COMPANIES · ENERGY & GRID

Dominion Energy

Dominion Energy is a regulated utility serving about 3.6 million electricity customers in Virginia, North Carolina and South Carolina, plus natural gas customers in South Carolina; it owns nuclear, gas, solar and offshore wind generation.

InfrastructureEnergy & grid
What it does

Dominion Energy is a regulated utility serving about 3.6 million electricity customers in Virginia, North Carolina and South Carolina, plus natural gas customers in South Carolina; it owns nuclear, gas, solar and offshore wind generation.

Why it matters

Its Virginia territory includes Loudoun County, the world's densest data-center cluster, and the company says new data centers are driving significant accelerated demand growth. In May 2026 it agreed to combine with NextEra Energy in a pending all-stock deal.

How it makes money

Homes, businesses and data centers pay regulated rates for electricity and gas service.

Geography

United States (Richmond, Virginia)

AI stack position

Energy and the electrical grid. The companies that generate, distribute and manage the electricity AI infrastructure runs on. AI data centers use enormous amounts of power, so the companies producing and delivering that electricity are just as critical to the AI economy as the chip makers.

Same-layer peers

Same-layer peers share an editorial stack classification; that alone does not establish direct competition.

Connections (2)

Every connection below is tied to a readable source, date, classification and statement of its limits. A company source establishes what that company stated; it does not necessarily provide independent confirmation.

Dated or announced (2)

NextEra Energy agreed to combine with Dominion Energy
Partners withDated / announced
NextEra Energy said it agreed to combine with Dominion Energy in an all-stock deal, with Dominion shareholders receiving 0.8138 NextEra shares per share and owning about 25.5% of the combined company.

Source: 2026-05-18 · reviewed 2026-09-26

Evidence: Primary-source statement · Announced; pending shareholder and regulatory approvals

Limits: A pending transaction expected to take 12 to 18 months and requiring FERC, NRC and state approvals; does not establish that it will close.

NextEra Energy and Dominion Energy to Combine, Creating the World's Largest Regulated Electric Utility Business ↗
Dominion Energy signed an MOU to explore small modular reactors with Amazon Web Services
Partners withDated / announced
Dominion Energy said its Virginia utility and Amazon signed a memorandum of understanding to explore commercial and financing structures for small modular reactor development in Virginia.

Source: 2024-10-16 · reviewed 2026-09-26

Evidence: Primary-source statement · Memorandum of understanding; exploratory

Limits: An exploratory MOU; does not establish that any reactor will be built, power volumes, pricing, or Amazon funding amounts.

Dominion Energy and Amazon to explore advancement of Small Modular Reactor (SMR) nuclear development in Virginia ↗
Evidence for this profile

Dominion Energy announces 2025 financial results ↗
Reviewed

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Inclusion in this database is not an endorsement of a company or its securities. Nothing here is a recommendation to buy or sell anything, and none of it is individualized investment advice. See the disclosures. Data: AI Map v3.24, released .