NextEra Energy announces sale of equity units - September 2010 2
Sep 14, 2010

JUNO BEACH, Fla. – NextEra Energy, Inc. (NYSE:NEE) announced today that it intends to sell $350 million of equity units.  

Each equity unit will have a stated amount of $50. Each equity unit will consist of a contract to purchase NextEra Energy common stock in the future and a 1/20th, or 5 percent, undivided beneficial ownership interest in an FPL Group Capital Inc debenture due Sept. 1, 2015, in the principal amount of $1,000. The debentures will be guaranteed by FPL Group Capital’s parent company, NextEra Energy, Inc.

The holder would be required to complete the stock purchase by no later than Sept. 1, 2013, and may satisfy its purchase obligation with proceeds raised from remarketing the FPL Group Capital debentures that comprise part of its equity unit.

Net proceeds from the sale of the equity units will be added to FPL Group Capital’s general funds. FPL Group Capital expects to use its general funds to fund investments in independent power projects, including renewable power projects, and for other general corporate purposes, including the repayment of commercial paper.

This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities law of any such jurisdiction. Each offering may be made only by means of a prospectus and the related prospectus supplement, copies of which may be obtained from NextEra Energy, Inc. (Investor Relations, attn: Rebecca J. Kujawa); telephone (561) 694-4697.

NextEra Energy, Inc.
NextEra Energy, Inc. (NYSE: NEE) is a leading clean energy company with 2009 revenues of more than $15 billion, nearly 43,000 megawatts of generating capacity, and more than 15,000 employees in 28 states and Canada. Headquartered in Juno Beach, Fla., NextEra Energy’s principal subsidiaries are NextEra Energy Resources, LLC, the largest generator in North America of renewable energy from the wind and sun, and Florida Power & Light Company, which serves approximately 4.5 million customer accounts in Florida and is one of the largest rate-regulated electric utilities in the country. Through its subsidiaries, NextEra Energy collectively operates the third largest U.S. nuclear power generation fleet. For more information about NextEra Energy companies, visit these websites: www.NextEraEnergy.comwww.NextEraEnergyResources.comwww.FPL.com.