BUZZ-NextEra shares dip after $2 billion equity offer

Reuters
02/26
BUZZ-NextEra shares dip after $2 billion equity offer

** Shares of U.S. utility NextEra Energy NEE.N down 1.7% at $93.59

** Co says it plans to sell $2  billion in equity units, with a $300  million over-allotment option

** Co says net proceeds will help fund energy and power investments and general corporate purposes, including paying down commercial paper

** Co says Wells Fargo Securities, BofA Securities, Citigroup and Mizuho will be joint book-running managers for the offering

** Including session's move, NNE up 16.9% YTD

(Reporting by Varun Sahay in Bengaluru)

((Varun.sahay@thomsonreuters.com))

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