DOMINION ENERGY, INC

Dominion Energy announced its second-quarter 2026 results, reporting GAAP net income of $0.37 per share, a decrease from $0.88 per share in Q2 2025. However, operating earnings (non-GAAP) increased to $0.79 per share from $0.75 per share in the prior year period. The company reaffirmed its full-year 2026 operating earnings guidance range of $3.45 to $3.69 per share, with a midpoint of $3.57 per share, along with all other financial guidance provided earlier.

Dominion Energy, Inc. announced it entered into an underwriting agreement on June 8, 2026, for the sale of $1.5 billion in aggregate principal amount of junior subordinated notes. This includes $1 billion of 2026 Series A Junior Subordinated Notes and $500 million of 2026 Series B Junior Subordinated Notes, both due in 2056. The offering was underwritten by Morgan Stanley & Co. LLC, RBC Capital Markets, LLC, U.S. Bancorp Investments, Inc., and Wells Fargo Securities, LLC.

Dominion Energy, Inc. entered into an underwriting agreement on June 3, 2026, for the sale of $825 million aggregate principal amount of its 2026 Series A 5.35% Senior Notes due 2036. The notes were registered under Rule 415 and will be issued pursuant to the Thirty-First Supplemental Indenture. Citigroup Global Markets Inc., Deutsche Bank Securities Inc., PNC Capital Markets LLC, and U.S. Bancorp Investments, Inc. are acting as representatives for the underwriters.

Dominion Energy, Inc. filed an 8-K detailing the conditions and risks associated with its previously announced merger agreement with NextEra Energy, Inc. The merger is contingent on various approvals, including from shareholders of both companies and multiple governmental entities such as FERC, USNRC, and state commissions, without imposing "burdensome conditions." The company highlighted significant risks if the merger fails, including adverse reactions from rating agencies and financial markets, reputational damage, employee retention challenges, substantial costs, and potential litigation.

Dominion Energy, Inc. has entered into a definitive Agreement and Plan of Merger with NextEra Energy, Inc. Under the terms, Dominion Energy shareholders will receive 0.8138 shares of NextEra Energy common stock and a pro rata share of an aggregate $360 million in cash for each Dominion Energy share. This combination aims to create the world's largest regulated electric utility business, operating under the NextEra Energy name, and is expected to be immediately accretive to NextEra Energy's adjusted earnings per share. The merger also includes commitments for $2.25 billion in bill credits for Dominion Energy customers and the appointment of four Dominion Energy representatives to NextEra Energy's board.

Dominion Energy, Inc. has successfully extended the maturity dates of two significant revolving credit facilities, enhancing its financial flexibility and liquidity profile. The Sustainability Revolving Credit Agreement, originally dated June 9, 2021, now matures on April 7, 2029, with options for further one-year extensions. Concurrently, the Core Revolving Credit Agreement, which includes Virginia Electric and Power Company and Dominion Energy South Carolina, Inc. as borrowers, has had its maturity extended to April 8, 2031. These extensions provide Dominion Energy with continued access to capital and stable financing for its operations and strategic initiatives.