10 AI News You Should Not Miss

4. NextEra Energy, Inc. (NYSE:NEE)

Number of Hedge Fund Holders: 69

NextEra Energy, Inc. (NYSE:NEE) generates and distributes electricity using a mix of clean energy sources, operates renewable energy projects, and serves millions of customers across North America.

As reported by Bloomberg on January 24, NextEra (NYSE:NEE) has requested a licensing change from U.S. regulators to potentially restart the Duane Arnold nuclear plant in Iowa, aiming for operation by late 2028. The move reflects the growing power demand from AI, data centers, and green energy efforts. The plant, which closed in 2020 after losing its main customer and suffering storm damage, is considered by NextEra to have simpler technology that might facilitate its revival. However, analysts caution that restarting the facility could be expensive and economically uncertain, the report states.

At the company’s earnings call on January 24, NextEra also announced a partnership with GE Vernova to develop natural gas-powered generation solutions. The collaboration aims to support multiple gigawatts of energy for data centers, manufacturing, industrial electrification, and various utility and commercial customers. By combining NextEra Energy’s operational expertise with GE Vernova’s advanced gas and electrification technologies, the partnership seeks to integrate low-cost renewables with gas-fired generation to meet growing energy demands.