Credit rating agencies require NextEra Energy to maintain a certain balance between its regulated and unregulated businesses.

Some analysts are optimistic that the NextEra-Dominion merger will receive regulatory approval, particularly from Virginia's legislature and regulators.

Analysts predict a wave of consolidation in the US utility industry.

The inflation rate for electricity prices outpaced the overall inflation rate last month.

NextEra Energy is acquiring Dominion Energy to rebalance its business between its regulated utility operations and its unregulated renewables development arm.

Demand from data centers has driven astronomical growth in NextEra Energy's renewable energy development business in recent years.

NextEra Energy has become one of the largest renewable energy developers in the US in the past couple of years.

Virginia is home to Data Center Alley, which is the largest concentration of data centers in the United States.

US utilities are collectively planning to spend trillions of dollars over the next five years on new generation, transmission, and grid upgrades.

A Bloomberg analysis found that the data center boom has contributed to higher electricity prices.

Electricity demand forecasts in Virginia for the next few years are expected to significantly exceed the current supply capacity of local utilities.