Particle.news
Download on the App Store

Google, NextEra Seal 25-Year Deal to Restart Iowa’s Duane Arnold Nuclear Plant by 2029

The pact secures 24/7 carbon‑free power for Google’s Iowa AI expansion under NextEra’s planned sole ownership, pending regulatory clearance.

Overview

  • The shuttered 615‑MW Duane Arnold reactor, closed in 2020 after derecho damage, is slated to return to service in early 2029 subject to Nuclear Regulatory Commission approvals.
  • A Federal Energy Regulatory Commission waiver granted in August cleared a key path for the restart, and NextEra has filed licensing change requests with the NRC.
  • Under the 25‑year agreement, Google will take the majority of output for its cloud and AI operations, with Central Iowa Power Cooperative set to buy the remainder on the same terms.
  • NextEra signed deals to acquire the combined 30% stakes of CIPCO and Corn Belt Power Cooperative, making it the plant’s sole owner once the transaction closes.
  • The companies cite about 1,600 construction jobs, roughly 400 permanent roles and $340 million in annual statewide economic output, and a NextEra spokesperson says Google will cover restart costs so Iowa customer rates do not rise.