SouthernWorldwide.com – NextEra Energy announced on Monday its intention to acquire Dominion Energy in an all-stock transaction valued at approximately $67 billion.
This significant deal will merge two of the nation’s largest utility companies, a move that comes as electricity demand is experiencing a surge. This increased demand is largely attributed to the rapid growth in artificial intelligence and data centers.
The combined entity is set to serve a substantial customer base, estimated at around 10 million utility customers. These customers are located across several key states, including Florida, Virginia, North Carolina, and South Carolina, as detailed in a statement released by NextEra Energy.
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— This is a developing story and will be updated.
