NextEra Energy has agreed to offer 30 million equity units priced at $50 each to a group of underwriters, including Goldman, Sachs & Co, Credit Suisse Securities (USA), and Mizuho Securities USA.
The transaction is expected to close on 8 August 2016, and the net proceeds are intended to fund a proposed acquisition of Energy Future Holdings, to fund investments in energy and power projects, and other general corporate purposes.
Go deeper with GlobalData
Morgan, Lewis & Bockius, and Squire Patton Boggs (US) are acting as legal advisors to NextEra Energy for the offering.
NHPC has announced a private placement of shares to raise approximately Rs30bn ($448.8m).
The offering is being made to fund the construction and development of the Lower Subansiri hydroelectric project in Gerukamukh, India.
Sungrow Power Supply has completed the stock offering of 1.2 billion shares priced at $3.33 each.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataIt has generated $400m from the public offering, which will be used to leverage its solar business, increase investment in research and development (R&D), and promote its photovoltaic (PV) inverter and energy storage product lineups.
