Hunton & Williams Advises on NextEra Energy Capital Holdings, Inc. $1.25 Billion Debentures Offering

Hunton & Williams LLP advised the underwriters on an SEC-registered offering by NextEra Energy Capital Holdings, Inc. (NEE Capital) of $1.25 billion aggregate principal amount of debentures due 2027.  The debentures are fully and unconditionally guaranteed by NextEra Energy, Inc. (NEE), the parent company of NEE Capital. 

NEE, which has approximately 45,900 MW of generating capacity, is one of the largest electric power companies in North America with electric generating facilities located in 30 states in the United States, 4 provinces in Canada and in Spain, and employing approximately 14,700 people as of year-end 2016. Headquartered in Juno Beach, Fla., NEE conducts its operations principally through two wholly owned subsidiaries, Florida Power & Light Company (FPL) and NextEra Energy Resources, LLC (NEER). NEE Capital owns and provides funding for NEER’s and NEE’s operating subsidiaries, other than FPL and its subsidiaries. NEE provides retail and wholesale electric services to over 5.4 million customers and owns generation, transmission and distribution facilities to support its services, as well as has investments in gas infrastructure assets. Additionally, NEE is the largest generator in North America of renewable energy from the wind and sun.

The Hunton & Williams LLP team included Steven Friend and Patrick Jamieson. Cary Tolley and Anna Page provided tax advice.