U.S. to lend $1.9 billion to restart a shuttered nuclear plant in Iowa

U.S. to lend $1.9 billion to restart a shuttered nuclear plant in Iowa — Live Feedhttps://www.live-feeds.com/feed/u-s-to-lend-1-9-billion-to-restart-a-shuttered-nuclear-plant-in-iowaContinuously updated, source-cited coverage. U.S. Department of Energy loans $1.9 billion to restart Iowa nuclear planthttps://www.live-feeds.com/feed/u-s-to-lend-1-9-billion-to-restart-a-shuttered-nuclear-plant-in-iowahttps://www.live-feeds.com/feed/u-s-to-lend-1-9-billion-to-restart-a-shuttered-nuclear-plant-in-iowa#u63369Thu, 10 Sep 2026 01:57:59 +0000The Trump administration and the U.S. Department of Energy have provided a loan of up to $1.9 billion to NextEra Energy to restart the Duane Arnold Energy Center in Iowa. Deputy Secretary of Energy James Danly announced the funding in rural Linn County, stating the loan serves as the final piece of financing required for the facility. The move is intended to recommission the shuttered plant as part of what Danly described as an American nuclear renaissance.Why it mattersThe Duane Arnold Energy Center operated for 45 years before shutting down in 2020. Restarting the facility represents a shift