Major hybrid debt and equity raise for expansion

NextEra Energy is undertaking a sizable capital-raising effort, issuing €1.75 billion of long-dated subordinated hybrid debentures alongside a $2 billion public offering of equity units. The funds are earmarked to support energy and renewables projects while the company maintains investor appeal with a 10% dividend increase. Markets initially reacted with a share price dip on announcement, followed by a rebound as details of the financing structure and growth plans became clearer. Together, these transactions highlight NextEra’s strategy to balance growth financing needs with capital structure and shareholder considerations.