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#Duane Arnold

DOE closes $1.9B loan for Duane Arnold nuclear restart in Iowa
NewsEnergy

DOE closes $1.9B loan for Duane Arnold nuclear restart in Iowa

The DOE's Office of Energy Dominance Financing closed a $1.9 billion loan to NextEra Energy to restart the Duane Arnold Energy Center in Iowa, though the project still requires Nuclear Regulatory Commission approval. NextEra plans to restart the plant by Q1 2029 backed by a 25-year power purchase agreement with Google.

Kai Nakamura