AI Data Centers Are About to Break the Grid. One Company Just Spent $67 Billion to Fix It
Key takeaways
- AI Data Centers Are About to Break the Grid.
- The analyst who called NVIDIA in 2010 just named his top 10 stocks and Dominion Energy wasn t one of them.
- The headline works out to $76 per Dominion share, paid as 0.8138 shares of NextEra Energy plus an aggregate $360 million cash payment, a 21% premium to Dominion s prior Friday close.
AI Data Centers Are About to Break the Grid. One Company Just Spent $67 Billion to Fix It Omor Ibne Ehsan Thu, May 21, 2026 at 9:10 PM GMT+7 4 min read D NEE NVDA NEE-PS NEE-PT Quick Read The deal positions Next Era to serve over 30 active data center hubs by year-end with a path toward 40, capitalizing on projected electricity consumption all-time highs in 2026-2027 and data center peak demand doubling by the late 2030s, pending regulatory approval over 12 to 18 months.
The analyst who called NVIDIA in 2010 just named his top 10 stocks and Dominion Energy wasn t one of them. Get them here FREE.
NextEra Energy (NYSE:NEE) announced on May 18, 2026 an all-stock agreement to acquire Dominion Energy (NYSE:D) for $67 billion, a figure the press release frames as the largest energy deal since the 1998 Exxon-Mobil merger. The headline works out to $76 per Dominion share, paid as 0.8138 shares of NextEra Energy plus an aggregate $360 million cash payment, a 21% premium to Dominion s prior Friday close.