Summary of FPL GROUP INC - Yahoo! Finance

Item 8.01 Other Events

On March 17, 2009, Florida Power & Light Company (FPL) sold $500 million principal amount of First Mortgage Bonds, 5.96% Series due April 1, 2039 (Bonds). The Bonds were sold pursuant to a Prospectus Supplement dated March 11, 2009 to a Prospectus dated May 3, 2007 and pursuant to Registration Statement Nos. 333-137120, 333-137120-01, 333-137120-02, 333-137120-03, 333-137120-04, 333-137120-05, 333-137120-06, 333-137120-07 and 333-137120-08, as amended.

On March 19, 2009, FPL Group Capital Inc (FPL Group Capital), a wholly-owned subsidiary of FPL Group, Inc. (FPL Group), sold $375 million principal amount of its Series F Junior Subordinated Debentures due 2069 (Debentures). The Debentures will bear interest at 8.75% per year, payable quarterly. The Debentures are fully and unconditionally guaranteed on a subordinated basis by FPL Group. The Debentures were sold pursuant to a Prospectus Supplement dated March 12, 2009 to a Prospectus dated May 3, 2007 and pursuant to Registration Statement Nos. 333-137120, 333-137120-01, 333-137120-02, 333-137120-03, 333-137120-04, 333-137120-05, 333-137120-06, 333-137120-07 and 333-137120-08, as amended.

This Current Report on Form 8-K is being filed to report as exhibits certain documents in connection with these offerings.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

The following exhibits are being filed pursuant to Item 8.01 herein.

      Exhibit                     Description                    FPL     FPL
       Number                                                   Group

        4(a)       One Hundred Fourteenth Supplemental            x       x
                   Indenture dated as of March 1, 2009
                   between FPL and Deutsche Bank Trust
                   Company Americas, Trustee

        4(b)       Officer's Certificate of FPL Group             x
                   Capital and FPL Group, dated March 19,
                   2009, creating the Series F Junior
                   Subordinated Debentures due 2069

        4(c)       Replacement Capital Covenant, dated March      x
                   19, 2009 by FPL Group Capital and FPL
                   Group

        5(a)       Opinion and Consent, dated March 17,           x       x
                   2009, of Squire, Sanders & Dempsey
                   L.L.P., counsel to FPL, with respect to
                   the 5.96% First Mortgage Bonds, Series
                   due April 1, 2039

        5(b)       Opinion and Consent, dated March 17,           x       x
                   2009, of Morgan, Lewis & Bockius LLP,
                   counsel to FPL, with respect to the 5.96%
                   First Mortgage Bonds, Series due April 1,
                   2039

        5(c)       Opinion and Consent, dated March 19,           x
                   2009, of Squire, Sanders & Dempsey
                   L.L.P., counsel to FPL Group and FPL
                   Group Capital with respect to the Series
                   F Junior Subordinated Debentures due 2069

     5(d) and 8    Opinion and Consent, dated March 19,           x
                   2009, of Morgan, Lewis & Bockius LLP,
                   counsel to FPL Group and FPL Group
                   Capital with respect to the Series F
                   Junior Subordinated Debentures due 2069