
NextEra to buy Dominion in $67B all-stock merger, forming the world's largest regulated utility
NextEra Energy will acquire Dominion Energy in an all-stock deal valued at about $67 billion, creating the world's largest regulated electric utility that will serve roughly 10 million customers across Florida, Virginia, North Carolina and South Carolina. Ownership would be about 74.5% for NextEra shareholders and 25.5% for Dominion, with the merger expected to close in mid-to-late 2027. The deal aims to meet rising electricity demand from AI and data-center growth and includes $2.25 billion in one-time credits for Dominion customers in three states, though critics warn it may not deliver lasting relief if returns on equity remain high.












