NextEra Energy (NEE) announced that it intends to sell $1.5B of equity units. The net proceeds from the sale of the equity units, which are expected to be approximately $1.45B, will be added to the general funds of NextEra Energy Capital Holdings. 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.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NEE:
- NextEra Energy price target raised to $82 from $80 at Barclays
- NextEra Energy price target raised to $90 from $85 at Argus
- NextEra Energy price target raised to $92 from $90 at Guggenheim
- NextEra Energy (NYSE:NEE) Is Interested in Reopening Iowa Nuclear Plant
- NextEra Energy says interest in restarting Iowa nuclear plant, Bloomberg says