Utility
Restarting a nuclear plant that shut in 2020. The federal financing behind it is closed rather than pledged, which is rare in this layer.
615 MW Duane Arnold, up to $1.9bn DOE loan closed
· L1 Power and land · up to $1.9bn · Confirmed
A nuclear plant in Iowa stopped generating in 2020. The US government has now completed a loan of up to 1.9 billion dollars to help pay for restarting it. The Energy Department says the plant is 615 megawatts, enough to power nearly 500,000 homes.
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