May. 20 at 4:21 PM
$NEE $D NextEra Energy announced a plan to acquire Dominion Energy in a
$66.8 billion deal that would create one of the world's largest electric utilities.
The combined company would have an enterprise value of roughly
$420 billion, making it the 3rd-biggest American energy company behind oil majors Exxon and Chevron but bigger than the next two largest U.S. power companies combined.
* NextEra is the largest U.S. utility with a market capitalization of about
$185.68 billion. Following its acquisition of Dominion, it would have a market cap of roughly
$249 billion.
* Operates through Florida Power & Light, which serves Florida, and NextEra Energy Resources, which develops and sells power from wind, solar, battery storage and generation assets across the U.S. and in parts of Canada.
* The combined company would provide services to roughly 10 million utility customer accounts across FL, VA, NC and SC.
* Combined they will have 130 gigawatts of data center pipeline & 260 GW capacity in 2032.
