NextEra Energy signs 25-year power purchase agreement with Google and acquires remaining minority stakes to restart Duane Arnold Energy Center
Type: Ppa · Technology: Nuclear, Other · Country: United States · Capacity: 615 MW · Announced: 2025-10-28
NextEra Energy agreed to sell 24/7 carbon-free power from the planned restart of the 615 MW Duane Arnold nuclear plant to Google under a 25-year agreement, and signed definitive agreements to acquire Central Iowa Power Cooperative and Corn Belt Power Cooperative’s combined 30% interest to take 100% ownership and restart the facility by Q1 2029.
Counterparties
- NextEra Energy, Inc (Seller)
- Corn Belt Power Cooperative (Seller)
- Central Iowa Power Cooperative (Seller)
- Google LLC (Offtaker)
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