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Utility Merger Under Fire | Richmond News
A $67 billion utility merger between NextEra and Dominion could become the largest in U.S. history, but its fate hinges on Virginia’s SCC—whose new chair, Kelsey Bagot, previously worked as a senior attorney for NextEra. Critics, including Clean Virginia and lawmakers, argue the 180-day review window is too short and point to unanswered questions in the application. Governor Abigail Spanberger has officially intervened, pledging not to dictate the SCC’s decision while urging public input by November 9. With massive stakes and a conflicted regulator at the helm, this deal is shaping up to be…
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