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NextEra Energy announces settlement rate for corporate units issued in September 2013

JUNO BEACH, Fla., Aug. 30, 2016 /PRNewswire/ -- NextEra Energy, Inc. (NEE) today announced the settlement rate for the stock purchase contracts that are components of corporate units (NYSE:NEE PR P) that it issued in September 2013. Holders of the corporate units will receive 0.5101 shares of NextEra Energy common stock for each stock purchase contract that they hold. The settlement rate is based upon the average of the closing price per share of NextEra Energy common stock on the New York Stock Exchange for the 20 consecutive trading days ending on Aug. 29, 2016.

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NextEra Energy, Inc. logo. (PRNewsFoto/NextEra Energy, Inc.)

Consequently, on Sept. 1, 2016, each holder of the corporate units on that date will, following payment of $50.00 for each unit which it holds, receive 0.5101 shares of NextEra Energy common stock for each such unit. The holders' obligations to make such payments will be satisfied with proceeds generated...


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