‘A Different Deal on the Table’: AG Asks SCC to Reset the Clock on Dominion-NextEra Merger
Jones says the new commitments amount to an amendment, and a reset could give regulators and intervenors more time to review the $67 billion deal.
- Virginia Attorney General Jay Jones told state regulators Friday that they should reset the 180-day review period for the $67 billion Dominion Energy-NextEra Energy merger after the companies unveiled expanded conditions.
- Dominion Energy and NextEra filed supplemental documents on September 14, outlining expanded project promises including extending residential bill credits to four years, creating 1,000 jobs, and maintaining Virginia employee levels for five years.
- Jones filed testimony arguing the changes miscast an amendment of pleadings as simple supplemental testimony, stating the current schedule does not give intervenors adequate time to analyze the new commitments.
- If the State Corporation Commission agrees, the evidentiary hearing would move from November 17, 2026, to approximately January 19, 2027, extending the review into the next General Assembly session.
- Simultaneously, the State Corporation Commission hears arguments on Tuesday on a separate motion to compel filed by Clean Virginia. Clean Virginia President Brennan Gilmore said the group cannot rely on company assurances: "We need facts, and we can't take them at their word that everything is going to be okay if this merger goes forward.
11 Articles
11 Articles
Virginia AG seeks more review of $67B NextEra-Dominion merger
Promises of more bill credits and new jobs in Virginia from NextEra Energy’s proposed takeover of Dominion Energy mean the State Corporation Commission should take more time to consider the deal, Attorney General Jay Jones said
SC utility’s parent doubles bill discounts to boost NextEra buyout — but only for Va. ratepayers
NextEra said the new financial commitments announced for Dominion Energy's Virginia service territory last week "should not be viewed as a template for every other state."
Headlines from across the state: AG Jay Jones asks SCC to reset the clock on Dominion-NextEra merger; more …
From elsewhere: Virginia Beach schools, Civil Rights Office reach agreement over sexual misconduct investigations. Petersburg City Schools to raise starting teacher salaries to $60K after budget vote. CarMax cuts 60-plus jobs in Richmond area.
‘A different deal on the table’: AG asks SCC to reset the clock on Dominion-NextEra merger
Virginia Attorney General Jay Jones told state regulators Sept. 18 that they should reset the 180-day review time period for the $67 billion Dominion Energy-NextEra Energy merger proposal, after the companies unveiled expanded conditions of the deal.
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