NextEra Energy Inc. agreed to pay about $67 billion in stock for Dominion Energy Inc. in the biggest power acquisition ever, creating a giant utility extending from Florida to the artificial intelligence data centers clustered in Virginia.
NextEra Energy Inc. agreed to pay about $67 billion in stock for Dominion Energy Inc. in the biggest power acquisition ever, creating a giant utility extending from Florida to the artificial intelligence data centers clustered in Virginia.
The Dominion Energy headquarters in Richmond, Virginia, US.
NextEra Energy Inc. is in discussions to acquire utility rival Dominion Energy Inc. in a mostly stock deal aimed at helping address the growing demand for power from data centers, according to a person familiar with the matter.
NextEra Energy Inc. is in discussions to acquire utility rival Dominion Energy Inc. in a mostly stock deal aimed at helping address the growing demand for power from data centers, according to a person familiar with the matter.
A Dominion Energy Inc. sign at a field office in Springfield, Virginia. Photographer: Luke Johnson/Bloomberg
American Electric Power Co., one of the biggest utilities in the US, is seeking to raise $2.6 billion in a share sale as artificial intelligence technology drives booming demand for electricity.
American Electric Power Co., one of the biggest utilities in the US, is seeking to raise $2.6 billion in a share sale as artificial intelligence technology drives booming demand for electricity.
US utility Entergy Corp. boosted its four-year capital spending plan by nearly a third to $57 billion, mainly to build natural gas-fired power plants for Meta Platforms Inc.’s massive data center development in northern Louisiana.
US utility Entergy Corp. boosted its four-year capital spending plan by nearly a third to $57 billion, mainly to build natural gas-fired power plants for Meta Platforms Inc.’s massive data center development in northern Louisiana.
The Meta store in Burlingame, California, US, on Sunday, April 26, 2026. Meta Platforms Inc. is scheduled to release earnings figures on April 29. Photographer: Benjamin Fanjoy/Bloomberg
A consortium including Macquarie Group Ltd. has agreed to sell Louisiana utility Cleco Power to Stonepeak Partners LP and Bernhard Capital Partners, the companies said in a statement Monday, underscoring surging investor demand for electricity and grid assets.
A consortium including Macquarie Group Ltd. has agreed to sell Louisiana utility Cleco Power to Stonepeak Partners LP and Bernhard Capital Partners, the companies said in a statement Monday, underscoring surging investor demand for electricity and grid assets.
The Cleco Power office in Pineville, Louisiana. Photographer: Jasen Lo/AP Photo
A consortium including Macquarie Group Ltd. is nearing a deal to sell Louisiana utility Cleco Power to Stonepeak Partners LP and Bernhard Capital Partners for nearly $6 billion, according to people familiar with the matter.
A consortium including Macquarie Group Ltd. is nearing a deal to sell Louisiana utility Cleco Power to Stonepeak Partners LP and Bernhard Capital Partners for nearly $6 billion, according to people familiar with the matter.
Costs to build natural gas-fired power plants in the US increased 66% between 2023 and 2025 as developers propose building more projects nationwide to meet rising electricity demand, adding to customer and political concerns about rising power bills.
Costs to build natural gas-fired power plants in the US increased 66% between 2023 and 2025 as developers propose building more projects nationwide to meet rising electricity demand, adding to customer and political concerns about rising power bills.
A natural gas-fired power plant in Antioch, California.
GE Vernova Inc., one of the world’s only makers of big natural-gas turbines, soared the most in intraday trading since mid-December after its electrification unit sold more grid equipment, including substations and transformers, to data center customers in the first quarter than all of last year.
GE Vernova Inc., one of the world’s only makers of big natural-gas turbines, soared the most in intraday trading since mid-December after its electrification unit sold more grid equipment, including substations and transformers, to data center customers in the first quarter than all of last year.
Gas turbines made by GE Vernova at a data center under construction in Abilene, Texas. Photographer: Kyle Grillot/Bloomberg
The latest dispute underscores the mounting challenges for an industry that Democratic governors once saw as key to replacing fossil fuels.
