Politics
NextEra Agrees to More Safeguards for $67 Billion Dominion Deal
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Energy NextEra Agrees to More Safeguards for $67 Billion Dominion Deal NextEra Energy Inc. offered Virginia additional customer and financial protections, the utility’s latest bid to convince the state to approve its $67 billion acquisition of Dominion Energy Inc. NextEra and Dominion agreed to 101 of 117 conditions proposed by staff of the Virginia State Corporation Commission and the state attorney general’s consumer counsel, while accepting another 13 with modifications, according to a...
Energy
NextEra Agrees to More Safeguards for $67 Billion Dominion Deal
NextEra Energy Inc. offered Virginia additional customer and financial protections, the utility’s latest bid to convince the state to approve its $67 billion acquisition of Dominion Energy Inc.
NextEra and Dominion agreed to 101 of 117 conditions proposed by staff of the Virginia State Corporation Commission and the state attorney general’s consumer counsel, while accepting another 13 with modifications, according to a Tuesday statement. The commitments include stronger financial separation for Dominion Energy Virginia, more independent oversight and greater Virginia representation on its board.