Dominion Said to Discuss Deal for NOVEC in Data Center Bet
A power substation near a data center in Ashburn, Virginia.
Photographer: Nathan Howard/BloombergDominion Energy Inc. is in talks to buy the Northern Virginia Electric Cooperative in a move that would expand the utility giant’s reach in the heart of the global data center market, according to people with knowledge of the situation.
Dominion could clinch a deal to acquire the smaller utility in the coming months, said one of the people.