
NextEra Energy Strikes $67 Billion All-Stock Deal to Acquire Dominion Energy
NextEra Energy announced Monday that it has entered into a definitive agreement to acquire Dominion Energy in an all-stock transaction valued at approximately $67 billion, creating what the two companies describe as the world’s largest regulated electric utility business by market capitalization. The deal, which would unite the country’s largest renewable energy developer with the utility that powers the world’s most concentrated data center market, ranks among the biggest proposed corporate mergers announced so far in 2026. The transaction values Dominion at $360 million in cash plus 0.8138 NextEra shares per Dominion share, according to the joint statement filed with the Securities and Exchange Commission. Dominion shares surged roughly 14.3% on Monday following the announcement. Structure of the Transaction Under the terms of the agreement, NextEra shareholders would own approximately 74.5% of the combined company, while Dominion investors would hold the remaining 25.5%. The combined entity would retain the NextEra name and continue trading under the “NEE” ticker symbol on the New York Stock Exchange. The combined company would serve approximately 10 million utility customer accounts across Florida, Virginia, North Carolina, and South Carolina, and would derive more than 80% of its earnings from regulated operations. Closing remains subject to













































