Utility and Renewable Developer
Appears in 9 stories · Last updated Nov 11, 2026
Seeking merger approval; accepted most conditions but rejected rate freeze and staffing ban
Governor Abigail Spanberger asked the State Corporation Commission to reject NextEra's attempt to keep the "Robo Memo" out of the merger hearing, calling the companies' handling of it a sign they misunderstand the review standard. The memo, addressed to former NextEra CEO James Robo, describes an investigation into alleged election interference and bribery in Florida. The commission has not decided whether to admit it.
Updated Yesterday
Has overlapping land claims with new geothermal leases
The Bureau of Land Management accepted $4.83 million in winning bids for geothermal leases on 60 parcels of Nevada federal land at its October 20 auction. Thirty-two bidders registered, up from 22 a year earlier, and 18 of them placed bids on 186,641 acres across ten counties.
Updated Oct 29
Proposing separate solar project in Bates County
Construction has begun on the Swan Energy Center, a 650-megawatt solar facility on former strip mine land in Bates County, Missouri. The $1.5 billion project, developed by Clearway Energy Group and built by Blattner Energy, is Clearway's first solar facility in the state.
Updated Oct 26
As of September 2026: Owner and operator of Duane Arnold
A shuttered Iowa nuclear plant is getting federal money to come back online. The Department of Energy closed a loan of up to $1.9 billion on September 8 to help NextEra Energy restart the Duane Arnold Energy Center, which a 2020 derecho knocked offline.
Updated Sep 9
As of July 2026: Selected to build and own the dedicated generation
A coalition led by Brookfield and NextEra Energy is turning part of the former Paducah uranium plant into an AI computing campus with its own gas plants and batteries. The Department of Energy signed a lease for about 785 acres at the site in July 2026, and the campus is slated for full build-out by 2032.
Updated Jul 29
As of May 2026: Major funder of opposition
New England has paid some of the highest electricity prices in the country for decades, hostage to constrained natural gas pipelines that spike costs every winter. On January 16, 2026, a $1.6 billion transmission line began delivering 1,200 megawatts of Canadian hydropower to the region—enough to meet 20% of Massachusetts' electricity needs and save ratepayers an estimated $50 million annually.
Updated May 26
As of May 2026: Lead funder of opposition campaign
For 40 years, transmission bottlenecks and opposition blocked Hydro-Québec from selling more power to New England. On January 16, 2026, a 145-mile power line through Maine began delivering 1,200 megawatts of Canadian hydroelectricity to Massachusetts—20% of the state's needs and the largest clean energy transmission addition to the region in decades. The line went dark when a winter storm hit 10 days later.
Updated May 21
As of May 2026: Building 15 GW of power for data centers by 2035
Alphabet just paid $4.75 billion for a power company, securing 10.8 gigawatts of capacity—enough to power 8 million homes. Tech giants spent 2024 locking down nuclear reactors and signing multibillion-dollar energy deals because there's not enough electricity for AI.
Updated May 16
As of May 2026: Largest U.S. utility and major energy infrastructure developer serving AI data center loads
Since late 2022, U.S. regulators and utilities have warned that AI-optimized data centers could reshape national power demand, ending an era of flat electricity consumption and forcing rapid buildout of generation and transmission. By early 2026, those warnings have crystallized into concrete challenges. PJM Interconnection's December 2025 capacity auction hit the $333.44/MW-day price cap and failed to meet reliability requirements for the first time in its history. Data centers accounted for $6.5 billion—or 40%—of the auction's $16.4 billion in costs.
Updated May 10
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