NextEra Energy raised $2B via equity units to fund projects, with shares dipping in premarket.

NextEra Energy announced a $2 billion public offering of equity units, with an additional $300 million available if needed, to fund energy projects and general corporate purposes. Each $50 unit includes a future stock purchase contract and two series of guaranteed debentures due in 2031 and 2034. The stock purchase, priced at a 0% to 25% premium based on a 20-day average ending Feb. 12, 2029, will be settled using proceeds from debenture remarketing. The offering is managed by Wells Fargo Securities, BofA Securities, Citigroup, and Mizuho. NextEra’s shares fell nearly 1% in premarket trading.