NextEra’s $66.8B Dominion Deal Secures Power for 51GW of AWS Data Centers
NextEra Energy will acquire Dominion for $66.8 billion in stock, issuing 0.8138 NextEra shares plus a pro rata share of $360 million cash per Dominion share, implying about $76 per share and giving NextEra shareholders 74.5% of the combined company. Dominion powers 51GW of data centers, including Amazon AWS.
1. Deal Terms
NextEra Energy agreed to acquire Dominion Energy in a $66.8 billion all-stock transaction that will exchange 0.8138 NextEra shares and a pro rata share of a $360 million cash payment for each Dominion share.
2. Shareholder Breakdown
Based on NextEra’s closing price, the deal values Dominion at roughly $76 per share, representing a 23% premium to its prior close, and will leave existing NextEra shareholders with about 74.5% of the combined company’s equity.
3. AWS Data-Center Implications
Dominion’s regulated utility network powers almost 51 gigawatts of contracted data-center capacity, including key AWS facilities, suggesting potential shifts in power supply and pricing for Amazon’s cloud operations under NextEra’s management.