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NextEra in Talks to Combine With Dominion Energy

NextEra Energy Inc. is in discussions to combine with Dominion Energy Inc. in a mostly stock deal, according to reporting on the talks between the two utility companies. Both Dominion Energy and NextEra serve millions of customers across multiple states. The stock structure would allow shareholders in both companies to maintain equity participation in the combined entity. Regulatory approval would be required before any transaction could be completed.