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NextEra to Buy Dominion in $67 Billion AI Power Play

The new company would have a $249 billion market cap, ranking third in U.S. energy sector

Georgina Mackie

May 18, 2026 — 2 min read

Photo: NextEra CEO John Ketchum

WASHINGTON, May 18, 2026 - A $67 billion utility merger would unite the company powering North Virginia’s data center corridor with one of the nation's leading energy developers.

NextEra Energy said Monday it would acquire Dominion Energy in an all-stock transaction that would create the world's largest regulated electric utility.

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Chevron Data Center Artifical Intelligence NextEra Energy Northern Virginia Dominion Energy Exxon Mobil New York Stock Exchange Robert Blue

EchoStar Says Subsidiaries Should be Able to Draw on FCC Trust

Dish Wireless and Dish DBS are planning to split their bankruptcy cases as Dish Wireless’s drags

Carr Names Hunter Deeley as FCC Enforcement Bureau Chief

Deeley is taking over for Patrick Webre.

House Subcommittee Advances Broadband Bills

Lawmakers are still working with stakeholders and the FCC to refine a bill on streamlining satellite licensing

For a Century, Journalists Have Had a Voluntary Ethics Code. Editors Are Giving it An AI-era Reboot

The SPJ believes these updates are crucial for maintaining journalistic integrity in a rapidly changing industry.

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