AT SEA - JULY 07: In an aerial view, wind turbines generate electricity at the Block Island Wind Farm on July 07, 2022 near Block Island, Rhode Island. The first commercial offshore wind farm in the United States is located 3.8 miles from Block Island, Rhode Island in the Atlantic Ocean. The five-turbine, 30 MW project was developed by Deepwater Wind and began operations in December, 2016 at a cost of nearly $300 million. (Photo by John Moore/Getty Images) Photographer: John Moore/Getty Images North America
Meta Platforms Inc. is paying for the construction of seven new natural gas-fired plants to fuel its most power-hungry data center, increasing its reliance on fossil fuels amid a fast-moving artificial intelligence race.
Meta Platforms Inc. is paying for the construction of seven new natural gas-fired plants to fuel its most power-hungry data center, increasing its reliance on fossil fuels amid a fast-moving artificial intelligence race.
A rendering of Meta’s planned data center in Louisiana Photographer: Source: Meta
Alphabet Inc.’s Google is moving ahead with plans for a major data center in Michigan that features a 20-year electricity contract requiring it to cover the full expense of adding a haul of new clean power.
Alphabet Inc.’s Google is moving ahead with plans for a major data center in Michigan that features a 20-year electricity contract requiring it to cover the full expense of adding a haul of new clean power.
President Donald Trump’s $33 billion deal with Japan to build the largest US gas power project in Ohio hasn’t secured binding commitments, still needs to lock in equipment suppliers and was a complete surprise to the state’s regulator and grid operator.
President Donald Trump’s $33 billion deal with Japan to build the largest US gas power project in Ohio hasn’t secured binding commitments, still needs to lock in equipment suppliers and was a complete surprise to the state’s regulator and grid operator.
Duke Energy has signed deals with Microsoft and Compass to power expansive data center complexes under construction in North Carolina as the artificial intelligence boom supercharges the demand for electricity.
Duke Energy has signed deals with Microsoft and Compass to power expansive data center complexes under construction in North Carolina as the artificial intelligence boom supercharges the demand for electricity.
Michigan Attorney General Dana Nessel moved for a reconsideration of the approval for utility DTE Energy to power a massive data center development planned by Oracle and OpenAI and called the companies “untrustworthy” in a statement Thursday.
Michigan Attorney General Dana Nessel moved for a reconsideration of the approval for utility DTE Energy to power a massive data center development planned by Oracle and OpenAI and called the companies “untrustworthy” in a statement Thursday.
Dana Nessel, Michigan attorney general, speaks during the Democratic National Convention (DNC) at the United Center in Chicago, Illinois, US, on Wednesday, Aug. 21, 2024. The Democratic National Convention this week marks the ceremonial crowning of Vice President Kamala Harris and Minnesota Governor Tim Walz as the party's presidential nominees, capping off a whirlwind month for Democrats who quickly coalesced behind the new ticket after President Joe Biden dropped out of the race in July.
There’s no clear mechanism for a company like OpenAI to follow through on its commitments.
Cabinets housing servers inside a data hall at a NextDC Ltd. data center in Sydney, Australia, on Monday, Dec. 8, 2025. OpenAI partnered with Australian data center operator NextDC to build a A$7 billion ($4.6 billion) large-scale computing cluster in Sydney, accelerating its expansion in the Asia-Pacific region. Photographer: Brent Lewin/Bloomberg
NextEra Energy Inc. is offering large amounts of power for sale from its nuclear plants in Wisconsin and New Hampshire, as major technology companies race to secure nuclear energy for artificial-intelligence data centers.
NextEra Energy Inc. is offering large amounts of power for sale from its nuclear plants in Wisconsin and New Hampshire, as major technology companies race to secure nuclear energy for artificial-intelligence data centers.
The Seabrook Nuclear Power Plant, more commonly known as Seabrook Station and owned by NextEra Energy Inc., in Seabrook, New Hampshire on March 15, 2011.
AnmeldenBloomberg Technology
Bloomberg Markets
Bloomberg Green
Bloomberg Politics
