NextEra Energy SC 13D First Eagle Private Credit Fund / NEXTERA ENERGY ownership change

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. )*

First Eagle Private Credit Fund

(Name of Issuer)

Common shares of beneficial interest, par value $0.001 per share

(Title of Class of Securities)

N/A

(CUSIP Number)

Charles E. Sieving

Executive Vice President & General Counsel of NextEra Energy, Inc.

Executive Vice President of Florida Power & Light Company

700 Universe Boulevard

Juno Beach, Florida 33408

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communication)

July 10, 2023

(Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. [ ]

Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 240.13d-7 for other parties to whom copies are to be sent.

*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

CUSIP No. N/A

SCHEDULE 13D

1	NAMES OF REPORTING PERSONS

		NextEra Energy, Inc.

2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP					(a) ☐
						(b) ☐

3	SEC USE ONLY

4	SOURCE OF FUNDS (See Instructions)

		WC

5	CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)					☐


6	CITIZENSHIP OR PLACE OF ORGANIZATION

		Florida

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH			7	SOLE VOTING POWER

					-0-

			8	SHARED VOTING POWER

					1,000,000

			9	SOLE DISPOSITIVE POWER

					-0-

			10	SHARED DISPOSITIVE POWER

					1,000,000

11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

		1,000,000

12	CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)					☐


13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

		48.6%

14	TYPE OF REPORTING PERSON (See Instructions)

		HC

CUSIP No. N/A

SCHEDULE 13D

1	NAMES OF REPORTING PERSONS

		Florida Power & Light Company

2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP					(a) ☐
						(b) ☐

3	SEC USE ONLY

4	SOURCE OF FUNDS (See Instructions)

		WC

5	CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)					☐


6	CITIZENSHIP OR PLACE OF ORGANIZATION

		Florida

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH			7	SOLE VOTING POWER

					-0-

			8	SHARED VOTING POWER

					1,000,000

			9	SOLE DISPOSITIVE POWER

					-0-

			10	SHARED DISPOSITIVE POWER

					1,000,000

11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

		1,000,000

12	CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)					☐


13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

		48.6%

14	TYPE OF REPORTING PERSON (See Instructions)

		CO

CUSIP No. N/A

SCHEDULE 13D

Item 1. Security and Issuer.

This statement on Schedule 13D (this “Statement”) relates to common shares of beneficial interest, par value $0.001 per share (“Common Shares”), of First Eagle Private Credit Fund, a Delaware statutory trust that has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended (the “Issuer”), with its principal executive offices located at 1345 Avenue of the Americas, 48th Floor, New York, New York 10105.

Item 2. Identity and Background.

(a), (b) and (c) This Statement is being filed by:

1.	NextEra Energy, Inc., a Florida corporation (“NextEra Energy”); and

2.	Florida Power & Light Company, a Florida corporation (“FPL” and, together with NextEra Energy, the “Reporting Persons”).

The address of the principal business office of NextEra Energy and FPL is 700 Universe Boulevard, Juno Beach, Florida 33408.

NextEra Energy is a holding company incorporated in 1984 as a Florida corporation and conducts its operations principally through its wholly owned subsidiaries, FPL and, indirectly through NextEra Energy Capital Holdings, Inc., NextEra Energy Resources, LLC and NextEra Energy Transmission, LLC (collectively “NEER”). FPL is a rate-regulated electric utility engaged primarily in the generation, transmission, distribution and sale of electric energy in Florida. NEER currently owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets in the U.S. and Canada.

FPL has the power and authority to direct the investment and voting decisions of the trustee of the Florida Power & Light Company Qualified Decommissioning Trusts for Turkey Point and St. Lucie Nuclear Plants (the “Trust”). The Trust directly owns the Common Shares that are the subject of this Statement.

The Trust is a nuclear decommissioning trust qualified under Section 468A of the Internal Revenue Code of 1986, as amended, the purpose of which is to hold funds for future decommissioning of nuclear power plants and to comply with any order relating to decommissioning costs of the nuclear plants issued by the Florida Public Service Commission or the Federal Energy Regulatory Commission. The Trust is governed by the laws of the State of Delaware to the extent not superseded by Federal law.

