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Dominion Energy climbs on $66.8 billion deal with NextEra Energy

Updates

** Shares of utility Dominion Energy D.N surge 15% to $71.05 premarket

** NextEra Energy NEE.N to buy Dominion in $66.8 billion deal, one of the largest acquisitions in the U.S. power industry as utilities chase surging electricity demand from AI-driven data centers

** Upon closing, NextEra shareholders to own 74.5% of the combined company

** Transaction expected to close in 12 to 18 months

 ** NEE down ~2% at $91.85 premarket

** As of last close, D up 5.4% YTD

(Reporting by Tharuniyaa Lakshmi and Dharna Bafna in Bengaluru)

((tharuniyaa@thomsonreuters.com))

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