in News Departments > FYI
print the content item

NextEra Energy Inc., a Florida-based clean energy company, plans to make an offering of 11.1 million shares of its common stock in a registered underwritten public offering. The company says it will use net proceeds to fund investments in energy and power projects, including renewable power projects, and for other general corporate purposes.

Of the shares being offered, NextEra Energy expects to issue and sell 4.5 million shares to the underwriters in the offering, and subject to certain conditions, the forward counterparty (or its affiliate) is expected to borrow and sell to the underwriters 6.6 million shares in connection with a forward sale agreement. NextEra Energy will issue and sell additional shares to the underwriters to the extent that the forward counterparty (or its affiliate) does not borrow and sell such number of shares. Closing of this offering is expected to occur on or about Nov. 22.



Trachte Inc._id1770
Latest Top Stories

Recapping The Wind Industry's Third-Quarter Deals

Mercom Capital Group recaps investment and merger and acquisition activity during July, August and September.


Yearly Installed Capacity Figures Already Beat 2013 Numbers, More Wind On The Way: AWEA

While the American Wind Energy Association (AWEA) lobbies Congress to extend the production tax credit, the association notes wind projects now under construction signal a vibrant 2015.


Yahoo Inks Contract To Buy Kansas Wind Power

The Internet company plans to log in to the Alexander wind project, which is being built by community developer OwnEnergy.


Could Initial Offshore Wind Projects Crash New England's REC Market?

Some are concerned that the first offshore wind projects could negatively impact pricing of renewable energy credits (RECs) in New England.


Catching Up With The DOE's Down-Select Offshore Winners

The three recipients of key U.S. Department of Energy (DOE) funding provide updates on their offshore wind demonstration projects.

Hybrid Energy Innovations 2015
Canwea_id1984
Renewable NRG_id1934