The directors and executive officers of NextEra Energy and FPL are listed on Schedule I attached hereto, which is incorporated herein by reference into this Item 2 (“Schedule 1”).

(d) During the last five years, none of the Reporting Persons, or, to the best knowledge of the Reporting Persons, any of the other persons set forth on Schedule 1, has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).

(e) During the last five years, none of the Reporting Persons or, to the best knowledge of the Reporting Persons, any of the other persons set forth on Schedule 1, has been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and, as a result of such proceeding, was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

Item 3. Source and Amount of Funds or Other Consideration.

The information set forth in Items 4 and 6 hereof is hereby incorporated by reference into this Item 3.

Pursuant to an aggregate capital commitment of $100,000,000, on July 10, 2023, the Trust purchased 1,000,000 Common Shares as an investment at a price of $25.00 per Common Share, for an aggregate purchase price of $25,000,000. The source of funds for such purchase was cash on hand.

Item 4. Purpose of the Transaction.

The information set forth in Items 3 and 6 hereof is hereby incorporated by reference into this Item 4.

Except as described in this Statement, the Reporting Persons do not have any present plans or proposals that relate to or would result in any of the actions described in subparagraphs (a) through (j) of Item 4 of Schedule 13D, although the Reporting Persons, at any time and from time to time, may review, reconsider and change their position and/or change their purpose and/or develop such plans or proposals and may seek to influence management or the Board of the Issuer with respect to the business and affairs of the Issuer.

CUSIP No. N/A

SCHEDULE 13D

Item 5. Interest in Securities of the Issuer.

(a) and (b) The information set forth in Items 7-13 of the cover pages is hereby incorporated by reference into this Item 5(a) and (b).

The percentage calculations herein are based upon the statement in the Issuer’s Current Report on Form 8-K filed with the Commission on July 5, 2023, that 2,052,000 Common Shares were to be issued on July 10, 2023 and the statement in the Issuer’s Amendment No. 1 on Form 10 filed with the Commission on May 31, 2023 that there were 4,000 Common Shares outstanding as of April 30, 2023.

The Common Shares were purchased in a private placement pursuant to a subscription agreement entered into with the Issuer.

Except as set forth in this Statement, none of the Reporting Persons or, to the best knowledge of the Reporting Persons, any of the other persons set forth on Schedule 1, has effected any transactions in the Common Shares in the past 60 days.

(d) Not applicable.

(e) Not applicable.

Item 6. Contracts, Arrangements, Understandings or Relationships with respect to Securities of the Issuer.

The information set forth in Items 3 and 4 hereof is hereby incorporated by reference into this Item 6.

The Trust has committed to purchase up to $100,000,000 of Common Shares, of which $25,000,000, representing 1,000,000 Common Shares, have been purchased as of the date hereof. Pursuant to the subscription agreement, additional Common Shares will be purchased upon the Issuer’s delivery of a capital drawdown notice to the Trust. Common Shares will be purchased at a price per Common Share equal to the most recent net asset value per Common Share as determined by the Issuer’s Board.

Except as referenced above or described in Items 3 and 4 hereof, there are no other contracts, arrangements, understandings or relationships among the Reporting Persons or between such Reporting Persons and any other person with respect to any securities of the Issuer.

The foregoing description of the subscription agreement set forth in this Item 6 does not purport to be complete and is qualified in its entirety by reference to the full text of the form of subscription agreement which is filed as Exhibit B hereto and is incorporated herein by reference.

Item 7. Material to Be Filed as Exhibits.

The following are exhibits to this Statement:

Exhibit A

Joint Filing Agreement.*

Exhibit B

Form of Subscription Agreement (incorporated by reference to Exhibit 4.1 of Amendment No. 1 to Form 10 filed by the Issuer with the Securities and Exchange Commission on May 31, 2023, File No. 000-56535).

*	Filed herewith.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dates: July 20, 2023

NextEra Energy (NEE) SC 13DFirst Eagle Private Credit Fund / NEXTERA ENERGY ownership change