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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

PG&E Corporation Given Loan Extension on $431 Million

LCG, October 22, 2002-Creditors of PG&E Corporation gave the company its second extension on its debt payments.

PG&E, parent to San Francisco Bay Area utility Pacific Gas & Electric, had been in communication with lenders for months in order to get more time to pay back $431 million in loans.

PG&E Corp. has been settling debts for unregulated affiliate PG&E National Energy Group, which saw its credit rating fall to junk status earlier this month. On Friday Moody's Investors Service downgraded PG&E National Energy Group's status as the company reported $21 million in losses in the third quarter.

PG&E Corp. asserts the extension, which gives the affiliate until November 14 to pay, will give it the liquidity necessary to operate for more than 3 years.

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