Industry News

US Department of Energy closes loan for Duane Arnold restart

Power & Cooling Capital, Financing & M&A

September 8, 2026 at 9:12 AM ET Source: World Nuclear News

The US Department of Energy's Office of Energy Dominance Financing has closed a loan of up to USD1.9 billion to NextEra Energy to help finance the restart of the Duane Arnold Energy Center, taking the company closer to bringing Iowa's only nuclear power plant back into operation.