NextEra Energy Shares Fall After Announcing $2 Billion Equity Units Sale

The renewable energy giant plans to use the funds for new projects and debt reduction

NextEra Energy's stock dropped nearly 5% following the announcement of the equity units sale.
The company aims to raise $2 billion to invest in renewable energy projects and reduce debt.
Each equity unit will include a contract to purchase NextEra stock and a stake in a company debenture.
Analysts have mixed reactions, with some viewing the stock drop as a buying opportunity.
NextEra has been a strong performer, gaining 20% year-to-date despite recent declines.