News Releases

Read news releases from NextEra Energy, Florida Power & Light Company and NextEra Energy Resources.

FPL Group Capital announces sale of $400 million of debentures

JUNO BEACH, Fla. – FPL Group Capital Inc today announced the sale on Aug. 26, 2010, of $400 million in principal amount debentures. The debentures bear interest at 2.60 percent per year and will mature Sept. 1, 2015. The debentures will be guaranteed by FPL Group Capital’s parent company, NextEra Energy, Inc. (NYSE: NEE).

The debentures were offered to the public at 99.967 percent of face value to yield 2.607 percent when held to maturity. Net proceeds from these sales will be added to FPL Group Capital’s general funds, which the company expects to use to repay all or a portion of its debt under certain term-loan agreements. After repaying all or a portion of that debt, FPL Group Capital expects to use its general funds for other general corporate purposes, including the repayment of a portion of its outstanding commercial paper.

A prospectus relating to these debentures may be obtained from the underwriters, Barclays Capital Inc., BNP Paribas Securities Corp., Morgan Stanley & Co. Incorporated and RBS Securities Inc.

NextEra Energy, Inc.
NextEra Energy, Inc. 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.

Featured Stories
Aug 20, 2020

In Morrow County, Oregon, construction is well underway on the wind portion of one of NextEra Energy Resources’ first trifecta renewable energy projects.

Apr 20, 2020

All across the country, people are fighting the coronavirus pandemic. We are all in this together. Mark Prohaska, a NextEra Energy employee, jumped into action when he saw a way to help.

Journalists can reach a NextEra Energy spokesperson 24 hours a day, 7 days a week.

561-694-4442

Media.Relations@NextEraEnergy.com

Subscribe

Sign up to receive press release email alerts.

Sign Up