DOE closes up to USD 1.9 billion loan for NextEra Duane Arnold nuclear plant restart
Reuters2026/09/08 11:34- NextEra Energy reached financial close with the DOE on a loan of up to USD 1.9 billion to restart Duane Arnold.
- Duane Arnold is a 615-megawatt nuclear plant in Iowa that shut in 2020; restart is targeted by Q1 2029.
- Project advances one of the largest US nuclear restart efforts, aimed at adding 24/7 capacity to support grid reliability.
- A study cited by NextEra estimates more than USD 9 billion in Iowa economic benefits over 25 years, with about USD 75 million tax revenue.
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