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Dominion, NextEra propose $1 bln-a-year Virginia supplier program
Source: reuters.com
M&A & RestructuringInfrastructure & DefenseCapital Returns (Dividends / Buybacks)
Dominion Energy and NextEra Energy said they would create a Virginia supplier program worth up to $1 billion annually for five years, contingent on approval of their proposed merger. The potential $5 billion program is intended to support Virginia suppliers and could strengthen the strategic and local-economic case for the transaction.
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