Inside the $1.9B DOE loan to restart Duane Arnold for Google
On September 8, 2026, the U.S. Department of Energy closed a loan of up to $1.9 billion to NextEra Energy to help finance restarting the Duane Arnold Energy Center in Linn County, Iowa. The plant stopped operating in 2020. Its return runs through a Google offtake deal and a set of Nuclear Regulatory Commission approvals that are still pending. DOE says the restart would return 615 megawatts of baseload generation to the grid.
- Duane Arnold restart: DOE closes $1.9B loan, NRC gates remain – DOE financed the restart on Sept. 8, 2026; NextEra owns 100% after an NRC-approved transfer, and Google holds a 25-year PPA tied to its Iowa cloud and AI infrastructure.
- Ascension Parish moves on high-impact facility rules – The parish administers Light, Medium, and Heavy Industrial districts today; Louisiana’s June 2026 Executive Order 26-058 requires large-load projects to fully fund incremental generation and transmission.
- Noida resets IT/ITeS land rate – A reported uniform ₹86,000/sq m allotment rate would cover data centres and replace the phase-wise structure; the Noida Authority order confirming rate and date is not yet retrieved.
- Gorilla–Yotta AI program enters physical execution – Gorilla said on Sept. 8, 2026 that equipment deliveries are under way for a phased deployment exceeding 25,000 GPUs at Yotta sites in India.
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