Jennifer Hiller

Fermi said Thursday it terminated co-founder and former CEO Toby Neugebauer for cause, an escalation of leadership turmoil at the company that plans to build a giant power and data-center campus in Texas. Neugebauer [left the CEO role earlier this mont

Fermi co-founder Toby Neugebauer isn’t going without a fight. The power startup said Thursday that it had terminated Neugebauer for cause, a move that removed the entrepreneur from the company’s board of directors.In a statement late Thursday, Neugebauer described Fermi’s move as “completely misg

Kevin McGurn helped drive the company’s unexpected foray into fusion energy. Now, he will have to figure out how to manage a diverse group of businesses as its CEO.

Fermi raced to go public. After an 80% drop in the stock price, its founders are battling over what comes next.

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.