Liquidity

Credit Facility Overview

Credit Facility Overview

NextEra Energy and its subsidiaries require substantial amounts of liquidity to support and grow its businesses. In addition to its strong access to the capital markets, NextEra Energy has partnered with a large and diverse bank group to provide one of the most robust credit facilities in the industry. With credit facilities of over $23 billion, NextEra Energy is well positioned to execute on its capital investment plans, through all industry cycles.

$ millions FPL NEECH Total

Corporate credit facilities(1)

- Various maturity dates
(February 2026 to February 2030)

- Syndicated, 42 banks participating

 $2,846 $8,519 $11,365

Global credit facilities

- FPL facility maturity in April 2028

- NEECH facility maturity in
November 2025

- Syndicated, 32 banks participating

 $500 $2,000 $2,500

Bilateral letter of credit facilities(2)

- Various NEECH maturity dates
(June 2025 to June 2028) 

11 individual bilateral facilities 

 - $3,821 $3,821

Bilateral revolving credit facilities(3)

- Various FPL facility maturity dates
(August 2025 to May 2028)

- Various NEECH facility maturity dates (September 2025 to August 2027) 

- 33 individual bilateral facilities

 $2,580 $3,550 $6,130
$5,926 $17,890 $23,816

Data as of June 30, 2025

 

1) ~$3,239 million matures in February 2026; $295 million matures in February 2028; and $7,830 million matures in February 2030

2) $766 million in bi-lateral letter of credit facilities expire over the next 12 months

3) $4,175 million in bi-lateral revolving credit facilities expire over the next 12 months

Largest Portfolio of Corporate Credit Facilities in the Industry

Corporate Credit Facilities(1)   Color
NEE 23.8 #30a310
Peer A 9.9 #007db6
Peer B 9.9 #007db6
Peer C 9.0 #007db6
Peer D 8.8 #007db6
Peer E 8.1 #007db6
Peer F 7.7 #007db6
Peer G 6.0 #007db6
Peer H 5.9 #007db6
Peer I 4.9 #007db6
Peer J 4.8 #007db6

Source: Bank of America Merrill Lynch for all peer related information as of December 31, 2024; NextEra data as of June 30, 2025

 

Debt Maturity Profile

We have financed our businesses such that our maturity profile roughly matches our assets’ lives and maturities are highly manageable; we further benefit from continued access to the capital markets.

  • Debt Maturity Profile
  • Peer Comparison
  • Debt Maturity Profile
  • Peer Comparison
  FPL
2025 600
2026 641
2027 328
2028 1992
2029 948
2030 500
2031 0
2032 1500
2033 1943
2034 1868
2035 734
2036 219
2037 668
2038 600
2039 630
2040 625
2041 650
2042 1613
2043 90
2044 729
2045 85
2046 121
2047 760
2048 1555
2049 1576
2050 50
2051 1200
2052 96
2053 750
2054 1194
2055 950
2056 0
2057 0
2058 0 
2059 0
2060 0
2061 0
2062 0
2063 0
2064 0
2065 700 
2066 0
2067 0
2068 193
2069
 43
2070 320
2071 325
2072 444
2073 485
2074 167
2075 0
2076 0
2077 0
2078 0
2079 0
2080 0
2081 0 
2082 0
  Capital Holdings
2025 2688
2026 1924
2027 7040
2028 4250
2029 5881
2030 3869
2031 731
2032 2687
2033 1000
2034 1100
2035 2023
2036 0
2037 0
2038 0
2039 0
2040 0
2041 0
2042 0
2043 0
2044 0
2045 0
2046 0
2047 0
2048 0
2049 0
2050 0
2051 0
2052 424
2053 1013
2054 3000 
2055 3756
2056 0
2057 755
2058 0
2059 0
2060 0
2061 0
2062 275
2063 0
2064 0
2065 0
2066 319
2067 312
2068 0
2069
 0
2070 0
2071 0
2072 0
2073 0
2074 0
2075 0
2076 0
2077 550
2078 0
2079 1188
2080 0
2081 0
2082 600
  Energy Resources (self-amortizing debt)
2025 396
2026 253
2027

4270
2028 2644
2029 3154
2030 38
2031 243
2032 878
2033 284
2034 155
2035 76
2036 51
2037 49
2038 0
2039 95
2040 59
2041 19
2042 1158
2043 0
2044 97
2045 0
2046 0
2047 308
2048 7
2049 1172
2050 0
2051 0
2052 58
2053 0
2054 70
2055 0
2056 0
2057 0
2058 0
2059 0
2060 260
2061 0
2062 0
2063 0
2064 0
2065 0
2066 0
2067 0
2068 0
2069
 0
2070 0
2071 0
2072 0
2073 0
2074 0
2075 0
2076 0
2077 0
2078 0
2079 0
2080 0
2081 0
2082 0

Data as of June 30, 2025

Peer Debt Profile(1)

1) Figures reflect total debt, including tax-exempt debt and Junior Subordinated Notes; tenors are based on the final maturity dates of the debt or next remarketing date, if applicable; floating interest rates are based on applicable floating rate resets as of 12/31/2022; fixed and floating interest rates are adjusted for interest rate hedges; does not include nonrecourse / project-level finance debt or hedges

Source: Company Filings & Bank of America; data as of December 31, 2022