DOE loans $1.9B to restart Iowa nuclear plant
The U.S. Department of Energy’s Office of Energy Dominance Financing approved a $1.9 billion loan to NextEra Energy to fund the restart of the Duane Arnold Energy Center, a nuclear plant in Iowa decommissioned in 2020.
The U.S. Department of Energy’s Office of Energy Dominance Financing announced a $1.9 billion loan Friday to NextEra Energy to fund the restart of the Duane Arnold Energy Center. The plant, located in Iowa, was decommissioned in 2020; the loan is intended to finance its revival.