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US lends $1.9 billion to revive Iowa nuclear plant

The United States Energy Department is providing NextEra Energy with a $1.9 billion loan to refurbish an Iowa nuclear power station that Google previously agreed to help revive. The available TechCrunch RSS material does not identify the plant, give a reopening date or describe Google’s financial contribution and expected electricity purchases.

Why it matters

The loan ties rising data-centre power demand to renewed public support for existing nuclear generation.

Sources

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