NextEra Energy to Buy Dominion Energy for $66.8 Billion
NextEra Energy will buy Dominion Energy for $66.8 billion to create the largest US utility. The deal targets rising power demand from AI data centers.
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NEXTERA ENERGY INC will acquire DOMINION ENERGY INC for $66.8 billion in a deal creating the largest United States electric utility. The acquisition ranks among the largest in the power industry as companies consolidate to meet surging AI electricity demand. Investors gain exposure to the world's largest data center market through Dominion's dominant position in Northern Virginia.
