RICHMOND, VA (Rocktown Now) — Dominion Energy filed its application on Wednesday with the Virginia State Corporation Commission seeking approval of NextEra Energy’s proposed 67-billion-dollar acquisition.
Virginia law gives regulators just 60 days to review what is reportedly the largest utility acquisition in US history and determine whether it serves the public interest. However, the SCC and the General Assembly can extend this window as needed.
Lieutenant Governor Ghazala Hashmi recently wrote a letter to SCC Commissioners calling for a stronger review framework and additional scrutiny of the proposed acquisition.
