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NextEra Energy and Google Collaborate on Accelerating Nuclear Power Deployment

LCG, October 28, 2025--NextEra Energy and Google yesterday announced two agreements that will help meet growing electricity demand from artificial intelligence (AI) with clean, reliable, 24/7 nuclear power and strengthen the nation's nuclear leadership. First, Google signed a new, 25-year agreement for power generated at the Duane Arnold Energy Center, Iowa's only nuclear power facility. The 601-MW boiling water reactor unit was shut down in 2020 and is expected to commence operations by the first quarter of 2029, pending regulatory approvals to restart the plant.

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Google Announces Gas-fired Broadwing Energy Project with CCS

LCG, October 23, 2025--Google announced today a first-of-its kind agreement to support a natural gas-fired power plant with carbon capture and storage (CCS). The 400-MW Broadwing Energy power project, located in Decatur, Illinois, will capture and permanently store its carbon dioxide (CO2) emissions. By agreeing to buy most of the power it generates, Google is helping get this new, baseload power source built and connected to the regional grid that supports our data centers.

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Industry News

Spanish Endesa Won't Bid for Brazil's Copel

LCG, Oct. 9, 2001--Spanish global energy company Endesa said yesterday it would not bid in the privatization sale of integrated utility Companhia Paranaense de Energia, commonly called Copel, by the southern state of Parana.

Endesa joins Electricit de France in withdrawing from the auction, placing the sale in doubt. "The market is full of uncertainty about whether Copel's auction would happen at all after Endesa's pullout," said an official of a Brazilian bank.

Between 76.5 percent and 90 percent of the voting stock in Copel will be sold in an auction on October 31, depending on how many of the company's minority shareholders participate in a government offer to buy their shares for inclusion in the auction.

But yesterday's announcement by Endesa knocked almost 10 percent off Copel's market capitalization on the Brazilian stock market.

The government of Parana, which will sell 76.5 percent of Copel's voting stock, has placed a minimum price of 4.32 billion rials ($1.6 billion U.S.) on the stake.

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