NextEra Energy Inc, the world's largest producer of wind and solar energy, swung to a loss in the fourth quarter, dented by an impairment charge of $1.2 billion on its investments in the Mountain Valley natural gas pipeline.
Mountain Valley pipeline, which stretches from West Virginia to Virginia, is one of the several oil and gas pipelines delayed in recent years by regulatory and legal fights with states and environmental groups that found problems with permits issued by the Trump administration.
Most recently, federal energy regulators did not approve a request to ramp up construction of a part of the