1551 ET - Regulatory approval for NextEra Energy's deal to buy Dominion Energy could be challenging, given Dominion's relationships with regulators in Virginia remain shaky, Seaport Research Partners analyst Angie Storozynski says in a note. While all three commissioners from the State Corporation Commission in Virginia are new, the regulator could retaliate against Dominion after what Storozynski calls "more than two decades of legislative abuse of the Commission by the utility." The SCC will likely require upsized customer bill credits, and could also require credit ringfencing of Dominion Energy Virginia, Storozynski says. "The financing benefit of the merger would then disappear, but with few alternatives, NEE would still likely go along with the acquisition," Storozynski says. (kelly.cloonan@wsj.com)

(END) Dow Jones Newswires

May 20, 2026 15:52 ET (19:52 GMT)

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