WeSearch

NextEra, Dominion announce merger to create U.S. power behemoth

· 0 reactions · 0 comments · 18 views
NextEra, Dominion announce merger to create U.S. power behemoth

U.S. power giants NextEra Energy and Dominion Energy announced plans Monday to merge in the largest electricity deal — by far — since the mainstreaming of AI. Why it matters: The deal, if approved by regulators, would enable massive scale as the industry looks to expand generation and related infrastructure to meet rising demand. The all-stock merger "creates the world's largest regulated electric utility business by market capitalization and one of the world's largest energy infrastructure comp

Original article
Axios
Read full at Axios →
Anonymous · no account needed
Share 𝕏 Facebook Reddit LinkedIn Threads WhatsApp Bluesky Mastodon Email

Discussion

0 comments

More from Axios