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Dominion to merge with NextEra for affordable energy

PUBLIC · DMay 18, 2026

Acquiring Company

Dominion Energy

Acquired Company

NextEra Energy

RichmondJuno BeachEnergyOil And GasFinancial ServicesFinanceRenewable EnergyMiningBiomass EnergyEnergyRenewable EnergySecuritySolar

Description

Dominion Energy has proposed a merger with NextEra Energy, aiming to create the world's largest regulated electric utility business. The merger is expected to bring nearly $1.8 billion in bill credits to Virginia customers over two years. While some support the merger for its potential efficiency and cost-saving benefits, others oppose it, citing past rate increases by NextEra in other states. The merger still requires approval from shareholders and various regulatory bodies.

Quick answer

Dominion Energy is acquiring NextEra Energy, announced May 18, 2026. Dominion Energy is based in Richmond, Virginia, United States.

How much did Dominion Energy pay for NextEra Energy?
The deal value was not disclosed.
What does Dominion Energy do?
Dominion Holdings Inc. is an investment holding company that emerged from BDO Unibank's leasing arm.
Where are Dominion Energy and NextEra Energy based?
Dominion Energy is based in Richmond, Virginia, United States. NextEra Energy is based in Juno Beach, Florida, United States.
Who are the decision-makers at Dominion Energy?
Fundz holds 2 contacts at Dominion Energy. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Dominion Energy

Location

600 East Canal Street

Richmond, Virginia, United States

About

Dominion Holdings Inc. is an investment holding company that emerged from BDO Unibank's leasing arm. The company is transitioning towards acquiring stakes in mining corporations. It was rebranded from BDO Leasing and Finance Inc. and has a mandate to explore diverse capital opportunities in the commodities sector. Dominion is now led by a new board following its acquisition.

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Frequently asked

Who acquired NextEra Energy?

NextEra Energy was acquired by Dominion Energy, based in Richmond. The deal was reported on May 18, 2026. Dominion Holdings Inc. is an investment holding company that emerged from BDO Unibank's leasing arm. The company is transitioning towards acquiring stakes in mining corporations. Dominion Energy is publicly traded (D) and operates in Energy.

When did Dominion Energy acquire NextEra Energy?

Dominion Energy's acquisition of NextEra Energy was reported on May 18, 2026. Dominion Energy has proposed a merger with NextEra Energy, aiming to create the world's largest regulated electric utility business. The merger is expected to bring nearly $1.8 billion in bill credits to Virginia customers over two years. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does NextEra Energy do?

Next Era Energy is a leading clean energy company and one of the largest utility companies in the U.S. It focuses on renewable energy and sustainable practices. It is publicly traded (NEE), operating in Energy, and is based in Juno Beach.

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