2016.

National Hispanic Corporate Council (NHCC).

Joining O’Brien will be senior corporate executives for an in depth discussion on the growth and power of the Hispanic/Latino consumer and its impact on the corporate bottom line. The featured Panel includes: Jennifer Brase, VP Diversity & Inclusion, Northwestern Mutual; Ajamu Johnson, Executive Director, Supplier Diversity & Procurement Strategy Comcast & NBCUniversal; Luis Lobo, EVP, Manager Multicultural Banking, BB&T; and Fred Whipple, VP Diversity, Community & Workforce, Shell.  The SOLEDAD O’BRIEN HOSTS I AM LATINO IN CORPORATE AMERICA Panel is produced by INGEÑUNITY and Starfish Media Group.

“NHCC is honored to have Soledad O’Brien lead an in-depth discussion on the important contributions of Latinos within corporate America,” said Octavio A. Hinojosa Mier, NHCC Executive Director. “As a national organization dedicated to helping corporate America better understand the diverse Hispanic market, we now know the future prosperity of many of our corporate members is directly tied to their competitiveness in the growing 1.5 trillion dollar domestic Hispanic market.”

The 2016 NHCC Annual Summit theme, “Three Decades, One Goal: Transforming the Future,” will bring together experts in the areas of its five pillars; human resourcesmarketingsupplier diversity, and community relations within the foundation of corporate social responsibility. NHCC’s goal is to provide its membership with the latest corporate best practices on maximizing the Hispanic market opportunity. For more information on NHCC, please our website at www.nhcchq.org.

About NHCC:

Founded in 1985, NHCC is a unique membership organization comprised of Fortune 1000 corporations providing leading-edge corporate best practices, research and network opportunities for the benefit of its corporate members. NHCC is the premier resource on effectively maximizing the Hispanic market opportunity through marketing, community relations, human resources, and procurement within the foundation of corporate social responsibility. To learn more about NHCC visit us at www.nhcchq.org. Follow us on Twitter @NHCCorg.

MEDIA CONTACT:

Octavio Hinojosa, 202-528-7229, [email protected]

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