Clock starts for state regulators to review proposed Dominion-NextEra merger

By: Shannon Heckt

Outlets: Virginia Mercury

Published: July 16, 2026

Words: 1,018

Last Updated: 3 days, 1 hour ago

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Dominion Energy on Wednesday submitted their official arguments to the State Corporation Commission to allow the utility to merge with the Florida-based NextEra. The utilities plan to combine, creating an East Coast energy titan.

The all-stock deal is valued at about $67 billion; NextEra shareholders will own 74.5% of shares and Dominion shareholders will own 25.5%, if the merger is approved. The SCC now has six months to review the arguments, hear testimony …

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