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NextEra Energy Near Deal for Rival Utility Dominion

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NextEra Energy

NEE

-2.42%

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decrease; red down pointing triangle

is in advanced talks to buy rival utility Dominion Energy D -1.97%decrease; red down pointing triangle in a deal that would be one of the largest of the year, according to people familiar with the matter.

The potential tie-up comes as the artificial-intelligence race is propelling significant electricity-demand growth for the first time in decades.

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