Industry
103d agoNextEra Energy Acquires Dominion in $66.8 Billion Deal
NextEra Energy will buy Dominion Energy in an all-stock transaction valued at $66.8 billion. This merger creates the largest regulated electric utility by market value. The move targets the surging power demand from AI data centers.
The Signal
It secures critical energy infrastructure for hyperscalers as they scale compute capacity to support next-generation model training.