Constellation Energy Corp

NextEra receives $1.9B to restart Iowa plant$

NextEra Energy has secured a $1.9 billion loan from the U.S. Department of Energy to restart its Duane Arnold Energy Center nuclear plant in Iowa. The restart is supported by Google's agreement to purchase power, aiming to meet surging electricity demand, particularly from AI data centers. This initiative reflects a broader effort to increase power generation capacity across the U.S.