Summary

• The combined company will have a market capitalization of more than $249 billion and rate base of $138 billion (according to an investor presentation).
• The combined company is expected to have annual capital spending of about $59 billion from 2027 to 2032.
• Deal terms include $2.25 billion in bill credits spread out over a two-year period for Dominion's customers in Virginia, North Carolina and South Carolina, the companies said in a joint news release.

The leaders of NextEra Energy Inc. (NEE) and Dominion Energy Inc. (D) view the meteoric rise in US electricity demand as a key factor in their blockbuster merger.

Juno Beach, Florida-headquartered NextEra plans to acquire

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