Business
NextEra Energy to sell equity units
NextEra Energy, Inc. (NYSE: NEE) announced today that it intends to sell $2.00 billion of equity units in a public offering. NextEra Energy, Inc. expects to grant to the underwriters an option to purchase up to an additional $0.30 billion of equity units solely for the purpose of covering over-allotments.
About this update from Nextera Energy, Inc.
[{"type":"text","content":"JUNO BEACH, Fla., Feb. 26, 2026 /PRNewswire/ -- NextEra Energy, Inc. (NYSE: NEE) announced today that it intends to sell $2.00 billion of equity units in a public offering. NextEra Energy, Inc. expects to grant to the underwriters an option to purchase up to an additional $0.30 billion of equity units solely for the purpose of covering over-allotments.","length":364,"tagName":"p"},{"type":"image","alt":"(PRNewsfoto/NextEra Energy, Inc.)","displaySize":"","headline":null,"caption":"(PRNewsfoto/NextEra Energy, Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":71,"url":"https://media.zenfs.com/en/prnewswire.com/cc9f96a48ee2a49caeaa3362ee92eb54"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/DY2FMeenY0I.iiCOTYUXfw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTEyNTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/cc9f96a48ee2a49caeaa3362ee92eb54","width":400,"height":71}},"href":"https://mma.prnewswire.com/media/1653740/NextEra_Energy_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The net proceeds from the sale of the equity units will be added to the general funds of NextEra Energy Capital Holdings, Inc., a wholly owned subsidiary of NextEra Energy. NextEra Energy Capital Holdings expects to use its general funds to fund investments in energy and power projects and for other general corporate purposes, including the repayment of a portion of its outstanding commercial paper obligations.","length":414,"tagName":"p"},{"type":"text","content":"Each equity unit will be issued in a stated amount of $50. Each equity unit will consist of a contract to purchase NextEra Energy common stock in the future, and undivided beneficial ownership interests in two series of debentures issued by NextEra Energy Capital Holdings, consisting of a Series P Debenture due Feb. 15, 2031, and a Series Q Debenture due Feb. 15, 2034, each with a principal amount of $1,000. The debentures will be guaranteed by NextEra Energy.","length":464,"tagName":"p"},{"type":"text","content":"In approximately three years, the equity unit holders will be required to purchase NextEra Energy common stock for cash, based on a range of a 0% to 25% premium over the New York Stock Exchange closing price of NextEra Energy common stock on Feb. 26, 2026. The holders of the equity units must complete the stoc...