AI Forced Two Utilities to Merge… Here’s How to Profit

InvestorPlace
2026.05.20 18:56
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NextEra Energy Inc. announced its acquisition of Dominion Energy Inc. for nearly $67 billion, creating the world's largest regulated electricity utility. This merger aims to meet the rising electricity demands of AI infrastructure, with Dominion powering Virginia's data centers. The deal values Dominion at $75.97 per share, and the combined company will serve about 10 million customers. Following the announcement, Dominion's stock rose over 14%, while NextEra's fell more than 4%. The merger positions NextEra to capitalize on the growing demand for electricity driven by AI.