NextEra Energy beat Wall Street estimates for third-quarter adjusted profit on Wednesday, helped by strength in its renewables unit and increased power demand.
NextEra Energy beat Wall Street estimates for third-quarter adjusted profit on Wednesday, helped by strength in its renewables unit and increased power demand.
The US’s largest utility megadeal is running into fierce opposition, as concerns over electricity affordability and anti-monopoly sentiment mount before November’s midterm elections.
U.S. power firm NextEra Energy (NEE.N), is discussing a mostly stock deal for Dominion Energy (D.N), that would value the smaller Virginia-based utility at about $76 per share, or around $66 billion, Bloomberg News reported on Sunday.
Toronto-Dominion Bank expects to raise about $14 billion through the sale of its entire stake in Charles Schwab Corp. as part of a corporate overhaul in the wake of its historic US money-laundering settlement.
Enbridge (ENB.TO) will buy three utilities from Dominion Energy (D.N) for $14 billion including debt, the Canadian pipeline operator said on Tuesday, creating North America’s largest natural gas provider and doubling its gas distribution business.