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Dominion Energy, NextEra Energy's Shareholders Approve Planned Merger

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Dominion Energy Inc (D) shareholders have given consent to the company to proceed with a planned merger with NextEra Energy (NEE), according to regulatory filings Thursday.

NextEra shareholders approved the issuance of NextEra common stock to Dominion shareholders under the merger agreement, with 99.47% of votes cast supporting the proposal, the filing said.

The filing showed that NextEra shareholders also approved an increase in the company's authorized common shares to 5 billion from 3.2 billion, with 99.02% of votes cast in favor.

NextEra Energy's shareholders also voted to approve the steps required to close the deal, but the deal still awaits final regulatory approvals before officially closing, according to the regulatory filing.

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