Virginia Governor Intervenes in NextEra's $67 Billion Dominion Acquisition
Deals·1 article across 1 outlet
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Virginia Governor Abigail Spanberger expressed skepticism regarding NextEra Energy Inc.'s $67 billion acquisition of Dominion Energy Inc. She plans to intervene in the state's review of the deal due to concerns about its impact on electricity affordability.
This intervention comes as some investors anticipated potential regulatory challenges surrounding the merger, highlighting the ongoing scrutiny of large energy transactions in the region.
Virginia Governor Abigail SpanbergerNextEra EnergyDominion Energy
Sources
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SourceReports the news
“Virginia Governor Abigail Spanberger said she’ll intervene in her state’s review of NextEra Energy Inc.’s $67 billion acquisition of Dominion Energy Inc. over concerns about the deal’s impact of electricity affordability, a move some investors saw coming.”
Bloomberg — Virginia Governor ‘Skeptical’ of NextEra-Dominion Deal