Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

On January 16, 2009, Aquilo LP, ULC (Aquilo), an indirect wholly-owned subsidiary of NextEra Energy Resources, LLC (NextEra Energy Resources), entered into a Canadian $94.6 million limited-recourse senior secured variable rate term loan agreement maturing in December 2023. On January 22, 2009, Aquilo borrowed Cdn $94.6 million under the agreement, which was equivalent to approximately US $75.4 million as of that date. NextEra Energy Resources is an indirect wholly-owned subsidiary of FPL Group, Inc. Interest on the loan is payable quarterly and the principal is payable semi-annually. The proceeds of the loan will be used primarily to repay a portion of existing corporate indebtedness of Aquilo's parent which is guaranteed by FPL Group Capital Inc. The loan is secured by liens on certain Canadian wind generation assets and associated transmission facilities, and certain other assets of, and the ownership interest in, Aquilo. The loan agreement contains default and related acceleration provisions relating to the failure to make required payments, certain events in bankruptcy and other covenants applicable to Aquilo.