NextEra Energy Issues $600M in Junior Subordinated Debentures
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Key Takeaways
- NextEra Energy Capital Holdings issued $600 million of 6.50% Series Z Junior Subordinated Debentures.
- The debentures mature on April 15, 2086, with redemption options beginning in April 2031.
- NextEra Energy, Inc. provides a subordinated guarantee for the debt.
- The transaction was reported in a Form 8-K filing dated March 20, 2026.
On March 20, 2026, NextEra Energy (NYSE: NEE) Capital Holdings, Inc. (NEECH), a fully owned subsidiary of NextEra Energy, Inc. (NEE), completed the sale of $600 million principal amount of Series Z Junior Subordinated Debentures. This transaction was disclosed in a Form 8-K filing with the U.S. Securities and Exchange Commission.
The debentures carry a fixed interest rate of 6.50% per annum, with interest payments made quarterly. The securities are scheduled to mature on April 15, 2086.
NEECH has the option to redeem all or part of the debentures starting in April 2031. The debt is guaranteed on a subordinated basis by NextEra Energy, Inc.
The offering was registered under the Securities Act of 1933 through existing registration statements. Legal opinions related to the issuance were provided by Squire Patton Boggs (US) LLP and Morgan, Lewis & Bockius LLP.
