NextEra seeks $67 billion Dominion Energy takeover (opens in new tab)

NextEra Energy agreed to acquire Dominion Energy in an all-stock transaction valued at about $66.8 billion to $67 billion, a deal the companies said would create the world’s largest regulated electric utility business by market capitalization. The combined company would serve about 10 million utility customer accounts across Florida, Virginia, North Carolina and South Carolina and have about 110 gigawatts of generation on its system. The companies cited rising electricity demand from AI data ...