Dominion Energy Acquired by NextEra Energy | Energy M&A Deal

NextEra Energy has completed the acquisition of Dominion Energy, a utility services business in Virginia, for $67.4 billion. NextEra Energy acquisitions combine regulated electric utility operations serving about 10 million customer accounts with Dominion Energy’s energy infrastructure and grid services across Virginia, North Carolina, and South Carolina. The strategic acquisition expands NextEra Energy’s regulated footprint and supports growth in fast-growing states through a larger operating platform based in Florida, Virginia, and South Carolina. This energy M&A merger acquisition is an all-stock strategic acquisition by a strategic buyer, with Dominion Energy shareholders receiving a fixed exchange ratio of 0.8138 shares of NextEra Energy per share, and bill credits of $2.25 billion over two years post-close.