The proposed merger between Dominion Energy and NextEra Energy is undergoing regulatory review by the State Corporation Commission in Virginia.

The entities involved

• Dominion Energy →

  company

  • Analyst firms TD Cowen, Morgan Stanley, and Truist issued rating and price target changes for Dominion Energy.Mon 21:03
  • The city of Alexandria intervenes in the merger consideration between Dominion Energy and NextEra Energy.Mon 20:58
• NextEra Energy →

  American energy company

  • Increased demand is driving growth in the energy sector, where Small Modular Reactors (SMRs) are competing with traditional power sources.Mon 17:37
  • Altria provided campaign funding to Ben Cline, and a pending merger between NextEra Energy and Dominion Energy is expected to create the world's largest utility.Fri 17:11
• State Corporation Commission →

  Virginia registration authority

  Nothing else this week.

Related events

• NextEra is attempting to acquire Dominion Energy, leading to calls for legislative oversight of the utility.Sep 24
• Dominion Energy and Nextera announced a definitive agreement to combine, with the new entity serving customers across South Carolina, North Carolina, Florida, and Virginia.Jun 14
• The Data Center Coalition expressed concern over bill credits as Dominion Energy and NextEra Energy continue seeking approval for their merger.Sep 14
• Dominion Energy, which serves customers in Virginia, is currently facing a bid from a Florida-based company while also under monitoring by the Southern Environmental Law Center.Sep 2
• Key figures express views on the merger review of Dominion Energy and Nextera, opposing the review, advocating for more time, and demanding denial.Sep 4