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The Guardian - US
The Guardian - US
Business
Gaya Gupta

NextEra to buy Dominion in $67bn deal creating US utility giant

a utility worker stands in a raised basket near power lines
A Dominion Energy lineman lifts himself up to work on a power line in the aftermath of Hurricane Helene on 29 September 2024, in North Augusta, South Carolina. Photograph: Artie Walker Jr./AP

NextEra, a US energy giant, announced on Monday that it will buy Dominion Energy in a $67bn deal, creating what the companies say will be the world’s largest regulated utility business.

The deal comes as the appetite for energy sources has swelled with the construction of massive datacenters across the country, built largely to supply rising demand for AI.

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