NextEra Energy Is Said to Be in Talks to Acquire Dominion

NextEra Energy Inc. is in discussions to acquire utility rival Dominion Energy Inc. in a mostly stock deal aimed at helping address the growing demand for power from data centers, according to a person familiar with the matter.

A transaction could be announced as soon as Monday, said the person, who asked not to be identified because the information was private. An agreement hasn’t been reached and talks could still end without one, the person added.