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United States

NextEra Energy Inc (NEE)

NEE on New York Consolidated

116.76USD
9 Dec 2016
Change (% chg)

$-0.11 (-0.09%)
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Latest Key Developments (Source: Significant Developments)

NextEra Energy announces common stock offering
Tuesday, 1 Nov 2016 04:21pm EDT 

NextEra Energy Inc : Says offering 12.0 million common shares .NextEra Energy announces common stock offering.  Full Article

NextEra Energy and Oncor Electric Delivery Company file joint merger approval application with the Public Utility Commission of Texas
Monday, 31 Oct 2016 05:26pm EDT 

NextEra Energy Inc : NextEra Energy and Oncor Electric delivery company file joint merger approval application with the public utility commission of Texas . NextEra Energy Inc - Oncor name, local management and Dallas headquarters will be maintained . NextEra energy - Upon close, Oncor CEO Bob Shapard to chair oncor board and Oncor SVP, general counsel and secretary Allen Nye to become Oncor CEO .NextEra Energy Inc - All debt that resides directly above oncor will be extinguished with respect to deals.  Full Article

Energy Future Holdings appoints Paul Keglevic as CEO, Chief Restructuring Officer
Monday, 17 Oct 2016 11:26am EDT 

Energy Future Holdings:Energy Future Holdings - Appointed Paul Keglevic as CEO, Chief Restructuring Officer; Anthony Horton as Executive Vice President, CFO, Treasurer.  Full Article

Nextera Energy says the parties to Energy Future merger agreement entered into an amendment - SEC filing
Tuesday, 20 Sep 2016 04:27pm EDT 

Nextera Energy Inc : Says on September 18, 2016, the parties to Energy Future merger agreement entered into an amendment - SEC filing . Says amendment increases the “merger sub cash amount” by $300 million to $4.396 billion .Says amendment increases total consideration for the transaction to be funded by NEE to $9.796 billion.  Full Article

U.S. Bankruptcy court approval for Energy Future Holdings to enter into merger agreements with Nextera Energy
Monday, 19 Sep 2016 03:42pm EDT 

Nextera Energy : Nextera Energy -U.S. Bankruptcy court approval for Energy Future Holdings to enter into merger agreements with Nextera Energy represents important next step in overall process toward acquisition of oncor . Nextera Energy -With proposed transaction, all debt that resides above Oncor and Energy Future intermediate holding company will be extinguished .Nextera Energy -Expects to file soon with Oncor a joint application with public utility commission of Texas requesting approval of proposed transaction.  Full Article

Nextera to acquire indirect 24 pct interest in Desert Sunlight Investment
Thursday, 8 Sep 2016 04:29pm EDT 

Nextera Energy Partners Lp : Nextera Energy Partners LP announces agreement to acquire indirect 24 percent interest in Desert Sunlight Investment Holdings, Llc . Nextera Energy says deal for $218 million . Nextera Energy Partners Lp says expects to fund transaction through net proceeds of an issuance of common units . Purchase price considers $258 million of existing non-recourse project debt and is subject to working capital adjustments . Says expects deal to contribute adjusted EBITDA of about $43 million to $53 million on annual run rate basis as of Dec. 31, 2016 . Acquisition is expected to contribute to an increase in Q3 distribution to an annualized rate of $1.365 per common unit .Sees deal to increase co's estimated incremental debt capacity at holding company to approximately $375 million to $475 million.  Full Article

Nextera announces offering of common units with limited partner interests in co
Thursday, 8 Sep 2016 04:29pm EDT 

Nextera Energy Partners : Nextera Energy Partners Lp announces offering of common units .Agreement with six financial institutions to sell 10.4 million newly issued common units representing limited partner interests in Nextera Energy Partners.  Full Article

Nextera Energy reaches agreements with global financial institutions for Oncor transaction
Monday, 29 Aug 2016 06:45am EDT 

Nextera Energy Inc : Nextera Energy reaches agreements with global financial institutions for Oncor transaction . Says secured access to a broad contingent of leading financial institutions to act as financial advisors . Contingent of financial institutions is led by Credit Suisse Securities (USA) LLC and Bank of America Merrill Lynch among others . Nextera Energy Inc says Co to fund $9.5 billion, primarily for repayment of about all of Energy Future Intermediate Holding Company LLC debt . Says expected that certain creditors will be paid primarily in cash with remainder in nextera energy common stock . Says intends to repay in full efih first lien Debtor-In-Possession ("DIP") financing facility . Intends to use combination of debt, convertible equity units and proceeds from asset sales to fund cash being provided to creditors . Oncor transaction is not subject to any financing contingencies . Says to repay dip financing facility using cash financed by a non-efh/oncor Nextera Energy affiliate upon closing . Nextera Energy Inc says expected that certain creditors will be paid primarily in cash with remainder in Nextera Energy common stock .As part of Energy Future Holdings' plan of reorganization, transaction would extinguish all efh,efih debt currently existing above Oncor.  Full Article

NextEra Energy to sell $1.50 billion of equity units
Tuesday, 2 Aug 2016 04:39pm EDT 

NextEra Energy Inc : NextEra Energy to sell equity units . It intends to sell $1.50 billion of equity units . Equity unit will be issued in a stated amount of $50 .Net proceeds from sale of equity units will be added to general funds of Nextera Energy Capital Holdings.  Full Article

Nextera Energy to sell certain assets for $760
Friday, 29 Jul 2016 07:30am EDT 

Nextera Energy Inc : Nextera Energy Resources agrees to sell Pennsylvania gas generating assets to Starwood Energy . Deal for $760 million . Nextera Energy Resources sees sale to result in net proceeds of about $255 million after repayment of existing project related financing .Nextera Energy Resources LLC to sell interest in Marcus Hook generating assets to investment unit of Starwood Energy Group Global Llc.  Full Article

Energy Future bankruptcy exit hearings set for February

WILMINGTON, Del. Texas power company Energy Future Holdings Corp will start hearings in February to confirm its Chapter 11 bankruptcy exit plan and its proposed sale of its power lines business to NextEra Energy Inc for $18.6 billion, a judge said on Thursday.