NextEra Energy's $67 billion Dominion Energy acquisition proposal faces opposition from Virginia politicians
D Dominion Energy Inc
$61.02 -0.47%
View chart & analysis → - 1NextEra Energy's $67 billion acquisition proposal has met opposition from Virginia politicians.
- 2Virginia Governor Abigail Spanberger expressed deep skepticism regarding the deal and intervened in the regulatory review.
- 3NextEra and Dominion attempted to ease concerns by extending the promised $2.2 billion in electricity rate reductions to four years.
So what's the key point?
NextEra Energy proposed to buy Dominion Energy, but Virginia politicians are opposing the move. They are trying to persuade them by extending the promise to lower electricity rates to four years.
Source Investing.com +1 · View original ↗
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