NextEra, Dominion announce merger to create U.S. power behemoth

U.S. power giants NextEra Energy and Dominion Energy announced plans Monday to merge in the largest electricity deal — by far — since the mainstreaming of AI.Why it matters: The deal, if approved by regulators, would enable massive scale as the industry looks to expand generation and related infrastructure to meet rising demand.The all-stock merger "creates the world's largest regulated electric utility business by market capitalization and one of the world's largest energy infrastructure compan...