NextEra Energy is set to restart its Duane Arnold nuclear power plant in Iowa under a 25-year contract to supply electricity to Google data centers. This comes amid rising electricity demands from the tech industry, sparking renewed interest in nuclear energy. NextEra also signed 11 agreements with Meta Platforms for over 2.5 GW of energy, with projects expected online between 2026 and 2028. The company forecasts adjusted earnings of $3.62-$3.70 per share for 2025, reflecting a surge in power demand.
NextEra Energy is set to restart its Duane Arnold nuclear power plant in Iowa under a 25-year contract to supply electricity to Google data centers. This comes amid rising electricity demands from the tech industry, sparking renewed interest in nuclear energy. NextEra also signed 11 agreements with Meta Platforms for over 2.5 GW of energy, with projects expected online between 2026 and 2028. The company forecasts adjusted earnings of $3.62-$3.70 per share for 2025, reflecting a surge in power demand.