Multiple reports say NextEra is proposing a large merger with Dominion worth about $420 billion, aimed at strengthening the infrastructure needed for the next phase of artificial intelligence in the United States. The deal centers on control of what is often referred to as “data centre alley,” a geographic corridor associated with high concentrations of data centers and related grid and power capacity. According to the coverage, the proposed transaction would combine NextEra’s and Dominion’s assets and capabilities to support the rapid growth of data centers that power AI services. The reporting also frames the merger as a way to secure long-term capacity for expanding compute and power demands from large-scale AI deployments. While details of the structure, timing, and regulatory process are not consistent across the excerpts provided, both sources describe the same core elements: the scale of the proposed deal, the involvement of NextEra and Dominion, and the focus on gaining or consolidating control over the US data center corridor that underpins AI infrastructure growth.