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AI’s power hunger is turning electric utilities into Wall Street growth stocks — and customers may pay the price

As data centers drive record demand, utilities like NextEra are using 10% profit margins on infrastructure investment to justify billion-dollar buildouts.

AI’s power hunger is turning electric utilities into Wall Street growth stocks — and customers may pay the price

As data centers drive record demand, utilities like NextEra are using 10% profit margins on infrastructure investment to justify billion-dollar buildouts.

Markets Fortune Jun 23, 2026

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