AcquisitionMay 18, 2026Pending
🇺🇸 United States
DEDominion Energy, Inc.NENextEra 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 filingPendingPower & Utilities › Electric & Gas UtilitiesUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | Undisclosed | |
|---|---|---|
| Enterprise value | Undisclosed | |
| Consideration | Cash and stock |
Advisors
Buy-side
BOBank of AmericaLLazardWFWells Fargo
Sell-side
GSGoldman SachsJPJ.P. Morgan