Gov. Abigail Spanberger has removed Rector John Rocovich from Virginia Tech’s Board of Visitors, citing misconduct in a letter sent Wednesday. On Thursday, she announced that Edward Baine, executive vice president of utility operations and president of Dominion Energy Virginia, would replace Rocovich on the board for the remainder of his term, which ends in […]

Leading clean energy utility, NextEra Energy (NYSE:NEE), has agreed to buy Dominion Energy (NYSE:D) in an all-stock transaction valued at $66.8 billion, marking the largest power utility acquisition on record. The merger unites Florida-based NextEra Energy and Virginia-based Dominion Energy to create the world’s largest regulated electric utility, a power sector titan with an enterprise value exceeding $400 billion including debt. The historic consolidation is directly driven by the artificial intelligence infrastructure boom, with high-performance…