Reported 8 months ago
NextEra Energy announced its plan to sell $2 billion in equity units priced at $50 each to support investments in energy projects, causing shares to fall by about 3.5%. The company, the parent of Florida Power and Light, aims for significant growth in renewables and power demand over the next few years, despite short-term stock pressure. The move also reflects a focus on cybersecurity and climate change resilience in utility operations.
Source: YAHOO