Nextera Energy, Inc. · NYSE:NEE
Nextera Energy — Debt Investor Presentation (May 2012)
28 slides from Nextera Energy's debt investor presentation, May 7, 2012
Slide 1: Fixed Income Investor Meeting: Website Information Overview
Fixed Income Investor Meeting Website Information Overview Nick Vlisides Assistant Treasurer May 7, 2012
Slide 2: Agenda
Our debt investors are key constituents of the Company and we are striving to improve the access and interface for Investors to obtain company information Agenda • Overview of Website • Investor Relations Website • Fixed Income Website • Outreach efforts to Fixed Income Investors 2
Slide 3: Agenda
Agenda • Overview of Website • Investor Relations Website • Fixed Income Website • Outreach efforts to Fixed Income Investors 3
Slide 4: We have added new information to our corporate website focused on fixed income investor requests
We have added new information to our corporate website focused on fixed income investor requests NextEra Energy Web Site - www.nexteraenergy.com Investor Relations Tab Fixed Income Tab Overview Storm Securitization Bonds Equity Units Debt Schedule Description Adjusted Debt Ratio Terms Prospectus Deb
Slide 5: Agenda
Agenda • Overview of Website • Investor Relations Website • Fixed Income Website • Outreach efforts to Fixed Income Investors 5
Slide 6: NextEra's home page has been recently redesigned
NextEra’s home page has been recently redesigned 2012 Annual Report Sale of Equity Units Announcement Website address – http://www.nexteraenergy.com 6
Slide 7: The Investor Relations section has several tabs that may assist investors
The Investor Relations section has several “tabs” that may assist investors Investor Relations Company Information Earnings & Supplements Corporate Reports SEC Filings News & Events Stock Information Fixed Income Shareholder Services Corporate Governance Contacts 7
Slide 8: The Earnings Supplement section has key information for investors
The Earnings Supplement section has key information for investors Earnings & Supplements Earnings Releases Financial Statements Business Updates 8
Slide 9: Corporate Reports, SEC Filings and News & Events tabs contain key documents
The “Corporate Reports”, “SEC Filings” and “News & Events” tabs also contain key documents useful to investors Corporate Reports Annual Report Sustainability Report Proxy Statement 9
Slide 10: The SEC Filings contain publicly available information dating back to 1994
The “SEC Filings” contain publically available and SEC filed information and data dating back to 1994 10
Slide 11: Agenda
Agenda • Overview of Website • Investor Relations Website • Fixed Income Website • Outreach efforts to Fixed Income Investors 11
Slide 12: The Fixed Income tab provides a corporate organization chart with credit ratings
The Fixed Income tab provides a corporate organization chart complete with credit ratings 12
Slide 13: The Fixed Income section includes three tabs
The Fixed Income section includes three tabs Fixed Income Overview Storm Securitization Bonds Equity Units 13
Slide 14: In the Overview section we include five areas highlighting additional information
In the “Overview” section we include five areas highlighting additional information Overview Debt Schedule Adjusted Debt Ratio Debt Issuances Liquidity Table Credit Ratings 14
Slide 15: Fixed Income - Overview - Debt Schedule - FPL
Fixed Income - Overview - Debt Schedule - FPL Interest Maturity Total Current Long Term Rate Date Debt Portion Portion First Mortgage Bonds Tax Exempt Bonds Storm Securitization Bonds Waste Water Bonds Commercial Paper 15
Slide 16: Fixed Income - Overview - Debt Schedule - Capital Holdings
Fixed Income – Overview – Debt Schedule – Capital Holdings Interest Maturity Total Current Long Term Rate Date Debt Portion Portion Debentures Equity Units Hybrids Term Loans Pipeline Funding Commercial Paper 16
Slide 17: Fixed Income - Overview - Debt Schedule - Energy Resources
Fixed Income – Overview – Debt Schedule – Energy Resources Energy Resources debt is comprised primarily of project-related debt. These projects include, Wind, Solar, Hydro, and other projects Most of these financings are limited recourse debt The amount of the debt that falls in the limited/
Slide 18: Fixed Income - Overview - Adjusted Debt Ratio - Q1 2012
Fixed Income – Overview – Adjusted Debt Ratio – Q1 2012 March 31, 2012 Per Books Adjusted Equity Units & Hybrids Energy Resources, Project Debt Other Project Debt Equity Units & Hybrids 18
Slide 19: Fixed Income - Overview - Debt Issuances - Q1, 2012
Fixed Income – Overview – Debt Issuances – Q1, 2012 The above table includes issuances such as First Mortgage Bonds, Debentures, Bank Term Loans and Project Debt and is updated quarterly 19
Slide 20: Fixed Income - Overview - Liquidity Table
Fixed Income – Overview – Liquidity Table Earlier this year, FPL and Capital Holdings refinanced a portion of the revolving credit facility February 2017 20
Slide 21: Fixed Income - Overview - Credit Ratings
Fixed Income – Overview – Credit Ratings 21
Slide 22: We also provide detail on our storm securitization bonds
We also provide detail on our storm securitization bonds in the Fixed Income Section FPL Recovery Funding, LLC is a SPV for the purpose of owning and issuing storm- recovery property bonds. 22
Slide 23: Fixed Income - Storm Securitization Bonds
Fixed Income – Storm Securitization Bonds Storm Securitization Bonds Summary of Terms Ratings Other Information Certificates 23
Slide 24: The final category has information on our equity unit transactions
The final category in the Fixed Income section has pertinent information on our equity unit transactions Prospectus Term Sheets 24
Slide 25: Fixed Income - Equity Units - 2010 Prospectus
Fixed Income – Equity Units – 2010 Prospectus 2010 Equity Units 7,000,000 Equity Units Conversion Premium: 25% Coupon: 7.0% Net Proceeds $339.5 MM 25
Slide 26: Agenda
Agenda • Overview of Website • Investor Relations Website • Fixed Income Website • Outreach efforts to Fixed Income Investors 26
Slide 27: Fixed Income Outreach Efforts
We pride ourselves on accessing multiple markets for capital and are working to better explain our strategy and specific transactions Fixed Income Outreach Efforts • Our intent is to have periodic, regular meetings with Fixed Income Analysts and Investors • We are working to include additional infor
Slide 28: NEXTe@ra:
NEXTe@ra: ENERGY &
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