Dominion Energy Acquired by NextEra Energy | Energy M&A Deal

NextEra Energy has acquired Dominion Energy, a utility services business in Virginia, for $67 billion. Dominion Energy provides regulated electricity and natural gas utility services, supporting power delivery across Virginia and neighboring markets, while NextEra Energy operates Florida Power & Light from Juno Beach, Florida. NextEra Energy acquisitions are focused on expanding regulated utility scale and meeting rising electricity demand tied to data centers and AI growth. The strategic acquisition is structured as a merger acquisition, with NextEra Energy paying about $76 per share and offering a reported 23% premium, and the deal is announced with an expected close following regulatory review.