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Dominion Acquired by NextEra Energy | Energy M&A Deal

Announced
EnergyFloridaMerger

Deal Overview

NextEra Energy has completed the acquisition of Dominion, a utility services business in Florida, for $67 billion. NextEra Energy acquisitions combine regulated electricity generation and transmission assets with Dominion’s utility services operations to expand service coverage and grid capacity in Florida. The Dominion acquisition supports energy M&A strategy tied to rising AI data-center power demand and load growth across the state. The merger acquisition is a strategic acquisition by a strategic buyer, with the energy deals FL portfolio valued at $67 billion and expected to close following customary regulatory review.

Key Details

Transaction
NextEra Energy acquires Dominion
Deal Size
Over $100M
Reported Value
$67 billion

Source

Read full article on fortune.com

via Fortune · May 18, 2026

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