NextEra Energy Subsidiary Sells $3.75 Billion in Junior Subordinated Debentures

NextEra Energy, Inc. announced that its subsidiary, NextEra Energy Capital Holdings, Inc. (NEECH), completed the sale of $3.75 billion in aggregate principal amount of Junior Subordinated Debentures on June 22, 2026. The offering is comprised of three separate series with varying maturities and interest rate structures.

Key Details

• Offering Breakdown: The sale includes $1.0 billion of 6.000% Series AA debentures due 2056, $1.25 billion of 6.200% Series BB debentures due 2056, and $1.5 billion of 6.625% Series CC debentures due 2066.
• Interest Rate Terms: Each series has an initial fixed interest rate until 2031, 2036, and 2046, respectively. Thereafter, the rates will convert to a floating rate based on the Five-Year Treasury Rate plus a margin, reset every five years.
• Guarantee & Redemption: The debentures are guaranteed by the parent company, NextEra Energy, Inc., on a subordinated basis. NEECH has the option to redeem the debentures beginning in 2031, 2036, and 2046 for the respective series.