NextEra Energy and Dominion Energy accepted 101 of 117 proposed conditions while seeking Virginia approval for their $67 billion merger.

NextEra Energy and Dominion Energy offered additional concessions while seeking Virginia approval for their proposed $67 billion merger. According to the supplied report, they accepted 101 of 117 conditions proposed by commission staff and the state attorney general’s consumer counsel.

The accepted measures included additional financial protections and an expansion of the utility’s board to include two independent directors. The report does not detail the financial protections or assign a monetary value to those commitments.

The companies opposed a six-year rate freeze and a proposed three-year rate cap, and retained reservations about establishing a separate board for the Virginia utility. The acceptance of most proposed conditions should not be interpreted as final regulatory approval or completion of the merger.