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NextEra Energy Near Deal for Rival Utility Dominion
The Wall Street Journal131d agoneutral
NextEra Energy Near Deal for Rival Utility Dominion

NextEra Energy is in advanced talks to buy rival utility Dominion Energy in a deal that would be one of the largest of the year, according to people familiar with the matter. Florida-based NextEra has a market value of nearly $200 billion, while Virginia-based Dominion has a market value of around $50 billion. NextEra owns Florida Power & Light, the largest electric utility in the U.S., and is also a large developer of power generation and transmission.