Overview
- Google will purchase approximately 615 MW from Duane Arnold under a 25-year contract to support its Iowa cloud and AI operations with 24/7 carbon-free power.
- NextEra is acquiring the combined 30% stake held by Central Iowa Power Cooperative and Corn Belt Power Cooperative to become sole owner of the plant.
- CIPCO will buy the plant’s remaining output on the same terms as Google, according to the companies.
- Operations are targeted for early 2029 pending regulatory approvals, with a key FERC waiver granted in August and NRC coordination underway.
- Google and NextEra also signed a framework to explore additional U.S. nuclear projects, and they project about 1,600 construction jobs, roughly 400 permanent roles, and $340 million in annual statewide economic output.