Hunton Andrews Kurth Advises Underwriters on $2.7 Billion SEC-Registered Debentures Offering by NextEra Energy Capital Holdings, Inc.

Hunton Andrews Kurth LLP advised the underwriters on an SEC-registered offering by NextEra Energy Capital Holdings, Inc. (NEE Capital) of $1 billion aggregate principal amount of 2.90% debentures, series due April 1, 2022, $900 million aggregate principal amount of 3.15% debentures, series due April 1, 2024, $300 million aggregate principal amount of 3.25% debentures, series due April 1, 2026, and $500 million aggregate principal amount of 3.50% debentures, series due April 1, 2029. The debentures are fully and unconditionally guaranteed by NextEra Energy, Inc. (NEE), the parent company of NEE Capital. NEE Capital intends to use the net proceeds from the offering to finance a portion of the purchase price paid by NEE for the acquisition of Gulf Power Company on January 1, 2019.

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, Patrick Jamieson, S. Ashley Jaber and Shelby Stanton. Cary Tolley and Kimberly Nolte provided tax advice.