U.S. utility giant NextEra Energy is reportedly in advanced negotiations to acquire rival Dominion Energy in a significant stock-for-stock transaction. The deal is valued at approximately $66 billion, with NextEra considering an offer of about $76 per share for Dominion. This merger could create a utility powerhouse exceeding $400 billion, as both companies aim to address surging electricity demands amid the growing needs of AI data centers. As discussions progress, analysts and investors are closely monitoring the developments for potential impacts on the energy market.