NextEra Energy strikes $66.8 billion deal for Dominion in bets on AI power demand (opens in new tab)

NextEra Energy will buy Dominion Energy in an all-stock transaction valued at about $66.8 billion, creating the world’s largest regulated electric utility by market value, as U.S. utilities race to meet surging demand from data centers fuelling the artificial ​intelligence boom. The deal, one of the largest in the U.S. power industry, adds to a […] The post NextEra Energy strikes $66.8 billion deal for Dominion in bets on AI power demand appeared first on OODAloop.