NextEra Energy Intends To Sell $1.5B Of Equity Units
Portfolio Pulse from Benzinga Newsdesk
NextEra Energy plans to sell $1.5 billion in equity units, with net proceeds of approximately $1.45 billion. The funds will be used for investments in energy projects and general corporate purposes, including debt repayment.
October 28, 2024 | 8:16 pm
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NextEra Energy is selling $1.5 billion in equity units to raise approximately $1.45 billion. The proceeds will be used for energy investments and debt repayment.
The sale of equity units will provide NextEra Energy with significant capital to invest in energy projects and reduce debt, which is likely to be viewed positively by investors. This move can enhance the company's growth prospects and financial stability.
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