NextEra Energy and Dominion Energy have filed applications seeking regulatory approval for their proposed merger with the Virginia State Corporation Commission, the North Carolina Utilities Commission, the Public Service Commission of South Carolina, the Federal Energy Regulatory Commission and the Nuclear Regulatory Commission.
The combined company would serve around 10 million customer accounts across Virginia, North Carolina, South Carolina and Florida. Dominion Energy's operating companies would remain locally managed and separately regulated while gaining access to additional capital, technology and operational expertise.
The transaction has been unanimously approved by the boards of both companies and is expected to close in the second half of 2027, subject to shareholder approval, regulatory clearances and customary closing conditions.
