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
The new company would have a $249 billion market cap, ranking third in U.S. energy sector
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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The joint venture will bring in about $4 billion in annual revenue, the companies said
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