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Virginia Lt. Gov. Ghazala Hashmi Opposes NextEra-Dominion Merger

Utility Dive ·

D Dominion Energy Inc
$61.53 -0.76%
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  1. 1Virginia Lt. Gov. Ghazala Hashmi stated that NextEra's plan to acquire Dominion Energy does not serve the best interests of Virginia residents.
  2. 2NextEra and Dominion announced an expected transaction completion period of 12 to 18 months, subject to regulatory approval.
  3. 3The merger would secure 10 million customers, making it the largest regulated utility across four states (combined NextEra-Dominion).

So what's the key point?

The Virginia Lieutenant Governor said she opposes NextEra's acquisition of Dominion Energy. If this merger happens, it could create a large company with 10 million customers.

Source Utility Dive · View original ↗

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