Jennifer Hiller

Jennifer Hiller Seven months ago, former Energy Secretary Rick Perry described as genius an idea from Texas energy billionaire Toby Neugebauer

Agreement could come as soon as Monday, assuming talks don’t fall apart.

Jennifer Hiller, Lauren Thomas NextEra Energy is in advanced talks to buy rival utility Dominion Energy in a deal that would be one of the

NextEra Energy agreed to buy Dominion Energy in a roughly $67 billion deal that would create a utility giant and represent one of the biggest tie-ups of the year.

NextEra and Dominion must convince state and federal regulators that combining two of the U.S.’s largest utilities will benefit customers and avoid increasing electricity bills.

Jennifer Hiller NextEra Energy and Dominion Energy have agreed to combine in a blockbuster utilities deal. Now comes the hard part: a regulatory marathon.

Interest has accelerated as the tech industry touts the technology as a solution to the electricity demands of artificial intelligence.

Invenergy is the latest energy developer to exit U.S. offshore wind, agreeing to a settlement with the Interior Department to relinquish four offshore wind leases. The company will receive $765 million, a partial refund of the money it previously paid the government, the administration said Wednesd

The 2.7-gigawatt project will have its own on-site power plant fueled by Chevron’s local natural-gas production.