NextEra Energy partners with Google Cloud to expand energy supplies for U.S. operations, with 3.5 gigawatts of electricity generation in place. New deal includes building power plants for large-scale data centers. NextEra expects to add 15 gigawatts of power generation for data centers by 2035, partnering with ExxonMobil for natural-gas-fired plants with carbon capture technologies.

Interest in nuclear power renewed as NextEra restarts Duane Arnold plant in Iowa to power Google data centers. Technology industry’s demand for electricity for AI processing also drives natural-gas-fired power development. NextEra plans to announce new natural-gas power deals for data centers in the next 12-24 months. NextEra signs power purchase agreements with Meta Platforms and continues supplying output from Point Beach Nuclear Plant.

NextEra forecasts higher adjusted profit in 2026 due to power demand surge, with adjusted earnings for 2025 between $3.62 and $3.70 per share. For 2026, it expects adjusted profit between $3.92 and $4.02 per share.CEO John Ketchum positions NextEra as a leader in supplying new electricity sources for AI data center expansion. NextEra and Google Cloud to launch AI-powered product by mid-2026 to increase grid reliability and manage energy equipment issues.

Read more at Yahoo Finance: NextEra, Google accelerate US data center build-out with new deals