Alphabet's Google has entered into a power supply agreement with NextEra Energy to facilitate the reopening of the Duane Arnold nuclear power plant in Iowa. This move is part of Google's broader strategy to power its data centers and operations with 24/7 carbon-free energy. The partnership aims to bring a significant source of clean energy back online. The announcement comes as the tech sector as a whole is experiencing a surge in investor confidence ahead of a week packed with earnings reports from major companies, including Alphabet. While the market has been broadly positive for tech stocks, this specific deal highlights Google's ongoing commitment to its environmental, social, and governance (ESG) goals by securing a large-scale, consistent source of clean power for its energy-intensive data center operations in the region.
Google Enters Power Supply Deal with NextEra Energy to Restart Iowa Nuclear Plant
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