NextEra Energy and Dominion Energy Merger

planned

NextEra Energy and Dominion Energy have reached an agreement to combine, creating the world's largest regulated electric utility business. The merger will serve approximately 10 million customers across Florida, Virginia, North Carolina, and South Carolina. The combined company will operate under the NextEra Energy name and aims to improve efficiency and meet growing electricity demand. Customers will receive $2.25 billion in credits applied to bills over two years after the deal closes. The merger is expected to strengthen the companies' ability to invest in infrastructure and reliability, including generation, transmission, and grid investments.