AcquisitionMay 18, 2026Pending
🇺🇸 United States

Dominion Energy, Inc.NextEra Energy, Inc.

Power & Utilities › Electric & Gas Utilities

Deal valueUndisclosed
AnnouncedMay 18, 2026
ConsiderationCash and stock
StructureOne-step merger
RegionNorth America
Cross-borderNo
Contingent paymentNo

Overview

NextEra Energy and Dominion Energy entered into a definitive agreement to combine in an all-stock transaction, with Dominion shareholders receiving 0.8138 NextEra shares per Dominion share plus a one-time $360 million cash payment. The combined company would operate under the NextEra Energy name with dual headquarters in Florida and Virginia.

Deal rationale

The companies say the combination creates the world's largest regulated electric utility business, with scale efficiencies to meet rising power demand, a broader growth platform and customer bill credits.

AI-generated from the SEC filing
PendingPower & Utilities › Electric & Gas UtilitiesUnited StatesNorth America

Timeline

  1. AnnouncedMay 18, 2026

    Imported from prototype record 293, unverified

    Filing
  2. Shareholder vote · ApprovedSep 3, 2026

    Acquirer shareholders approved the deal.

    Filing
  3. Shareholder vote · ApprovedSep 3, 2026

    Target shareholders approved the deal.

    Filing

Valuation and terms

Equity valueUndisclosed
Enterprise valueUndisclosed
ConsiderationCash and stock

Advisors

Buy-side
BOBank of AmericaLLazardWFWells Fargo
Sell-side
GSGoldman SachsJPJ.P. Morgan

Parties

Target
Dominion Energy, Inc.
Headquarters
United States
Ticker
D
EDGAR company page
Acquirer
NextEra Energy, Inc.
Headquarters
United States
Ticker
—
EDGAR company page