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NextEra to buy Dominion in $66.8 billion deal as AI data center demand grows

US power companies NextEra Energy (NEE.N) and Dominion Energy (DN) announced a plan to merge on Monday in a $66.8 billion deal that will form one of the world’s largest electric utilities during an expansion of energy-intensive data centers to support artificial intelligence. The all-stock transaction, which is pending regulatory approvals, is one of the … Read more

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