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Josh Saul

Verified
  • Reporter, Bloomberg News
  • None, Bloomberg (BNA), includes Bloomberg Environment
  • None, Bloomberg
New York
As seen in: Bloomberg News, MSN, UOL, Bloomberg Green Daily, Estadão, MSN Philippines, Nature, The Economic Times, The Independent (UK), The Washington Post, Yahoo Canada and
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Articles

NextEra to Buy Dominion for $67 Billion to Form Power Giant

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By Josh Saul Verified, Mark Chediak Verified
| Insurance Journal Verified
NextEra Energy Inc. agreed to pay about $67 billion in stock for Dominion Energy Inc. in the biggest power acquisition ever, creating a giant utility extending from Florida to the artificial intelligence data centers clustered in Virginia. The scope of the transaction underscores how the spike in AI-driven power demand is pushing the utilities sector to seek ever-greater size and clout.
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NextEra to buy Dominion for $67 billion to create US power giant

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By Mark Chediak Verified, Josh Saul Verified, David Carnevali Verified
| Miami Herald Verified
NextEra Energy Inc. agreed to pay about $67 billion in stock for Dominion Energy Inc. in the biggest power acquisition ever, creating a giant utility extending from Florida to the artificial intelligence data centers clustered in Virginia. The scope of the transaction underscores how the spike in AI-driven power demand is pushing the utilities sector to seek ever-greater size and clout.
Open in Who Shared View Duplicates (29) Issue with article?

NextEra to Buy Dominion for $67 Billion to Form Power Giant (4) Original

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By Josh Saul Verified, Mark Chediak Verified, David Carnevali Verified
| Bloomberg Law Verified
agreed to pay about $67 billion in stock for in the biggest power acquisition ever, creating a giant utility extending from Florida to the data centers clustered in Virginia. The deal would give NextEra a swathe of electricity assets stretching across Virginia and the Carolinas and position it as a dominant utility in a region that’s struggling to meet the surge in demand from newly built artificial intelligence facilities.
Open in Who Shared View Duplicates (2) Issue with article?
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