Event Brief
US regulator approves $1.9B loan for Iowa nuclear restart
By The BriefBrief · Sources (1)
Filed: Sep 08, 2026 at 10:03 AM ET
Summary: The US Department of Energy approved a $1.9 billion loan to restart NextEra Energy’s Duane Arnold Energy Center, a 615-megawatt nuclear plant in Linn County, Iowa. Google would buy the plant’s power for its AI data centers, while NextEra says the project will support grid reliability and create thousands of direct and indirect jobs.
WHO: US Department of Energy; NextEra Energy; Google
WHAT: DOE approved a $1.9 billion loan to restart the Duane Arnold Energy Center for power purchases by Google for AI data centers.
WHEN: Sep 08, 2026 at 8:58 AM ET
WHERE: Linn County, Iowa, USA
WHY: The loan is intended to restart the plant to supply electricity for Google’s AI data centers and strengthen grid reliability, with NextEra citing job creation.
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