NextEra Energy $1.25 Billion Debentures

Hunton Andrews Kurth LLP advised the underwriters on an SEC-registered offering by NextEra Energy Capital Holdings, Inc. of $1.25 billion aggregate principal amount of debentures due May 1, 2025.

NextEra Energy Capital Holdings, Inc., a wholly-owned subsidiary of NextEra Energy, Inc. (NEE), sold $1.25 billion principal amount of its 2.75% Debentures, Series due May 1, 2025.

The debentures are fully and unconditionally guaranteed by NextEra Energy, Inc. (NEE), the parent company of NEE Capital.

NEE is one of the largest electric power and energy infrastructure companies in North America and a leader in the renewable energy industry. NEE’s principal subsidiaries are Florida Power & Light Company, which serves more than five million customer accounts in Florida and is one of the largest rate-regulated electric utilities in the United States, and NextEra Energy Resources, LLC, which, together with its affiliated entities, is the largest generator in North America of renewable energy from the wind and sun. Through its subsidiaries, NEE generates clean, emissions-free electricity from eight commercial nuclear power units in Florida, New Hampshire, Iowa and Wisconsin.

The underwriters: BNP Paribas Securities Corp., Credit Agricole Securities (USA) Inc., Credit Suisse Securities (USA) LLC, Scotia Capital (USA) Inc., TD Securities (USA) LLC, CIBC World Markets Corp., Fifth Third Securities, Inc., KeyBanc Capital Markets Inc., Regions Securities LLC, SMBC Nikko Securities America, Inc., U.S. Bancorp Investments, Inc.,Wells Fargo Securities, LLC.

NextEra Energy Capital Holdings, Inc. operates as a holding company. The Company, through its subsidiaries, develops, constructs, operates and manages wind and solar energy plants, electric transmission lines, natural gas pipelines and energy storage facilities. NextEra Energy Capital Holdings serves clients across North America.

The Hunton Andrews Kurth team included Steve Friend (Picture), Brendan P. Harney, Shelby Stanton and Mae Ji. Robert J. McNamara and Tim Strother provided tax advice.

Involved fees earner: Steven Friend – Hunton Andrew Kurth; Brendan Harney – Hunton Andrew Kurth; Robert McNamara – Hunton Andrew Kurth; Shelby Stanton – Hunton Andrew Kurth; Tim Strother – Hunton Andrew Kurth;

Law Firms: Hunton Andrew Kurth;

Clients: NextEra Energy, Inc.;

Author: Ambrogio Visconti