Hunton Andrews Kurth Advises on NextEra Energy Capital Holdings, Inc. $1.1 Billion Debentures Offering
August 28, 2018
Hunton Andrews Kurth LLP advised the underwriter on an SEC-registered offering by NextEra Energy Capital Holdings, Inc. (NEE Capital) of (i) $716 million aggregate principal amount of Floating Rate Debentures, Series due August 21, 2020 and (ii) $425 million aggregate principal amount of Floating Rate Debentures, Series due August 28, 2021. 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 has two principal businesses, Florida Power & Light Company (FPL) and NextEra Energy Resources, LLC (NEER). FPL is the largest electric utility in the state of Florida and one of the largest electric utilities in the U.S. NEER is the world's largest operator of wind and solar projects.
The Hunton Andrews Kurth team included Steve Friend and Brendan P. Harney.