NextEra Energy Publishes Pro Forma Combined Financial Statements for Pending Dominion Energy Merger

Dominion Energy and NextEra Energy are disputing proposed conditions for their $67 billion merger, including a rate freeze and longer job protections, as Virginia regulators review the deal. The companies agreed to most conditions but oppose a three-year rate freeze and 10-year staffing restrictions. They propose extending a $10 monthly credit for residential customers from two to four years.

Virginia regulators held a public hearing on the proposed $67 billion merger between Dominion Energy and NextEra Energy. Attendees expressed both support and opposition, citing potential impacts on energy demands, customer bills, and conflicts of interest. The State Corporation Commission will decide by January 11, 2025.

Faith leaders and community advocates rallied against NextEra Energy's $67B acquisition of Dominion Energy, urging Virginia regulators to reject the merger. They cited concerns over rising electricity costs and corporate profit prioritization over community needs, framing opposition as a justice and moral issue.

NextEra Energy filed preliminary pro forma financials for its pending merger with Dominion Energy, projecting combined revenue of $36.8 billion for the first nine months of 2026. Dominion shareholders would receive 0.8138 NextEra shares and a pro rata share of $360 million in cash. The merger is subject to regulatory approvals and closing conditions, with estimates being preliminary.

NEXTERA ENERGY INC (NEE) filed an SEC Form 8-K — Other Events. Exhibit 99.2 UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL INFORMATION The following unaudited pro forma condensed combined financial information is presented by NextEra Energy, Inc., a Florida corporation (NEE), to illustrate the estimated effects of the pending business comb

NextEra Energy and Dominion Energy are in public hearings in Virginia for their proposed $66.8 billion merger. The companies have proposed a $2 billion package to address concerns over rate hikes, including bill credits and job creation. The merger, expected to close in 2027, would create the world's largest regulated electric utility. Regulators have sought additional protections, but the companies have not agreed to a rate freeze or cap.