Solar Company Nextpower Eyes AI’s Power Needs With Battery Deal


The purchase adds to a flurry of deals as power companies reposition themselves to meet a surge in electricity demand driven by artificial intelligence. Last week, NextEra Energy Inc. agreed to pay about $67 billion in stock for Dominion Energy Inc., the industry’s largest-ever acquisition. Overall, electricity demand from data centers will likely more than double over the next decade, according to BloombergNEF. 



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