# NextEra Energy and Dominion Energy to combine in all-stock merger

NextEra Energy and Dominion Energy entered into a definitive agreement to combine in an all-stock transaction, creating the world's largest regulated electric utility business by market capitalization. The combined company will serve approximately 10 million customer accounts, with dual headquarters in Florida and Virginia. The deal includes $2.25 billion in bill credits for Dominion Energy customers.

- Type: Acquisition
- Announced: 2026-05-18
- Where: United States
- Status: announced
- Products: electric utility services
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Dominion Energy](https://endata.com/companies/15091.md) (target)
- [NextEra Energy](https://endata.com/companies/31966.md) (acquirer)

## Sources

- [investor.nexteraenergy.com](https://www.investor.nexteraenergy.com/news-and-events/news-releases/2026/05-18-2026-123054903), 2026-05-18: "Driving affordability through proposed $2.25 billion in bill credits spread over two years post-close for Dominion Energy's customers in Virginia, North Carolina and South Carolina."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.