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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

Dabhol Lenders to Meet This Week in London

LCG, Oct. 29, 2001--Lenders to Enron Corp.'s Dabhol Power Plant in India have called a meeting in London this coming Saturday to attempt to find a way out of the dispute involving Enron, the Indian government, the government of Maharashtra state and its electric distribution monopoly, and the beleaguered project.

Among issues discussed will be offers by two Indian companies that want to pay Enron -- itself pretty beleaguered -- a cut-rate for its 65 percent interest in Dabhol.

At stake could be much more than just the fate of the $2.9 billion, 2,184 megawatt project, which is India's largest foreign direct investment. AES Corp. of the U.S. has been talking publicly of bailing out of a similar, though smaller, investment in the state of Orissa on India's east coast.

In July, after repeated attempts to get some sort of regulatory in payments for power by the Maharashtra State Electricity Board, Dabhol's sole customer, had failed, Enron said it wanted out of India and would be willing to sell its interest in the project for around $1 billion.

At the same time, work was halted on the 1,444 megawatt second phase of the project, which was 97 percent complete.

The Indian government has not responded to Enron's offer to sell its stake in Dabhol, but two Indian companies, BSES Ltd. and Tata Power Ltd., have shown interest. The Economic Times reported on Friday that Tata Power and BSES are willing to pay $450 million to $600 million for Enron's 65 percent and the 10 percent each owned by General Electric Co. and Bechtel Enterprises.

The companies say the low price would allow it to reduce power prices to a level more palatable to the MSEB.

Enron responded by saying it would not accept anything less than $1 billion, the Economic Times said.

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