Trump administration announces $1.9B loan to support Iowa nuclear plant restart

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White House Headlines - September 8, 2026

White House Headlines - September 8, 2026

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 the Duane Arnold Nuclear Plant, ceased operating in 2020 after damage from a derecho, which is a widespread, long-lived windstorm paired with rapidly moving........

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