NextEra Energy Resources and Alliant Energy agree to shorten the term of the Duane Arnold Energy Center power purchase agreement; Alliant Energy customers to save hundreds of millions of dollars

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Jul 27, 2018
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- The term of the Duane Arnold Energy Center power purchase agreement will be shortened and the plant is expected to be retired in late 2020, followed by a multi-year decommissioning process

- Duane Arnold Energy Center job reductions will be gradual over seven years; NextEra Energy Resources is committed to a comprehensive plan to minimize impacts to employees

- Alliant Energy customers will save nearly $300 million in energy costs, on a net present value basis, over 21 years

- Companies enter into agreements for Alliant Energy to purchase output from four of NextEra Energy Resources' existing wind projects

- NextEra Energy Resources plans to invest approximately $650 million in existing and new renewables generation across Iowa before the end of 2020

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