NextEra lands new $750 million credit line

Share

Florida-based power company and renewables developer NextEra Energy Inc has announced a new $750 million credit line for one of the subsidiaries associated with its renewables business.

NextEra Energy Capital Holdings Inc., secured the three-year revolving credit line on Thursday to replace a $500 million facility that expired last Tuesday, NextEra told the U.S. Securities and Exchange Commission (SEC).

The stock market filing indicated the credit line will be used for ‘general corporate purposes.'

NextEra also announced on Thursday that its wholly-owned Trillium Windpower unit has issued notes worth around C$315 million (US$297.5 million) to finance construction of a 147 MW wind farm in Ontario, Canada.

The 20-year notes are set to mature in February 2033.

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Popular content

Panasonic, Innova developing PV-compatible multi-source heat pump combined with PCM

03 October 2024 The novel heat pump concept should enable ready-to-use energy storage even in already existing installations. It features capabilities that easily det...

Share

Leave a Reply

Please be mindful of our community standards.

Your email address will not be published. Required fields are marked *

By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.

Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.

You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.

Further information on data privacy can be found in our Data Protection Policy.