NextEra Energy reaffirmed plans to close its acquisition of Dominion Energy in the second half of 2027. The all-stock deal would create one of the largest utility companies in the United States. The combined firm aims to scale operations to meet rising electricity demand.
The merger entered a critical regulatory review phase following filings on July 15. The companies submitted applications to federal bodies and state commissions in Virginia, North Carolina, and South Carolina.
The Virginia State Corporation Commission scheduled the first public hearing for November 2026. This event marks a significant milestone in the multi-year approval process.