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The Trump administration is giving a Google-backed nuclear power plant a $1.9 billion loan.
It’s to finance the restart of an Iowa plant that’s been closed since 2020. Last year, Google announced a partnership with NextEra Energy to reopen the site to help power the company’s AI data centers. But you won’t see that tidbit in the Energy Department’s press release today. [Link: Google’s revived nuclear power plant gets $1.9B loan from US government | TechCrunch | https://techcrunch.com/2026/09/08/googles-revived-nuclear-power-plant-gets-1-9b-loan-from-us-government/?utm_source=dlvr.it&utm_medium=bluesky | TechCrunch]
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utilitydive.com
NextEra secures $1.9B DOE loan for Duane Arnold nuclear restart
The U.S. Department of Energy under the Trump administration has financed three plant restarts and made other conditional commitments to bring nuclear power online.
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canarymedia.com
Shuttered nuclear plant in Iowa gets $1.9B federal loan to restart
NextEra Energy is one of three U.S. energy companies to win backing from the Department of Energy to revive shut-down nuclear plants to meet soaring power…
