Virginia Governor To Intervene In Dominion-NextEra Merger

Longtime Slashdot reader schwit1 shares an opinion piece from the Washington Post, written by Virginia Governor Abigail Spanberger: NextEra Energy, a Florida-based utility company, has filed paperwork to buy Dominion Energy for about $67 billion, creating the largest regulated electric utility in the world. Virginia's State Corporation Commission is the regulatory body tasked with reviewing the application, and the SCC's commissioners will ultimately decide whether to approve, deny or impose new conditions on any potential merger. As a Virginian, I am deeply skeptical about whether selling our primary state-regulated utility to an out-of-state company is good for the commonwealth. I have serious questions about what this deal would mean...

Read the full article at the source.