AI’s Growing NEE-D for Power Fuels $130 Billion Utility Deal – Merger Arbitrage Mondays
Dominion Energy, Inc. (D): $67.67 Market Cap: $59.51 B Deal Value: $130 B NextEra Energy, Inc. (NEE) entered a merger agreement on May 18, 2026, to acquire Dominion Energy for…
Written byAsif SuriaSource: InsideArbitrage
Dominion Energy, Inc. (D): $67.67 Market Cap: $59.51 B Deal Value: $130 B NextEra Energy, Inc. (NEE) entered a merger agreement on May 18, 2026, to acquire Dominion Energy for $130 billion, creating one of the world’s largest electric utilities if the deal closes. The deal is one of the biggest energy mergers ever. The