Deal would create largest regulated US utility, serving 10 million customers as AI-driven demand for power surges
NextEra, a US energy giant, announced on Monday that it will buy Dominion Energy in a $67bn deal, creating what the companies say will be the world’s largest regulated utility business.
The deal comes as the appetite for energy sources has swelled with the construction of massive datacenters across the country, built largely to supply rising demand for AI.
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This article was originally published by The Guardian and written by Gaya Gupta.
Read original article on The Guardian