Dominion Energy and NextEra Merger

planned

Dominion Energy filed a formal application with the State Corporation Commission for its proposed merger with NextEra, which would create one of the largest utility mergers in U.S. history. The merger includes $55 billion in capital investments over 5 years to meet unprecedented demand growth, promises $1.78 billion in customer bill credits over two years, and commits to $10 million a year in additional charitable giving for at least 5 years. The merger also includes job protections for Dominion employees and maintains the status of Dominion's offshore wind project.