NextEra Energy and Dominion Energy file to combine, building a stronger company to meet growing power demand across four of America's fastest-growing states while keeping energy affordable and reliable
PR Newswire
JUNO BEACH, Fla. and RICHMOND, Va., July 15, 2026
NextEra Energy and Dominion Energy file applications seeking regulatory approval of their proposed combinationCustomers in Virginia, North Carolina and South Carolina would receive $2.25 billion in shareholder-funded bill credits, and the companies have committed that merger-related costs will not be passed on to customersThe combination brings together Dominion Energy's local leadership, experienced workforce and community knowledge with NextEra Energy's added financial strength, supply chain expertise and infrastructure development capabilitiesThe combined company would bring an all-of-the-above energy platform, including renewables, battery storage, nuclear and natural gas, with industry-leading capabilitiesDominion Energy's operating companies will remain locally led and separately regulated, with meaningful job protections; the combined company would maintain dual corporate headquarters in Richmond, Virginia, and Juno Beach, Florida, and an operational headquarters in Cayce, South Carolina The combination positions Virginia, North Carolina and South Carolina to meet unprecedented power demand, support jobs and economic development, and keep customer bills affordableThe transaction is expected to close in the second half of 2027JUNO BEACH, Fla. and RICHMOND, Va., July 15, 2026 /PRNewswire/ -- NextEra Energy, Inc. (NYSE: NEE) and Dominion Energy, Inc. (NYSE: D) today filed applications seeking regulatory approval of their proposed combination with the Virginia State Corporation Commission, the North Carolina Utilities Commission, the Public Service Commission of South Carolina, the Federal Energy Regulatory Commission and the Nuclear Regulatory Commission.
