NextEra to Buy Dominion in $66.8B Deal to Create Largest Regulated Utility
NextEra Energy will buy Dominion Energy in an all-stock deal valued at about $66.8 billion, exchanging 0.8138 shares of NextEra for each Dominion share, valuing Dominion at $75.97. The move is set to create the world’s largest regulated utility by market value, expanding NextEra’s access to the PJM region and Dominion’s nearly 51 gigawatts of contracted data-center capacity.
Coverage (10)
- Alexandria Has a Seat at the Table as $66.8 Billion Dominion-NextEra Merger Moves Forward (thezebra.org)
- NextEra-Dominion $66.8bn merger clears shareholder votes (finance.yahoo.com)
- NextEra-Dominion $66.8bn merger clears shareholder votes (power-technology.com)
- Dominion Energy secures shareholder approval for merger with NextEra (reuters.com)
- Dominion Energy secures shareholder approval for merger with NextEra (marketscreener.com)
- Dominion Energy shareholders voted 98% in favor of merging with NextEra (wtvr.com)
- Dominion Energy/NextEra to hold Merger Hearings (walterborolive.com)
- Arlington County intervenes in $67B Dominion-NextEra merger review (fox5dc.com)
- Dominion Energy shareholders set to vote Thursday on NextEra merger (counton2.com)
- MASSIVE DEAL: NextEra Energy Strikes $66.8 Billion Deal for Dominion in Bets on AI Power Demand (energynow.com)