Hunton Andrews Kurth LLP advised the underwriters on the sale of $1.5 billion stated amount of equity units of NextEra Energy, Inc. ("NEE"). Each equity unit consists of a contract to purchase NEE common stock in the future, and a 5 percent undivided beneficial ownership interest in a NextEra Energy Capital Holdings, Inc. ("NEE Capital") debenture due November 1, 2029. The debentures are guaranteed by NEE Capital's parent company, NEE.

NEE is one of the largest electric power and energy infrastructure companies in North America and a leader in the renewable energy industry. NEE has two principal businesses, Florida Power & Light Company (“FPL”) and NextEra Energy Resources, LLC (“NEER FPL is a rate-regulated electric utility engaged primarily in the generation, transmission, distribution and sale of electric energy in Florida.

NEER is the world's largest generator of renewable energy from the wind and sun, as well as a world leader in battery storage. NEER’s strategic focus is centered on the development, construction and operation of long-term contracted assets throughout the U.S. and Canada, primarily consisting of clean energy solutions such as renewable generation facilities and battery storage projects, and electric transmission facilities.

The Hunton Andrews Kurth team included Steven C. Friend, Michelle G. Chan,  Jingyi “Alice” Yao, Monika M. Dziewa and Gabrielle Kraushaar. Robert McNamara, William Freeman, Caitlin Scipioni and Katherine Gallagher provided tax advice. Leslie Okinaka provided ERISA advice.