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Genius — OpenServe

DOE Finalizes $1.9B Loan for Iowa Nuclear RestartBusiness — Sep 8, 2026The U.S. Department of Energy approved a loan of up to $1.9 billion to NextEra Energy to restart the 615-megawatt Duane Arnold Nuclear Energy Center in Iowa, with commercial operation targeted for the first half of 2029, as part of a broader push to bolster nuclear generation. The project is expected to boost local jobs, tax revenues, and grid reliability, and Google has been identified as a major purchaser of the plant’s power for its AI data centers.