Clean energy utility acquiring Dominion Energy in a landmark $66.8B deal.
“Dominion Energy – Acquired by NextEra Energy at $66.8B… 3.8x revenue and 8.4x EBITDA… signals that large-scale utility assets continue to attract strategic buyers.”
Source→“NextEra is acquiring the regulated wires, substations and interconnection in Northern Virginia's Data Center Alley, the grid chokepoint connecting AI data centers to power.”
“Struck at a 13.9x TTM EV/EBITDA multiple, the deal is one of the largest power transactions on record.”
AI-extracted from podcast / newsletter / paper summaries. May contain errors.