NextEra Agrees to Buy Dominion in $67 Billion All-Stock Deal, Creating $400 Billion Utility
NextEra Energy agreed to buy Dominion Energy in an all-stock deal valued at about $67 billion, turning days of takeover talks into the biggest power acquisition ever. The combination would create a roughly $400 billion utility stretching from Florida to the data centers clustered in Virginia.
The agreement follows earlier reports that NextEra was weighing an offer of about $76 a share for Dominion in a transaction valued around $66 billion. The merger joins two major players in the race to supply electricity to AI-linked data centers, as rising power demand drives consolidation in the US utility sector.
From the sources (25 posts)
@firstsquawkNextera Energy in talks to combine with Dominion Energy: FT
@wallstengineNEXTERA AND DOMINION ARE IN TALKS TO CREATE A $400B UTILITY GIANT FT reports $NEE and $D are discussing a mostly stock tie-up that could be announced as soon as next week. Combined enterprise value would be roughly $400B NextEra EV: near
@ftNextEra and Dominion in talks over tie-up to create $400bn US utility giant
@negligible_cap*NEXTERA ENERGY IN TALKS TO COMBINE WITH DOMINION ENERGY: FT $D potentially merging with $NEE according to the FT. Deal will likely be mostly stock. $D has an EV of $110Bn $NEE has an EV of $308Bn This deal would not only open up a spot
@ftBreaking news: A potential tie-up between US power company NextEra Energy and its rival Dominion Energy would rank as one of the largest deals of all time
@businessNextEra Energy is in discussions to combine with utility rival Dominion Energy in a mostly stock deal, the Financial Times reported
@oilheadlinenewsNEXTERA ENERGY IN TALKS TO COMBINE WITH DOMINION ENERGY: FT
@businessThe size and scope of this deal underscores how unprecedented electricity demand is driving a merger wave in the once-sleepy power sector
@stockmktnewzANOTHER SINGLE LETTER TICKER MAY BE ABOUT TO BECOME AVAILABLE NextEra $NEE is reportedly in talks to acquire Dominion Energy $D for roughly $66 Billion - WSJ
@reutersNextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
@negligible_cap*NEXTERA ENERGY & DOMINION ENERGY TO COMBINE IN ALL STOCK DEAL Definitely some regulatory concerns here
@cnbcNextEra Energy and Dominion to merge, combining two key players in the race to power AI data centers
@wsjBreaking: NextEra agreed to buy rival utility Dominion in a roughly $67 billion deal, one of the biggest of the year
@businessNextEra Energy Inc. agreed to pay about $67 billion in stock for Dominion Energy Inc. in the biggest power acquisition ever, creating a giant utility extending from Florida to the data centers clustered in Virginia.
@zerohedge*NEXTERA ENERGY & DOMINION ENERGY TO COMBINE IN ALL STOCK DEAL
@wallstengine$NEE is reportedly discussing a mostly stock deal for $D that would value Dominion at about $66B, or roughly $76/share. The deal would create a much larger U.S. utility platform as power demand from data centers keeps rising, but it has not
@ftNextEra strikes energy megadeal with Dominion to create $400bn utility
@staunovoNextEra to Buy Dominion Energy in $67 Billion Deal Deal to combine two of the largest U.S. utilities into an East Coast energy titan
@mtsliveSITUATION DETECTED: NextEra Energy will acquire Dominion Energy in an all-stock deal valued at $66.8B, creating the world’s largest regulated electric utility by market value.
@staunovoNextEra to buy Dominion in $66.8 billion US power deal amid AI boom
@axiosNextEra, Dominion announce merger to create U.S. power behemoth
@joshyoung$67 billion energy deal: NextEra is buying Dominion in an all-stock deal $nee $d
@yahoofinance$D jumps on potential acquisition by NextEra Energy
@oilheadlinenewsNextEra to buy Dominion Energy in $67 billion all stock deal
@sullycnbcBiggest utility deal in American history. NextEra buying Virginia’s Dominion. Makes $NEE the data center power king and Dominion now passes on its massive offshore wind power station. Market likely now shifts focus to who may be next t