NextEra secured a $1.9 billion U.S. Department of Energy loan for the Duane Arnold nuclear-plant restart.

Utility Dive reports that NextEra secured a $1.9 billion Department of Energy loan for restarting the Duane Arnold nuclear plant. The financing concerns a plant restart, not construction of a newly named nuclear facility.

The article’s supplied description places this transaction within a broader federal financing effort. It says the Department of Energy under the Trump administration has financed three plant restarts and made other conditional commitments to bring nuclear power online.

The report describes this particular loan as secured, while separately identifying other commitments as conditional. However, the supplied excerpt does not disclose disbursement status, interest rate, maturity, collateral, plant capacity, restart timing, or a data-center electricity offtake agreement.