Acquiring Company
Dominion Energy
Acquired Company
NextEra Energy
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.
Other recent acquisitions in Energy and Oil And Gas
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- NextEra Energy to acquire Dominion Energy for $66.8B, $67B (May 23, 2026)
- FPL Group to acquire Dominion Energy (May 18, 2026)
- OCU Group acquires Volta Energy Group in ANZ (June 17, 2026)
- Contact Energy acquires Manawa Energy for $2.3 billion, $2.3B (June 10, 2026)
- NorthWestern to merge with Black Hills Energy (May 6, 2026)
- EIE Renewables acquires Suyog Urja for ₹311 Crore (April 28, 2026)
Who to call at Dominion Energy, and when
When Dominion Energy changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Dominion Energy raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Dominion Energy, from your own LinkedIn network
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Fundz sees it the moment Dominion Energy makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
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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