Massive Florida-based power company NextEra Energy announced today its plan to acquire Virginia’s Dominion Energy, citing the growth of A.I. data centers as the impetus for the move. In response, Public Citizen Energy Program director Tyson Slocum issued the following statement: “This absurd propos...

NextEra is reportedly seeking a $400 billion merger with Dominion to dominate booming AI-driven U.S. power demand.

NextEra, with a market value of just under $195 billion, is one of the largest power producers in the U.S.

The merger comes as utilities face pressure from increased manufacturing, electrification, and large load facilities such as data centers.