Florida Power & Light Completes $2.25 Billion First Mortgage Bond Sale

NextEra Energy's subsidiary, Florida Power & Light Company (FPL), sold $2.25 billion in aggregate principal amount of its First Mortgage Bonds on June 1, 2026. The offering is comprised of three distinct series of bonds with varying interest rates and long-term maturity dates.

Key Details

• Total Offering: $2.25 billion raised through the sale of three series of First Mortgage Bonds.
• 2036 Bonds: $600 million principal amount of 5.125% bonds, due June 1, 2036.
• 2056 Bonds: $600 million principal amount of 5.750% bonds, due June 1, 2056.
• 2066 Bonds: $1.05 billion principal amount of 5.900% bonds, due June 1, 2066.