新纪元能源美股招股说明书(2026-02-19版)

€ €% SeriesX Junior Subordinated Debentures due February, 2056€% SeriesY Junior Subordinated Debentures due February, 2056 The Junior Subordinated Debentures will beUnconditionally and Irrevocably Guaranteed by NextEra Energy, Inc. The SeriesX Junior Subordinated Debentures due February, 2056 (the “SeriesX Junior Subordinated Debentures”) will bearinterest (i)from and including the date of original issuance to but excluding February, 2032 (the “SeriesX Junior SubordinatedDebenture First Interest Reset Date”) at an annual rate of%, (ii) from and including the SeriesX Junior Subordinated DebentureFirst Interest Reset Date to but excluding February, 2037 (the “SeriesX Junior Subordinated Debenture First Step-Up Date”) at anannual rate equal to the Five-Year Swap Rate (as defined herein) plus% (the “Initial SeriesX Junior Subordinated DebentureMargin”), (iii) during each SeriesX Junior Subordinated Debenture Interest Reset Period (as defined herein) from and including theSeriesX Junior Subordinated Debenture First Step-Up Date to but excluding February, 2052 (the “SeriesX Junior SubordinatedDebenture Second Step-Up Date”), at an annual rate equal to the applicable Five-Year Swap Rate plus the Initial SeriesX JuniorSubordinated Debenture Margin plus 0.25%, and (iv)from and including the SeriesX Junior Subordinated Debenture SecondStep-Up Date at an annual rate equal to the Five-Year Swap Rate plus the Initial SeriesX Junior Subordinated Debenture Margin plus1.00%. The interest rate on the SeriesX Junior Subordinated Debentures will reset on the SeriesX Junior Subordinated DebentureFirst Interest Reset Date and on each fifth anniversary thereof (each, a “SeriesX Junior Subordinated Debenture Interest ResetDate”). The period from (and including) a SeriesX Junior Subordinated Debenture Interest Reset Date to (but excluding) the nextSeriesX Junior Subordinated Debenture Interest Reset Date (or February, 2056 with respect to the SeriesX Junior SubordinatedDebenture Interest Reset Date occurring on the SeriesX Junior Subordinated Debenture Second Step-Up Date) is referred to hereinas a “SeriesX Junior Subordinated Debenture Interest Reset Period.” The information in this preliminary prospectus supplement is not complete and may be changed. Neither this preliminary prospectussupplement nor the accompanying prospectus is an offer to sell these securities and neither is soliciting any offer to buy thesesecurities in any jurisdiction where the offer or sale is not permitted.The SeriesY Junior Subordinated Debentures due February, 2056 (the “SeriesY Junior Subordinated Debentures” andtogether with the SeriesX Junior Subordinated Debentures, the “Junior Subordinated Debentures”) will bear interest (i)from andincluding the date of original issuance to but excluding February, 2036 (the “SeriesY Junior Subordinated Debenture First InterestReset Date” and together with the SeriesX Junior Subordinated Debenture First Interest Reset Date, a “First Interest Reset Date”) atan annual rate of% and (ii)during each SeriesY Junior Subordinated Debenture Interest Reset Period (as defined herein) at anannual rate equal to the applicable Five-Year Swap Rate plus% (the “Initial SeriesY Junior Subordinated Debenture Margin”) plus0.25%. The interest rate on the SeriesY Junior Subordinated Debentures will reset on the SeriesY Junior Subordinated DebentureFirst Interest Reset Date and on each fifth anniversary thereof (each,a “SeriesY Junior Subordinated Debenture Interest Reset Date”and together with each SeriesX Junior Subordinated Debenture Interest Reset Date, each an “Interest Reset Date”). The period from(and including) a SeriesY Junior Table of Contents Subordinated Debenture Interest Reset Date to (but excluding) the next SeriesY Junior Subordinated Debenture Interest Reset Date (or February,2056 with respect to the SeriesY Junior Subordinated Debenture Interest Reset Date occurring on February, 2051) is referred to herein as a “SeriesYJunior Subordinated Debenture Interest Reset Period.” Interest on the Junior Subordinated Debentures will be payable annually in arrears on Februaryof each year, beginning February, 2027. TheJunior Subordinated Debentures will be issued in minimum denominations of €100,000 and integral multiples of €1,000 in excess thereof. NextEraEnergy Capital Holdings, Inc. (“NEE Capital”), at its option, may redeem the Junior Subordinated Debentures of each series at the times and pricesdescribed in this prospectus supplement. NEE Capital may defer interest payments on the Junior Subordinated Debentures of a particular series on one or more occasions for up to fiveconsecutive years per deferral period as described in this prospectus supplement. Deferred interest payments will accrue additional interest at a rateequal to the interest rate then applicable to the Junior Subordinated Debentures of such series, to the extent permitted by applicable law. NEE Capital intends to apply to list each series of the Juni