Climate Change
A Utility Mega-Merger Is All About Data Centers
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?
A proposed merger of the largest utility in the country by market value, NextEra Energy, with the sixth-largest, Dominion, would create a megacompany at a time when data centers and rapid increases in electricity demand are reshaping the industry.