NextEra Energy Stock Drops After Announcing Plans To Sell $2B of Equity Units
NEENextEra Energy(NEE) Investopedia·2024-06-19 02:41

Key Takeaways NextEra Energy said it plans to sell about $2 billion of equity units, which will require purchasers to buy its stock. NextEra said it will use the money raised to fund investments in new projects and possibly to pay back debt. The offer will also include a debenture in the company's NextEra Energy Capital Holdings unit. NextEra Energy shares declined in intraday trading Tuesday following the news. NextEra Energy (NEE) shares dropped over 3% in intraday trading Tuesday after the renewable ener ...