The country’s most valuable utility didn’t like offshore wind. But a proposed merger with Dominion would include a $11.4 billion project in Coastal Virginia.

The combined company will serve about 10 million utility customers across Florida, Virginia, North Carolina and South Carolina.

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

NextEra Energy’s US$67 billion deal for rival Dominion Energy suggests even the industry’s biggest companies need to grow. Read more.

NextEra Energy Inc.’s $67 billion deal for rival Dominion Energy Inc., the largest utility acquisition in US history, suggests even the industry’s biggest companies…

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…

John Ketchum says 'it's the right thing to do to finish it' when asked about 2.6GW project underway by merger partner Dominion

The $67-billion all-stock merger is a “no-brainer,” said NextEra CEO John Ketchum.

NextEra Energy has agreed to acquire Dominion Energy in a $66.8 billion all-stock deal, creating the world's largest regulated electric utility with over $400 billion in…

NextEra Energy is seeking to acquire Dominion Energy in an all-stock deal valued at about $67 billion.

The $66.8 billion combination, which follows several other high-profile utility mergers, gives NextEra a foothold in Virginia's growing data center and battery storage markets.

NextEra's move to buy Dominion is a big bet on scale and affordability to win over developers.

The proposed utility deal touches everything from electricity bills to Richmond's corporate footprint.

By Claudia Assis and Andrew Keshner

NextEra’s blockbuster deal with Dominion means the largest electricity company stands to benefit even more from AI growth. But what does it mean for ratepayers?

Analysts said the deal, which could create the largest regulated electric utility in the world, marks a shift back toward an integrated utility model.

The Biggest Challenge of a Utility Megadeal: Regulators

NextEra Energy announced plans on Monday to acquire Dominion Energy in an all-stock deal valued at about $67 billion, creating a massive power company as...

NextEra’s blockbuster deal with Dominion likely means higher bills for consumers.

NextEra Energy's $67 billion all-stock bid for Dominion Energy would create the world's largest regulated utility, but regulatory approval hinges on rising power bills.

The CEOs behind the proposed tie-up stress that scale matters amid soaring demand, but regulators will want to have their say