By Tiffany Wilkes
Congratulations to Dwyer Academy of Finance students Morgan Auchter, Myron Levy, Amaris Lopez-Pagan, and Sasha Judge (Team Sun Solutionz) for winning the FPL/NextEra Solar Farm Feasibility competition (each receiving a $2,000 scholarship)!
Each year, we are proud to offer our Academy of Finance Juniors a unique and timely opportunity through a partnership with Florida Power & Light/NextEra Energy. Students are divided into teams and provided the specifics for a power generating solar farm which they will then analyze and determine the feasibility of investing the amount of money necessary to turn their plans into reality. At various times throughout the first semester, FPL provides the students training in all required aspects which include revenues, expenses, depreciation, presentation skills, federal taxes, and other operating expenses. These sessions enable students to complete their financial models and prepare them for the culminating event when they present their findings to a panel of experts and ask them for the financial backing to build their farm. Scholarships are awarded to the winning team after the presentation of the projects.
This the 13th year that FPl/NextEra has offered the project to Dwyer High School Academy of Finance Juniors (the only school in Palm Beach County with the program), and we are beyond thankful for their continued support and real-world learning experiences they provide to our AOF students!