Form 8-K · Current Report · Filed 2024-10-31
NextEra Energy, Inc. Announces Sale of $1.5 Billion Equity Units
On October 31, 2024, NextEra Energy, Inc. (NEE) sold $1.5 billion of equity units to J.P. Morgan Securities LLC, Mizuho Securities USA LLC, and Goldman Sachs & Co. LLC. These equity units require the holders to purchase NEE common stock for cash in approximately three years, based on a price range of $82.87 to $103.58 per share. Each equity unit includes a contract to purchase NEE common stock and an initial 5% undivided beneficial ownership interest in a Series O Debenture issued by NextEra Energy Capital Holdings, Inc. The debentures are guaranteed by NEE and will provide total annual distributions of 7.234%. The equity units were registered under the Securities Act of 1933 and the transaction is reported as an 'Other Event' under Item 8.01 of Form 8-K.
- Filer
- NextEra Energy, Inc. NEE · NYSE
- Filed
- Accession
- 0000753308-24-000059
- CIK
- 0000753308
- Signal
- High impactUtilities
- Source
- Official filing on sec.gov ↗
Items reported
Other Events
Financial Statements and Exhibits
Market reaction
Close before filing
$79.09
Next session
-2.2%
Since filing
+9.9%
Latest close
$86.92
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from NEE reporting the same item, with the next session's move:
Exhibits (2)
About NextEra Energy, Inc.
NextEra Energy, Inc. is a prominent energy company specializing in the generation of renewable energy and other related services. As one of the leading producers of wind and solar energy in the United States, NextEra Energy is pivotal to the transition towards cleaner energy sources. The company's operations are primarily divided into two significant units: Florida Power & Light, which provides regulated energy services, and NextEra Energy Resources, which focuses on non-regulated power generation primarily from renewable energy projects. With an emphasis on sustainability, NextEra Energy plays a crucial role in reducing carbon emissions and promoting sustainable energy practices. It also actively invests in innovative technologies to enhance energy efficiency and reliability. The company’s substantial infrastructure and strategic investments have positioned it as a key player in both domestic and international energy markets, influencing energy policies and setting benchmarks for renewable energy standards.
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