---
title: "As Big Tech's power demand surges, data -2-"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288152675.md"
description: "Utilities with contracted data center customers in high-growth corridors are being repriced from regulated infrastructure to strategic AI assets, driven by surging Big Tech power demand. The NextEra/Dominion deal sets a new benchmark for this valuation shift. Investors face near-term opportunities in these utilities, while long-term questions focus on the extent of integration and ownership control over power infrastructure."
datetime: "2026-05-30T18:56:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288152675.md)
  - [en](https://longbridge.com/en/news/288152675.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288152675.md)
---

# As Big Tech's power demand surges, data -2-

For investors, the near-term trade is more straightforward. Utilities with large, contracted data center customer bases in high-growth corridors are being repriced from regulated infrastructure to strategic AI assets. The NextEra/Dominion deal sets a new benchmark for that repricing. The more interesting longer-term question is how far the integration goes, and who ends up owning the on/off switch.

More: Meet the Nvidias of power - 5 stocks winning Big Tech's $700 billion AI energy grab

Also read: The anti-AI movement gains a powerful ally: The pope

\-Jurica Dujmovic

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

05-30-26 1456ET

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