For investors, the near-term trade is more straightforward. Utilities with large, contracted data center customer bases in high-growth corridors are being repriced from regulated infrastructure to strategic AI assets. The NextEra/Dominion deal sets a new benchmark for that repricing. The more interesting longer-term question is how far the integration goes, and who ends up owning the on/off switch.
More: Meet the Nvidias of power - 5 stocks winning Big Tech's $700 billion AI energy grab
Also read: The anti-AI movement gains a powerful ally: The pope
-Jurica Dujmovic
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