NextEra Will Buy Dominion Energy in Largest-Ever Electric Utility Deal

Is Dominion’s plan to merge with NextEra good or bad for Virginians?

Dominion Energy offices in Richmond, Va. (Photo by Parker Michels-Boyce for the Virginia Mercury)Man, even the Pope doesn’t like data centers. In his new encyclical on artificial intelligence, Pope Leo XIV laid out the dangers of the mad rush to replace humans with AI. Amid the concerns for the dignity and future of humanity, he took a moment to mention the environmental damage involved: Current AI systems require enormous amounts of energy and …

2 Monster Energy Stocks to Hold for the Next 10 Years

Key PointsNextEra Energy and Chevron are two global leaders in renewable energy and oil and gas.NextEra's merger with Dominion Energy will create a massive utility with data center exposure.Chevron's future looks very bright after closing its contested acquisition of Hess Corporation.10 stocks we like better than NextEra Energy › Size is a competitive advantage in the energy industry, where larger assets and balance sheets can provide stability,…

Data centers fuel Dominion-NextEra merger — and customer worries

The explosive growth of data centers may upset many Virginians, but it looked like an opportunity to Wall Street — one that NextEra Energy is reaching for by merging with Dominion Energy.

NextEra Will Buy Dominion Energy in Largest-Ever Electric Utility Deal

Florida-headquartered NextEra Energy, one of the largest U.S. power utilities, is set to buy Virginia-based Dominion Energy in an all-stock deal valued at about $67 billion. The companies announced the deal on May 18, one day after several outlets including POWER reported the energy groups were discussing an agreement to create a utility giant that would have assets from coast to coast. The purchase will create the largest regulated electric uti…