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NextEra Energy to acquire Dominion in a $67 billion utility deal

The combined company will serve about 10 million utility customers across Florida, Virginia, North Carolina and South Carolina.

Published May 18, 2026, 12:38 PM
Updated May 18, 2026, 12:47 PM2.9K
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NextEra Energy to acquire Dominion in a $67 billion utility deal

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/ CBS News

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NextEra Energy said Monday it will acquire Dominion Energy in an all-stock deal valued at about $67 billion, combining two major utilities as electricity demand surges from AI and data center growth.

The combined company will serve around 10 million utility customers across Florida, Virginia, North Carolina and South Carolina, according to a statement from NextEra Energy.

— This is a developing story and will be updated.

Edited by Aimee Picchi

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