NextEra, Dominion Energy Agree to Enhanced Merger Terms With Virginia Regulators

08:34 AM EST, 11/03/2026 (MT Newswires) -- NextEra Energy (NEE) and Dominion Energy (D) said Tuesday they have submitted rebuttal testimony to the Virginia State Corporation Commission detailing additional customer, financial and governance protections for their proposed merger. The companies said they have accepted 101 of 117 proposed conditions and agreed to 13 others with modifications, while preserving four years of shareholder-funded bill credits and a $100 million contribution to EnergyShare for energy assistance and weatherization. The merger will also create 1,000 jobs, maintain Dominion's Virginia workforce for at least five years and create spending of up to $5 billion with local businesses over five years, the companies said. The transaction is expected to close in H2 2027, the companies said.