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5/19/2026

The World’s Largest Utility Is Being Built to Power the AI Boom

The artificial intelligence boom just claimed its biggest infrastructure deal yet — and it has nothing to do with chips or software. NextEra Energy announced Monday it will acquire Virginia-based Dominion Energy in an all-stock transaction valued at approximately $66.8 billion, creating the world’s largest regulated electric utility by market capitalization and marking one of the most significant utility mergers in a generation.

3 min read