Virginia governor 'skeptical' of NextEra-Dominion Energy merger, experts urge strong conditions
Virginia Governor Abigail Spanberger expressed deep skepticism regarding NextEra's proposed takeover of Dominion Energy, citing concerns about the potential impact on Virginia residents and NextEra's history of failed acquisitions. Energy experts who testified before the Energy Commission of Virginia emphasized the need for the state to impose strong conditions, including a higher legal standard for merger approval and measurable commitments, to protect ratepayers before any deal is finalized. They warned that the state's leverage to protect consumers would disappear once the merger closes.