NextEra Energy to buy Dominion in deal that unites two key players in race to power AI data centers

Budrul Chukrut | Lightrocket | Getty Images NextEra Energy will buy Dominion Energy in an all-stock deal that unites two leading players in the race to meet growing electricity demand from data center s that run artificial intelligence applications. The deal will create the largest regulated electric utility in the world, the companies said Monday. NextEra shareholders will own 74.5% of the combined company while Dominion investors will own 25.5%. …