TECO Energy selling 15.5 million shares

By Business Observer Staff
| 3:16 p.m. July 1, 2014

Tampa Bay-Lakeland

TAMPA — TECO Energy Inc. announced plans to offer 15.5 million shares of its common stock. The company will use the proceeds of to pay for its $950 million purchase of Albuquerque, N.M.-based New Mexico Gas Co. and for other corporate purposes.

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