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

Federal Appeals Court Finds Obama's Wind Farm Decision Unconstitutional

A federal appeals court ruled that the U.S. government violated the constitutional rights of Chinese-owned Ralls Corp. when ordering the divestment of four Oregon wind farms.


Renewables Make Up Over 50% Of New U.S. Power In First Half Of 2014

According to a recent government report, renewable energy sources, such as wind and solar, continue to dominate new electric generating capacity.


Suzlon Facility Lends Key Assist In Developing 'The Wind Technicians Of Tomorrow'

The turbine manufacturer’s Elgin, Ill.-based training facility is the culmination of a program that puts a new twist on a proven method of instruction.


Having Their Say: CanWEA Clarifies True Source Of Canadian Wind Success

The Canadian Wind Energy Association (CanWEA) takes issue with a recent report summary regarding various renewable energy policies in North America.


FWS Issues Landmark Eagle Take Permit: What Does It Mean For Wind Projects?

The U.S. Fish and Wildlife Service's (FWS) recent decision has far-ranging implications for operating wind farms, as well as for those under development.

Renewable NRG_id1934
Navigant_id1983