NextEra Energy (NEE) is reportedly weighing a massive move for Dominion Energy (D), with talks centered on a mostly stock deal that could value Dominion at abou

D strikes an all-stock merger with NextEra, offers 0.8138 shares per share and projects over 9% annual EPS growth through 2032.

NextEra Energy (NYSE:NEE | NEE Price Prediction) announced on May 18, 2026 an all-stock agreement to acquire Dominion Energy (NYSE:D) for $67 billion, a figure the press release frames as the

The acquisition will make NextEra Energy the top renewable and nuclear company in the country. The deal comes amid unprecedented energy demands from data centers and hyperscalers.

I am rating Dominion (D) a Strong Buy because I believe the company is increasingly becoming a regulated power infrastructure platform for AI and data center demand. The growth drivers are data center load, CVOW execution, storage, proposed NextEra merger, which creates a larger platform with more than 130GW of large-load opportunities and expected 9% EPS growth. My EBITDA estimations assume Dominion can move from an implied FWD EBITDA base of $8.5Bn to $11.271Bn by 2029 to 2030 driven by data center load conversion.

AI-driven power demand is creating a secular growth story for energy and power infrastructure, shifting market leadership from semiconductors to energy and metals. Williams Companies, EQT Corp., Vistra Corp., and NextEra Energy are positioned at critical points in the AI power supply chain. WMB and EQT benefit from rising natural gas demand; VST leverages wholesale power pricing and Texas data center growth; NEE offers regulated utility dividend growth and data center partnerships.

NextEra and Dominion Energy's massive merger may depend on ​whether the combined company can keep power bills in check even as it rushes to supply the energy-hungry data ‌centers that have pushed consumer electricity prices higher.

How and how much energy we'll consume tomorrow and beyond is to some degree unknown. If readers are doubtful, they need only travel back in time to January 27, 2025.

NEE's $67 billion bid for Dominion would form the largest regulated utility, targeting more than 9% annual adjusted EPS growth through 2032.

NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Dominion Energy, Inc. (NYSE: D) to NextEra Energy, Inc. (NYSE: NEE). Under the terms of the proposed transaction, shareholders of Dominion will receive 0.8138 shares of NextEra for each share of Dominion that they own. KSF is seeking to determine whether this consideration and the process that.