NextEra-Dominion $190bn merger creates world's largest regulated utility as AI power race intensifies

NextEra Energy Inc's (NYSE:NEE) $190 billion all-stock takeover of Dominion Energy Inc (NYSE:D) announced on Monday would create the world's largest regulated electric utility and marks the most significant consolidation yet in the scramble to meet surging electricity demand from artificial intelligence data centres. The combination brings together two complementary pieces of the AI power puzzle.