AI’s Growing NEE-D for Power Fuels $130 Billion Utility Deal – Merger Arbitrage Mondays
Dominion Energy, Inc. (D): $67.67
Market Cap: $59.51 B
Deal Value: $130 B
NextEra Energy, Inc. (NEE) entered a merger agreement on May 18, 2026, to acquire Dominion Energy for $130 billion, creating one of the world’s largest electric utilities if the deal closes.
The deal is one of the biggest energy mergers ever. The new company’s total enterprise value o…
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