NextEra Energy has successfully closed a $66.8 billion all-stock merger with Dominion Energy, establishing the largest regulated electric utility business by market capitalization. The merger, which grants NextEra shareholders a 74.5% stake in the combined entity, is set to undergo a regulatory review. This major development follows NextEra's strategic shift to increase investments in gas-fired power plants and data centers, driven by surging demand for AI services, reflected in their 2025 net income rise to $2.97 billion. As the company enhances its nuclear capabilities and modernization projects, it lays the groundwork for sustained growth amid expanding energy needs.
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