NextEra Energy to acquire Dominion in a $67 billion utility deal
Summary
NextEra Energy announced it will buy Dominion Energy in a deal worth about $67 billion. The new company will provide electricity to around 10 million customers in four U.S. states.Key Facts
- NextEra Energy is acquiring Dominion Energy entirely through a stock deal.
- The deal is valued at approximately $67 billion.
- The combined company will serve customers in Florida, Virginia, North Carolina, and South Carolina.
- The acquisition comes as demand for electricity rises due to AI and data centers.
- Together, the utilities will cover about 10 million electricity customers.
- The agreement was announced on a Monday.
- The story is ongoing and updates may follow.
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