Google to Buy Power From Old NextEra Reactor, Fox Business Says

NextEra Energy Inc. is planning to restart the Duane Arnold nuclear power plant in Iowa, primarily to supply Google data centers, according to a report Monday on Fox Business.

The plant is expected to start delivering power by 2029 under a partnership with Google’s parent company Alphabet Inc., according to the report. The 600-megawatt plant shut down in 2020, but NextEra has been evaluating a restart for at least a year amid surging demand for power.

NextEra shares were up as much as 3.4% on Monday in New York.

Read More: NextEra ‘Very Interested’ in Reviving Closed Iowa Nuclear ...