NextEra Energy (NEE) said it entered into an Equity Distribution Agreement on December 31, 2025, enabling the company to offer and sell up to $4B of common stock through an at-the-market (ATM) equity issuance program.
Under the agreement, NextEra may sell shares from time to time through, or directly to, a group of agents that includes BNY Mellon Capital Markets, BofA Securities, Capital One Securities, Credit Agricole Securities (USA), J.P. Morgan Securities, Mizuho Securities USA, and Wells Fargo Securities.
The common stock has a par value of $0.01 per share, and sales may be made either through an agent acting on the company’s behalf or to an agent acting as principal.
The agreement formalizes the company’s earlier disclosure at its December 2025 investor conference, where management announced plans to implement a $4B ATM equity program, providing NextEra with additional financial flexibility to fund ongoing investment needs.