Spanberger intervenes in NextEra-Dominion merger case: 'Will not watch from the sidelines'
Article excerpt
ARLINGTON, Va. (7News) - Virginia Gov. Abigail Spanberger announced on Thursday that she is exercising her authority to formally intervene in the proposed $67 billion NextEra- Dominion Energy merger. The governor’s office said this is an unprecedented action and that Gov. Spanberger will become the first Governor of Virginia to intervene in a case before the State Corporation Commission. “For a Deal This Consequential, I Will Not Watch from the Sidelines,” said Gov. Spanberger. The Governor’s office said the Governor is outlining “three non-negotiable priorities that will guide her involvement as the SCC conducts its review: delivering more affordable energy bills for Virginia families and small businesses, protecting Virginia’s utility workforce, and accelerating Virginia’s progress toward producing affordable, reliable, local, and clean power into the future.” In response, Dominion Energy Chair, President and CEO Robert Blue told 7News: On Thursday, 7News requested comment from NextEra and the SCC. A bi-partisan group of lawmakers are asking Gov. Spanberger to convene a special session to pass legislation to extend the merger review period with the SCC. That has not happened yet. The governor’s announcement of intervening in the merger comes one day after the SCC ordered Dominion Energy to require data centers to pay for new transmission line infrastructure that is...
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Dominion Energy has over 200 transmission line projects in the works to upgrade Virginia’s power infrastructure and meet the demands of the more than 600 power-hungry data centers.