NextEra + Dominion: Great Future, But Way Too Early To Buy
NextEra Energy is set to acquire Dominion Energy in an all-stock transaction, forming a significant utility entity. The merger is expected to create a company with over 80% of its business regulated and a customer base of 10 million. However, analysts suggest that it may be premature to invest in the combined entity at this time.
- ▪NextEra Energy is acquiring Dominion Energy in an all-stock deal.
- ▪The merger will create a utility powerhouse with over 80% regulated business.
- ▪The combined company will serve approximately 10 million customers.
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