Jul. 16 at 2:49 AM
$NEE $D NextEra Energy, Dominion Energy Seek Approval For Merger
NextEra Energy and Dominion Energy have filed applications seeking regulatory approval for their proposed merger, creating a larger utility focused on meeting rising power demand across some of the fastest-growing states in the U.S. The companies said customers in Virginia, North Carolina, and South Carolina would receive
$2.25 billion in shareholder-funded bill credits, with no merger-related costs passed on to customers. The combined company would expand its generation portfolio across renewables, battery storage, nuclear, and natural gas, while maintaining dual headquarters and locally led utility operations.
