Filing Details

CUSIP No.  48255N100

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
					3,483,107
			9	SOLE DISPOSITIVE POWER
					-0-
			10	SHARED DISPOSITIVE POWER
					3,483,107
11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
		3,483,107
12	CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)					☐
13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
		41.2%
14	TYPE OF REPORTING PERSON (See Instructions)
		CO

Item 1. Security and Issuer.

 

This statement on Schedule 13D (this “Statement”) relates to common shares of beneficial interest, par value $0.01 per share (“Common Shares”), of KKR FS Income Trust, 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 201 Rouse Boulevard, Philadelphia, Pennsylvania, 19112.

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.

Item 5. Interest in Securities of the Issuer.

 

Pursuant to the subscription agreement with the Issuer, the Trust committed to purchase up to $100,000,000 of Common Shares, of which all $100,000,000, representing 3,483,107 Common Shares, have been purchased as of the date hereof

 

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.

 

 

The following are exhibits to this Statement:

Exhibit A

Joint Filing Agreement.*

 

                       

SCHEDULE 1

Executive Officers and Directors

 

The name and principal occupation of each executive officer and directors of NextEra Energy, Inc. (“NEE”) and Florida Power & Light Company (“FPL”), as applicable, are set forth below.  The address for each person listed below is c/o NextEra Energy, Inc., 700 Universe Boulevard, Juno Beach, Florida 33408.  All executive officers and directors listed are United States citizens.  None of the executive officers or directors of NEE or FPL owns any common shares of beneficial interest, par value $0.01 per share, of KKR FS Income Trust.

 

Name	Principal Occupation
Deborah H. Caplan	Executive Vice President, Human Resources and Corporate Services of NEE
Robert Coffey	Executive Vice President, Nuclear Division and Chief Nuclear Officer of NEE Vice President and Chief Nuclear Officer of FPL
Terrell Kirk Crews II1	Executive Vice President, Finance and Chief Financial Officer of NEE Executive Vice President, Finance and Chief Financial Officer of FPL
Michael H. Dunne	Treasurer of NEE Treasurer of FPL Assistant Secretary of NEE
John W. Ketchum1,2	Chairman, President and Chief Executive Officer of NEE Chairman of FPL
Rebecca J. Kujawa	President and Chief Executive Officer of NextEra Energy Resources, LLC
Mark Lemasney	Executive Vice President, Power Generation Division of NEE Executive Vice President, Power Generation Division of FPL
James M. May	Vice President, Controller and Chief Accounting Officer of NEE
Armando Pimentel, Jr.1	President and Chief Executive Officer of FPL
Ronald R. Reagan	Executive Vice President, Engineering, Construction and Integrated Supply Chain of NEE Vice President, Engineering and Construction of FPL
Charles E. Sieving	Executive Vice President, Chief Legal, Environmental and Federal Regulatory Affairs Officer of NextEra Energy, Inc. Executive Vice President of FPL

Directors of NEE:

Pursuant to and in accordance with the Securities Exchange Act of 1934, as amended, and the rules and regulations thereunder (the “Exchange Act”) the undersigned hereby agree to the joint filing on behalf of each of them of any filing required by such party under Section 13 of the Exchange Act or any rule or regulation thereunder (including any amendment, restatement, supplement, and/or exhibit thereto) with respect to securities of KKR FS Income Trust, a Delaware statutory trust, and further agree to the filing, furnishing, and/or incorporation by reference of this Agreement as an exhibit thereto.  Each of them is responsible for the timely filing of such filings and any amendments thereto, and for the completeness and accuracy of the information concerning such person contained therein; but none of them is responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate.  This Agreement shall remain in full force and effect until revoked by any party hereto in a signed writing provided to each other party hereto, and then only with respect to such revoking party.  This Agreement may be executed in any number of counterparts all of which taken together shall constitute one and the same instrument.

 

IN WITNESS WHEREOF, the undersigned have caused this Joint Filing Agreement to be duly executed and delivered as of this 5th day of September, 2023.