NextEra Energy and Dominion Energy announce all-stock merger deal

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NextEra Energy and Dominion Energy to Combine, Creating the World's Largest Regulated Electric Utility Business and North America's Premier Energy Infrastructure Platform Benefiting Customers

May 18, 2026 7:30 AM EDT

Creates the world's largest regulated electric utility business by market capitalization and one of the world's largest energy infrastructure companies with an unmatched operating platform benefiting customersCombined company's customers will benefit over time from its enhanced scale in operations, procurement, construction and financing, enabling it to more cost-effectively meet increased electric demand for approximately 10 million customer accountsDriving affordability through proposed $2.25 billion in bill credits spread over two years post-close for Dominion Energy's customers in Virginia,... More