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The Nexus
BUSINESSMay 18 · 22:39 UTCSEMAFORBrendan Ruberry

NextEra deal with Dominion sets up largest global utility

NextEra Energy is acquiring Dominion Energy in a deal creating the world's largest utility, driven by surging AI-related energy demand. The combined entity would lead globally in renewables and battery storage while powering major data centers, though regulators may scrutinize it as potentially too large to regulate.

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