Google inked a 25-year deal with NextEra Energy to help restart the 615 MW Duane Arnold nuclear plant in Iowa, shuttered since 2020. (Axios)
The power will feed into the regional grid—not just Google servers. But the agreement gives NextEra the financing it needs to bring the reactor back online by 2029.
The trend: Microsoft and Constellation struck a similar deal last year to revive Three Mile Island’s remaining reactor, and Google recently backed a carbon-capturing gas plant in Illinois. Brookfield, meanwhile, is in talks to buy and restart a massive two-reactor site in South Carolina.