NextEra Energy Capital Holdings Inc., a unit of NextEra Energy Inc., sued banks including Banco Bilbao Vizcaya Argentaria SA to clarify its financing obligations to solar power projects in Spain.

NextEra Energy, the largest U.S. wind-power operator, sued 16 banks Wednesday in Manhattan federal court, asking a judge to interpret a 2011 credit "guarantee agreement" in light of recent changes in Spanish law.

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