Dominion and NextEra Energy merge in all-stock transaction
The combined company will be the world's largest regulated electric utility, serving 10 million customers across four states.
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Electric and natural gas utility
dominionenergy.comLast updated
In short: Dominion Energy entered a $67 billion all-stock merger with NextEra Energy and faced scrutiny over data center demand and rate increases.
The combined company will be the world's largest regulated electric utility, serving 10 million customers across four states.
Settlements propose 7.62% residential bill increase, $6M customer benefits including credits and low-income aid, for PSC approval.
Payable June 20, 2026, to shareholders of record May 29, 2026. Marks 393rd consecutive dividend.
GAAP net income is $0.69 per share; operating earnings $0.95 per share. Affirms full-year 2026 guidance of $3.45-$3.69 per share.
As data centers drive record demand, utilities like NextEra are using 10% profit margins on infrastructure investment to justify billion-dollar buildouts.
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Virginia lawmakers question the Dominion-NextEra merger over ratepayer costs, job protections, and NextEra's track record in ...
State regulators are moving forward with Dominion Energy and Santee Cooper's plans for a $5 billion natural gas power plant expected to power more than...
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