NEE · 8-K · 20261105PR000084

Merger-Related Transaction Costs

NEXTERA ENERGY INC · 2026-11-05 · Importance 52 · Surprise 42 · In source text

NEE estimates combined merger-related transaction costs of approximately $500 million, including investment banker, advisory, legal, valuation and other professional fees. NEE recorded $85 million of merger-related expenses during the nine months ended September 30, 2026, leaving $415 million reflected as a pro forma adjustment at September 30, 2026. Approximately $250 million of fees are expected to be paid at closing, with the remainder reflected in other current liabilities. The costs are non-recurring, and the pro forma statement for 2025 includes a $600 million merger-expense adjustment.

Key facts

• NEE’s estimated combined merger-related transaction costs are approximately $500 million. source
• Approximately $250 million of merger-related fees are expected to be paid at closing. source
• NEE recognized $85 million of merger-related expenses during the nine months ended September 30, 2026, leaving $415 million reflected as a pro forma adjustment at September 30, 2026. source
• The pro forma adjustment reflects an $88 million estimated tax benefit related to the tax-deductible portion of merger-related costs for 2025. source
• NEE’s estimated merger-related transaction costs include investment banker, advisory, legal, valuation, and other professional fees and are non-recurring. source

Impact estimates