NextEra Energy to acquire Dominion Energy

planned

NextEra Energy announced a definitive $67 billion all-stock agreement to acquire Dominion Energy, creating the world's largest regulated electric utility business by market capitalization. The combined entity will have approximately 110 gigawatts of generation capacity including natural gas, nuclear power, battery storage, and utility-scale renewables such as Dominion's 2.6 GW Coastal Virginia Offshore Wind project. The unified utility will serve over 10 million customer accounts across Florida, Virginia, North Carolina, and South Carolina. The transaction is expected to close in mid-to-late 2027, subject to regulatory approvals.