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Subsequent Events
12 Months Ended
Dec. 31, 2015
Subsequent Events [Abstract]  
Subsequent Events

23. Subsequent Events

Amendment of TECO Energy/TECO Finance Credit Facility

On Feb. 24, 2016, TECO Energy and TECO Finance entered into Amendment No. 3 to its Fourth Amended and Restated Credit Agreement (the TECO Credit Facility) with JPMorgan Chase Bank, N.A., as administrative agent, and certain lenders named therein.  The amendment provides that the closing of the Merger will not constitute an event of default under the TECO Credit Facility. 

TECO Energy/TECO Finance One-Year Term Loan Facility

In February 2016, TECO Energy (as guarantor) and TECO Finance (as borrower) secured commitments for a $400 million one-year term loan facility, the terms of which provide for closing and funding on Mar. 14, 2016.  The proceeds of the facility are to be used to repay at maturity the $250 million aggregate principal amount of TECO Finance 4.00% Notes due Mar. 15, 2016, repay a portion of the drawings under the TECO Credit Facility and for general corporate purposes.