AIFinancial Postabout 4 hours ago
NextEra Tops Hybrid Debt Market on AI Power Boom
1 min read
NextEra Energy became the largest issuer of hybrid bonds worldwide, overtaking Volkswagen and BP after selling three hybrid bonds this week. The Florida utility's rise follows a Moody's methodology change that made hybrid debt more practical for US companies. The bonds help fund spending to meet surging power demand from AI data centers.
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