Miniatures of windmill, solar panel and electric pole are seen in front of NextEra Energy logo in this illustration taken January 17, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

Event overview

NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports

Updated yesterday
Reuters
New York Post
CNBC
The Hill
NPR
6 articles6 sources
Multiple perspectives

NextEra Energy and Dominion Energy are reported to be pursuing a mostly stock deal valuing Dominion at about $66 billion, or roughly $76 per Dominion share, according to Bloomberg News and Reuters coverage. The agreement would create the world’s largest regulated electric utility, and the combination is framed in the context of rising electricity demand driven by AI data centers and the Northern Virginia data center market. Several outlets note the deal would be stock-based with a possible small cash component and imply a majority ownership for NextEra’s shareholders. Discrepancies exist on framing and exact terms, with NY Post highlighting specific share-exchange metrics not corroborated in Reuters.

What this means

Concrete downstream impact: coverage notes that the merger would create the world’s largest regulated electric utility, potentially affecting electricity pricing and supply as AI data-center demand grows, with NPR and Ars Technica citing affordability and data-center demand as context. Reuters also frames the deal as a stock-based merger valued around $66 billion, implying potential cross-company implications for ratepayers and market composition. This highlights a stake in electricity pricing and regional data-center markets, notably Northern Virginia.

Original reporting (6)
Miniatures of windmill, solar panel and electric pole are seen in front of NextEra Energy logo in this illustration taken January 17, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
Reuters
Reuters
Balanced
5/17/2026

NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports

U.S. power firm NextEra Energy is discussing a mostly stock deal for Dominion ​Energy that would value the smaller Virginia-based utility at ‌about $76 per share, or around $66 billion, Bloomberg News reported on Sunday.

An image collage containing 1 images, Image 1 shows Illustration of miniatures of a solar panel, an electric pole, and a windmill in front of the NextEra Energy logo
New York Post
New York Post
Leaning right
5/18/2026

NextEra discussing $66B deal for Dominion Energy: report

US power firm NextEra Energy is discussing a mostly stock deal for Dominion Energy that would value the smaller Virginia-based utility at about $76 per share, or around $66 billion, Bloomberg News reported on Sunday. The offer represents a premium of roughly 21% to Dominion’s closing price on Friday, according to.

NextEra Energy to buy Dominion in deal that unites two key players in race to power AI data centers
CNBC
CNBC
Leaning left
5/18/2026

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

Dominion powers the world's largest data center market in Northern Virginia. NextEra is the biggest renewable energy developer in the U.S.

NextEra and Dominion say they will merge, creating utility giant
The Hill
The Hill
Balanced
5/18/2026

NextEra and Dominion say they will merge, creating utility giant

Electric companies NextEra and Dominion will merge, they announced on Monday. The merger would create the world’s largest regulated electric utility, the companies said in a press release. The move comes as electricity prices have been on the rise — up an average of 6.1 percent year-over-year in April across the.

Why you should care about 2 power companies merging. Hint: affordability
NPR
NPR
Leaning left
5/18/2026

Why you should care about 2 power companies merging. Hint: affordability

Utility giant NextEra Energy announced plans to acquire Dominion Energy on Monday. The merger comes as electricity demand and rates rises with the AI data center expansion. Marco Bello/Getty Images hide caption Stay up to date with our Up First newsletter sent every weekday morning. One of the largest electricity.

View of company HQ
Ars Technica
Ars Technica
Leaning left
5/19/2026

Electrical utility megamerger is all about the data centers

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. The proposal, announced Monday morning and contingent on state and.