NextEra, Dominion file for regulatory approval of proposed merger in Southeast states

Dominion Energy Inc
NextEra Energy, Inc.

Dominion Energy Inc

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NextEra Energy, Inc.

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  • NextEra Energy, Dominion Energy filed for regulatory clearance to combine, targeting a stronger platform to meet rising power demand across Virginia, North Carolina, South Carolina, Florida.
  • Deal aims to keep Dominion’s utilities locally run, separately regulated, with dual headquarters in Richmond, Virginia, Juno Beach, Florida.
  • Plan includes $2.25 billion in shareholder-funded bill credits over two years for Dominion customers in Virginia, North Carolina, South Carolina.
  • Combined group would own or operate more than 110 gigawatts across renewables, battery storage, nuclear, natural gas.
  • Closing targeted for the second half of 2027, subject to shareholder votes and required approvals.


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