Leading clean energy utility, NextEra Energy (NYSE:NEE), has agreed to buy Dominion Energy (NYSE:D) in an all-stock transaction valued at $66.8 billion, marking the largest power utility acquisition on record. The merger unites Florida-based NextEra Energy and Virginia-based Dominion Energy to create the world’s largest regulated electric utility, a power sector titan with an enterprise value exceeding $400 billion including debt. The historic consolidation is directly driven by the artificial intelligence infrastructure boom, with high-performance…

NextEra Energy announced plans on Monday to acquire Dominion Energy in an all-stock deal valued at about $67 billion, creating a massive power company as electricity demand rises i...

Dominion Energy and Florida-based NextEra Energy are proposing a merger to create the largest regulated electric utility in the country, hosting about 110 gigawatts of power combined. If approvals from the slate of regulatory agencies are secured, it will mean the two companies would provide power to roughly 10 million customers across Florida, Virginia, North […]

NextEra Energy is seeking to acquire Dominion Energy, which could bring customers in the Carolinas under the umbrella of one of the largest power companies in the United States. The combined company would become the world’s largest regulated electric utility with about 10 million customers and 110 gigawatts worth of power on its system, executives […]