NEE · Earnings call · 2026Q3T · Full report

Regulatory Approval Milestones

NEXTERA ENERGY INC · 2026-10-21 · Importance 44 · Surprise 24

State regulatory reviews of the Dominion Energy combination are proceeding in Virginia, South Carolina, and North Carolina. Virginia and South Carolina have procedural schedules with hearings in November and December 2026, and management expects final orders in January 2027; North Carolina expert-witness hearings are scheduled to begin in February 2027. Management said federal review processes are also underway and continuing, with the overall closing still expected in the second half of 2027.

Key facts

• Lone Star Transmission received ERCOT approval in Q1 2026 to build portions of two transmission lines in North Central Texas.
• Virginia and South Carolina merger proceedings had hearings scheduled for November and December 2026, with final orders expected in January 2027.
• North Carolina merger expert witness hearings were scheduled to begin in February 2027.