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Virginia Wants 6-Year Power-Rate Freeze in NextEra-Dominion Deal
Source: Bloomberg
M&A & RestructuringEnergy Markets & PricesRegulation & LegislationElections & Domestic Politics
Virginia Governor Abigail Spanberger said she will not support NextEra Energy’s proposed $67 billion takeover of Dominion Energy unless it includes a six-year freeze on residential power rates and triples bill credits. The article reports a condition on support, not a final decision on the takeover.
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