Dominion Energy climbs on $66.8 bln deal with NextEra Energy

NextEra Energy

18/05/2026 14:40

Updates

** Shares of utility Dominion Energy D.N surges 11.1% to $68.47, their highest since November 2022

** 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 4% at $89.58

** Including session's moves, D up 17.1% and NEE ahead 11.5% YTD

 (Reporting by Tharuniyaa Lakshmi and Dharna Bafna in Bengaluru)

 ((tharuniyaa@thomsonreuters.com))