D · News · 20260804N

Acquisition / Partnership / Divestiture

DOMINION ENERGY, INC · 2026-08-04 · Importance 71 · Surprise 60

Dominion Energy and NextEra Energy are pursuing a proposed $67 billion merger that would operate under NextEra's name and serve approximately 10 million customer accounts across Florida, Virginia, North Carolina, and South Carolina. The proposed transaction includes $1.78 billion in bill credits for Virginia customers, funded by NextEra shareholders. Dominion has scheduled a September 3, 2026, special shareholder meeting, while South Carolina regulators set a December 8 hearing and anticipate a final decision by January 29, 2027. Virginia Governor Abigail Spanberger plans to intervene over customer savings, job security for Dominion's 10,000 Virginia workers, and clean-energy commitments.

Key facts

• The South Carolina Public Service Commission set a hearing for the proposed Dominion-NextEra merger on December 8, 2026, with a final decision anticipated by January 29, 2027. source