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WHITE HOUSE✒ EDITORIALABSURDITY:
State regulators to allow part of NextEra’s political past to be examined in Dominion merger case
Filed 4h ago · Via Florida Phoenix · The Buffoon Desk
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Kevin MacLeod · incompetech.com · CC BY 4.0
Photo: The White House from Washington, DC · Public domain · via Wikimedia Commons
The Virginia State Corporation Commission ruled that documents on an internal investigation into NextEra's failed bid to buy a Jacksonville utility can be examined as part of the $67 billion Dominion merger case. The order followed a push from Clean Virginia, which argued NextEra's political history, including a $150 million settlement this June over alleged political interference in Florida, bears directly on how the company would run a Virginia utility.
Dominion's lawyer argued the old conduct is irrelevant given staff turnover since then; the commission disagreed enough to grant the discovery request, though it denied a separate push for five years of NextEra's public opinion spending. Separately, the Attorney General wants the merger clock reset after NextEra and Dominion amended the deal in September, a change that could push the case into spring.
Regulators are currently required to rule by Jan. 11, a deadline now in question as the paper trail grows.
The full dispatch is available from the source below.
✒ FROM THE EDITORIAL DESK
Funny how a company's old habits keep showing up right when it wants everyone to judge it fresh. A $150 million settlement over messing with elections isn't ancient history just because a few names on the letterhead changed, and the commission seems to agree that's worth a look before signing off on a $67 billion deal. Customers footing the bill deserve to know who they're really getting, not who the press release says is in charge now.