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Wynson Securities Limited today announced continued progress toward the proposed combination of NextEra Energy, Inc. (NYSE: NEE) and Dominion Energy, Inc. (NYSE: D), following shareholder approval of the transaction by both companies on September 3, 2026. Wynson Securities Limited is serving as a Communications Representative in connection with the proposed combination.
The proposed all-stock combination would bring together two major U.S. energy businesses and create a significantly larger platform for investment in electricity generation, transmission, distribution and other energy infrastructure. The combined company would serve approximately 10 million utility customer accounts across Florida, Virginia, North Carolina and South Carolina.
Supporting America's Growing Energy Demand
Wynson Securities Limited said the proposed combination comes at a time of increasing electricity demand across the United States, driven by data-center development, industrial expansion, electrification and broader economic growth.
The combined company would have approximately 110 gigawatts of generation across a diversified portfolio that includes natural gas, nuclear power, renewable energy and battery storage. More than 80% of the combined company's operations would be regulated, providing a platform for continued investment in generation, transmission, distribution and grid resilience.
A representative of Wynson Securities Limited said the proposed combination represents a significant development in the U.S. energy sector.
"The proposed combination brings together two major energy businesses at a time when reliable, affordable and scalable power infrastructure is becoming increasingly important. The transaction has the potential to create a stronger platform for long-term investment in generation, transmission and grid infrastructure while supporting the growing energy needs of American businesses and communities."
Strengthening Energy Infrastructure
The combination would bring together Dominion Energy's local operating presence and customer relationships with NextEra Energy's financial resources, infrastructure development capabilities, supply-chain expertise and experience managing large-scale investments in generation and the electric grid.
The companies have said the combination is intended to provide greater scale to finance, develop, construct and operate the infrastructure required to support growing electricity demand.
Benefits for Customers
As part of the proposed transaction, the companies have committed to providing $2.25 billion in shareholder-funded bill credits to Dominion Energy customers in Virginia, North Carolina and South Carolina over two years following completion of the transaction.
The companies have also committed that merger-related costs will not be passed on to customers.
Dominion Energy's operating companies would remain locally led and separately regulated, with Dominion Energy Virginia, Dominion Energy North Carolina and Dominion Energy South Carolina continuing to operate under their respective names.
Transaction Structure
Under the terms of the agreement, Dominion Energy shareholders will receive 0.8138 shares of NextEra Energy for each Dominion Energy share they own at the closing of the transaction.
Following completion, NextEra Energy shareholders are expected to own approximately 74.5% of the combined company, while Dominion Energy shareholders are expected to own approximately 25.5%.
The transaction is structured as an all-stock combination and is expected to be tax-free to shareholders, subject to applicable tax requirements. The combined company will operate under the NextEra Energy name and continue trading on the New York Stock Exchange under the ticker NEE.
Shareholder Approval and Regulatory Review
Shareholders of both companies approved the proposed transaction on September 3, 2026, marking an important milestone toward completion.
The transaction remains subject to additional regulatory approvals and customary closing conditions. The companies have filed applications with the Virginia State Corporation Commission, North Carolina Utilities Commission, Public Service Commission of South Carolina, Federal Energy Regulatory Commission and Nuclear Regulatory Commission.
The companies currently expect the transaction to close in the second half of 2027, subject to receipt of the required approvals.
Creating a Stronger Energy Platform
Upon completion, the combined company is expected to have a broader and more diversified platform for investing in America's energy infrastructure.
With electricity demand rising across the Southeast and nationally, the companies believe the combination will provide greater scale to finance, develop, construct and operate generation and grid infrastructure required to support customers, businesses and communities.
The companies expect the combination to deliver long-term benefits through increased operating scale, procurement efficiencies, financial strength and expanded opportunities to invest in generation, transmission and other energy infrastructure.
About Wynson Securities Limited
Wynson Securities Limited is serving as a Communications Representative in connection with the proposed combination of NextEra Energy and Dominion Energy.
Wynson Securities Limited
Hong Kong Office
129 Harbour Road
Wan Chai, Hong Kong
+852 3853 8410
info@wynsonsl.com
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