Hunton Advises on NextEra Energy, Inc.’s Establishment of $4B ATM Program
Hunton Andrews Kurth LLP advised the sales agents in connection with NextEra Energy, Inc.’s (“NEE”) establishment of an at-the-market program to sell up to an aggregate offering price of $4 billion of NEE’s common stock from time to time through the sales agents.
NEE is a holding company incorporated in 1984 as a Florida corporation and conducts its operations principally through its wholly owned subsidiaries, Florida Power & Light Company (“FPL”) and, indirectly through NextEra Energy Capital Holdings, Inc., NextEra Energy Resources, LLC and NextEra Energy Transmission, LLC (collectively “NEER”). FPL is a rate-regulated electric utility engaged primarily in the generation, transmission, distribution and sale of electric energy in Florida. NEER currently owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets in the U.S. and Canada.
The Hunton team included Steven C. Friend, Jingyi “Alice” Yao, Ryan Metz, and Catherine Bulger.
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