Dominion and NextEra Shareholders Approve Merger

Shareholders of Dominion Energy and NextEra Energy have approved their proposed merger deal. The combination aims to create one of the largest electric utilities in the world. The transaction still faces review by state and federal regulators.

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Electric power transmission pylon miniatures and Dominion Energy logo are seen in this illustration taken, December 9, 2022. REUTERS/Dado Ruvic/Illustration

Shareholders of DOMINION ENERGY INC and NEXTERA ENERGY INC approved a $66.8 billion merger on Thursday morning. The deal creates one of the world's largest electric utilities during a boom in energy-intensive artificial intelligence data centers. The combined enterprise value exceeds the next two largest power companies in the United States combined.

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