Tag: utility_merger
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Fairfax Supervisor Alcorn Testifies Against $67 Billion NextEra-Dominion Merger
Hunter Mill Supervisor Walter Alcorn told Virginia regulators he opposes NextEra Energy's $67 billion purchase of Dominion Energy, citing rate hikes, local accountability and climate and grid reliability concerns.
Politics and GovernmentBusinessLaw EnforcementEnergyState GovernmentsReal EstateLegalEconomy NextEra EnergyDominion EnergyWalter AlcornVirginia State Corporation CommissionFairfax Countyutility mergerelectricity ratesHunter Mill District
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Connecticut Officials Oppose NextEra-Dominion Merger Over Energy Cost Concerns
Connecticut Governor Lamont and Attorney General Tong are challenging the NextEra-Dominion merger, fearing it will raise energy costs for families and businesses. They argue the $67 billion deal creates a near-monopoly on New England's nuclear power.
Politics and GovernmentBusinessScience & TechnologyGeneral PoliticsEconomyEnergyLegalEnvironment NextEra EnergyDominion EnergyConnecticutEnergy CostsUtility MergerNuclear PowerFERCConnecticut Governors Office
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Governor Spanberger Intervenes in NextEra-Dominion Merger, Citing Energy Affordability Concerns
Virginia Governor Abigail Spanberger has formally intervened in the proposed $67 billion NextEra-Dominion merger, prioritizing energy affordability, job protection, and clean energy goals. This unprecedented action marks the first time a Virginia governor has intervened before the State Corporation Commission.
Politics and GovernmentBusinessScience & TechnologyGeneral PoliticsState GovernmentsEconomyEmployment and LaborEnvironmentLegal Abigail SpanbergerNextEra EnergyDominion EnergyState Corporation CommissionEnergy AffordabilityUtility MergerVirginiaReston