New Era Energy plans to issue $2 billion equity units
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Gelonghui, February 26|NextEra Energy announced plans to sell $2 billion in equity units through a public offering. The company will grant underwriters an option to purchase an additional $300 million in equity units to cover over-allotments. The net proceeds from the sale will be added to the general funds of NextEra Energy Capital Holdings. The subsidiary expects to use these funds to provide financing for energy and power project investments and for other general corporate purposes, including the repayment of a portion of its outstanding commercial paper debt.
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