NextEra Energy announced the settlement rate for the stock purchase contracts that are components of corporate units issued in September 2022.
Holders of the corporate units will receive 0.5705 shares of NextEra Energy common stock for each stock purchase contract they hold, with cash to be paid in lieu of any fractional shares. The settlement rate is based upon the average of the closing price per share of NextEra Energy common stock on the New York Stock Exchange for the 20 consecutive trading days ending on August 27, 2025.
Consequently, on September 2, 2025, each holder of the corporate units on that date will receive, following the holder’s payment to NextEra Energy of $50.00 for each unit held, 0.5705 shares of NextEra Energy common stock for each such unit. The holders’ obligations to make such payments will be satisfied with proceeds generated by the successful remarketing on August 1, 2025, of the NextEra Energy Capital Holdings, Inc. debentures that formerly constituted a component of the corporate units.
Upon settlement of all outstanding of these stock purchase contracts, NextEra Energy will receive approximately $2.0 billion in exchange for approximately 22.8 million shares of common stock.
On September 2, 2025, each corporate unit holder of record on August 29, 2025, will receive the final quarterly cash distribution of $0.86575 payable per corporate unit. In addition, holders of corporate units as of September 2, 2025, will receive the remaining amounts from the remarketing described above.
NextEra Energy is one of the largest electric power and energy infrastructure companies in North America and is a leading provider of electricity to American homes and businesses. Headquartered in Juno Beach, Florida, NextEra Energy is a Fortune 200 company that owns Florida Power & Light Company, America’s largest electric utility, which provides reliable electricity to approximately 12 million people across Florida.
