US regulator approves $1.9 billion loan to spin up Iowa's dead nuclear reactor for Google

NextEra Energy received a $1.9 billion loan from the U.S. Department of Energy to restart the 615-MW Duane Arnold Energy Center in Linn County, Iowa, with power slated for Google’s AI data centers. The revival aims to boost grid reliability, create thousands of jobs and provide Google with low-carbon electricity, while the plant, damaged by a 2020 tropical storm, is targeted for operation by 2029.