Deals

NextEra Energy Aims for Largest M&A Deal this Year

CEO John Ketchum is waking up the sleepy utilities sector and wants access to a key AI grid.

Dominion Energy Inc. vehicles at a field office in Springfield, Virginia, US, on Monday, Oct. 27, 2025.Photographer: Luke Johnson/Bloomberg

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By David Carnevali

May 18, 2026 at 2:31 PM UTC

This article is for subscribers only.

Hi, it’s David Carnevali in New York, with the largest M&A deal of the year—and it’s in the previously very sleepy power sector of all places. Also today, a closer look at the surge in UK takeovers.

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