A new mega-deal shows how AI has turned utilities into hot property
NextEra and Dominion must now win over regulators
Last updated: 2026-05-22 00:42:26 ET
NextEra and Dominion must now win over regulators
NextEra Energy plans to acquire Dominion Energy to create the largest electricity producer in the United States.
Three-quarters of Americans say their home energy costs have climbed in recent years
Deal would create largest regulated US utility, serving 10 million customers as AI-driven demand for power surgesNextEra, a US energy giant, announced...
The combined company will serve about 10 million utility customers across Florida, Virginia, North Carolina and South Carolina.
A tie-up between the two would create one of the largest power companies in the US by market value.
A deal, involving the utilities in Florida and Virginia, would come as demand for power is soaring, largely because of the rapid growth of A.I. data c...
Unlock the AI Macro Analyst to drill down into the data, explore hidden risks, and query the entire market briefing in real-time.
LOG IN / SUBSCRIBE