NextEra Energy executives have indicated the company is on pace to complete its proposed acquisition of Dominion Energy by the latter half of 2027, according to Utility Dive. The timeline aligns with ongoing regulatory review processes, including an initial public hearing scheduled before the Virginia State Corporation Commission for November.
The merger proposal continues to navigate the regulatory approval process, with the Virginia commission's hearing marking an important milestone in vetting the combined entity's operations and impact on ratepayers. The transaction remains subject to standard conditions and approvals from relevant state and federal authorities.
Separately, NextEra is advancing negotiations with U.S. and Japanese partners on liquefied natural gas infrastructure development, pursuing approximately 9.5 gigawatts of gas-fired generation capacity planned for facilities in Texas and Pennsylvania as part of its broader energy portfolio expansion.