Dominion and NextEra Propose Virginia Supplier Program
Dominion Energy and NextEra Energy have proposed a billion-dollar annual supplier program in Virginia tied to their pending merger. The commitments also include customer bill credits and workforce funds.
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Dominion Energy Inc and NextEra Energy Inc proposed a $1 billion-a-year Virginia supplier program on Monday afternoon, contingent on their $66.8 billion merger approval. The companies announced the five-year initiative to direct spending toward contractors and service providers across United States utilities. The utilities sector is experiencing a consolidation wave driven by surging power demand from data centers and electric vehicles.
