NextEra gains on power supply deal with Google

Shares of utility NextEra Energy NEE.N up ~3% at $88.50 in extended trading

Co signs power supply deal with Alphabet's GOOGL.O Google, which would also help restart the Duane Arnold nuclear plant in Iowa

It also signs agreements to acquire CIPCO and Corn Belt Power Cooperative's combined 30% interest in the Duane Arnold plant, bringing NextEra's ownership to 100%

Duane Arnold Energy Center, located in Palo, Iowa, is the only nuclear power plant in the state and is expected to reopen by the first quarter of 2029, NextEra says

As of last close, NEE up 20% YTD