BRIEF-NextEra Energy to buy Dominion Energy in $66.8 billion deal

Dominion Energy Inc
NextEra Energy, Inc.

Dominion Energy Inc

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NextEra Energy, Inc.

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May 18 (Reuters) - Nextera Energy:

  • NEXTERA ENERGY AND DOMINION ENERGY TO COMBINE, CREATING THE WORLD'S LARGEST REGULATED ELECTRIC UTILITY BUSINESS AND NORTH AMERICA'S PREMIER ENERGY INFRASTRUCTURE PLATFORM BENEFITING CUSTOMERS

  • NEXTERA ENERGY INC - CO AND DOMINION ENERGY TO COMBINE IN ALL-STOCK DEAL

  • NEXTERA ENERGY INC - DOMINION ENERGY SHAREHOLDERS TO RECEIVE 0.8138 SHARES OF NEXTERA ENERGY PER DOMINION ENERGY SHARE

  • DOMINION ENERGY - ALL-STOCK TRANSACTION IS EXPECTED TO BE TAX-FREE TO SHAREHOLDERS AND IMMEDIATELY ACCRETIVE AT CLOSING TO ADJUSTED EARNINGS PER SHARE

  • NEXTERA ENERGY INC - COMBINED COMPANY TO OPERATE AS NEXTERA ENERGY AND TRADE AS NEE ON NYSE

  • NEXTERA ENERGY INC - COMBINED COMPANY EXPECTS OVER 9% ADJUSTED EPS GROWTH THROUGH 2032

  • NEXTERA ENERGY INC - JOHN KETCHUM TO SERVE AS CHAIRMAN AND CEO OF COMBINED COMPANY

  • DOMINION ENERGY - NEXTERA ENERGY AND DOMINION ENERGY SHAREHOLDERS TO OWN APPROXIMATELY 74.5% AND 25.5% OF COMBINED COMPANY, RESPECTIVELY

  • NEXTERA-DEAL IMMEDIATELY ACCRETIVE TO ADJUSTED EPS, ABOUT 9%+ ADJUSTED EPS GROWTH EXPECTED THROUGH 2032, 9%+ TARGET THROUGH 2035, ALL OFF CO'S 2025 EXPECTATIONS

Source text: ID:nPn8tpLtja

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