A major federal loan deal will help revive a shuttered nuclear plant in Iowa, marking the first time the facility has operated in years. The $1.9 billion financing, approved by the Trump administration, aims to restart the state’s sole nuclear power plant, which could eventually supply electricity to over half a million households. The project, backed by NextEra Energy, highlights efforts to maintain nuclear energy as part of the U.S. power mix amid shifting energy priorities. Details on the plant’s operational timeline and broader economic impact remain under review.
The Trump administration on Tuesday announced it will loan $1.9 billion to NextEra Energy to finance the restart of an Iowa nuclear plant. The project — which will be the Hawkeye State's only nuclear power plant — is expected to generate enough power for more than 500,000 homes. Iowa Public Radio reported that the plant, called...
