NextEra Energy establishes $4 billion equity distribution program

NextEra Energy Inc. (NYSE: NEE) entered into an equity distribution agreement on December 31, 2025, establishing a program to sell up to $4 billion in common stock through multiple financial institutions.

The agreement involves seven agents: BNY Mellon Capital Markets LLC, BofA Securities Inc., Capital One Securities Inc., Credit Agricole Securities (USA) Inc., J.P. Morgan Securities LLC, Mizuho Securities USA LLC and Wells Fargo Securities LLC. Under the arrangement, NextEra Energy may offer and sell common stock with $0.01 par value through these agents or directly to them as principals.

The company can execute sales on a periodic basis rather than in a single transaction. The agreement implements an at-the-market equity issuance program that NextEra Energy announced at its December 2025 investor conference.

At-the-market programs allow companies to sell shares gradually into the existing trading market at prevailing market prices, rather than through traditional underwritten offerings. This structure provides flexibility in timing and pricing for equity raises.

The information is based on a company press release statement.

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