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moves money Ars Technica May 19, 2026

Electrical utility megamerger is all about the data centers

Electrical utility megamerger is all about the data centers
AI Summary

A proposed merger of the largest utility in the country by market value, NextEra Energy, with the sixth-largest, Dominion, would create a megacompany at a time when data centers and rapid increases in electricity demand are reshaping the industry. The proposal, announced Monday morning and contingent on state and federal regulatory approval, would result in a company that leads in nearly every aspect of the US power and utility industry, including overall electricity generation, natural gas gene

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