Data centers powering the AI boom are pitting states against each other [CNN]
Dominion Energy, Inc. (D)
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Source: CNN
“Right now, we need to produce power here in our state … because Virginia has a million data centers which are sucking all the power out of our market,” Sherrill said at one debate, “We need to produce here, lower costs here, and stop putting the costs on the ratepayers of New Jersey.” (Sherrill was exaggerating: Virginia has 666 data centers, according to the Data Center Map , while New Jersey has 82.) A CNN reporter read Sherrill's quote just before the November 4 election to Virginia Gov.-elect Abigail Spanberger. Sherrill and Spanberger are longtime friends and former roommates “Mikie!” Spanberger responded. “Go ahead. We'll take the revenue.” While Spanberger and others have celebrated the economic benefits of data centers, the incoming governor also noted in her victory speech that tech corporations would have to develop sustainably and cover their costs, with energy bills spiking across the region. Democrats campaigning on affordability are confronting the demands crea
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Sec Filings
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- 11/13/25 - Form SCHEDULE
- 11/10/25 - Form S-3ASR
- D's page on the SEC website