Market
NextEra, Dominion combination ushers in new era of power, utilities consolidation
ZivFin AnalysisMay 18, 2026
On Monday, Florida-based NextEra Energy, North Americaās largest investor-owned electric utility, announced it had entered an agreement to combine with Dominion Energy, creating the worldās largest regulated electric utility business. The $66.8 billion all-stock transaction is the latest evidence of growing consolidation in the US public energy and utilities sector to meet the exponential demand for power to fuel the AI buildout. Goldman Sachs estimates in a February report that global data cent