NEE · 8-K · 20261105PR000084

Dominion Energy Merger

NEXTERA ENERGY INC · 2026-11-05 · Importance 66 · Surprise 60 · Contradicted

The proposed merger consideration is estimated at $62.108 billion, comprising approximately 738 million NEE shares valued at $61.748 billion and $360 million in cash. NEE’s pro forma balance sheet recognizes $35.697 billion of preliminary goodwill, while the pro forma combined balance sheet reports $402.131 billion in total assets as of September 30, 2026. A 10% change in NEE’s October 30, 2026 share price would change estimated consideration by $6.174 billion, to $68.282 billion or $55.934 billion. The transaction remains subject to specified regulatory approvals and other customary closing conditions.

Key facts

• Under the merger agreement, each eligible Dominion Energy share will receive a pro rata share of $360 million in cash and 0.8138 NEE common shares. source
• The estimated merger consideration is $62.108 billion, comprising $61.748 billion of stock consideration and $360 million of cash consideration. source
• A hypothetical 10% increase in NEE’s October 30, 2026 stock price to $92.08 would increase estimated merger consideration to $68.282 billion and preliminary goodwill by $6.174 billion. source
• A hypothetical 10% decrease in NEE’s October 30, 2026 stock price to $75.34 would reduce estimated merger consideration to $55.934 billion and preliminary goodwill by $6.174 billion. source
• The estimated stock consideration is based on approximately 738 million NEE shares and NEE’s October 30, 2026 closing stock price of $83.71. source
• NEE’s preliminary purchase price allocation estimates $35.697 billion of goodwill from the merger. source
• The merger is structured as two successive mergers, with Dominion Energy and then LLC Sub surviving as wholly owned NEE subsidiaries. source
• The merger is expected to use acquisition-method accounting, with NEE as the accounting acquirer. source

Impact estimates