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NextEra, Dominion Offer Virginia Aid to Smooth $67 Billion Deal

Source: Bloomberg

M&A & RestructuringRegulation & LegislationUtilities

NextEra Energy and Dominion Energy unveiled a customer-benefits package in Virginia to support regulatory approval of their proposed $67 billion merger. The transaction is a major utility-sector consolidation, with approval contingent on regulators assessing the proposed customer concessions.

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