US Energy Dept grants $1.9B loan to revive Iowa nuclear plant backed by Google
The U.S. Department of Energy has approved a $1.9 billion loan to the owner of an Iowa nuclear power plant. The move is connected to Google's earlier commitment to help resurrect the dormant facility. Google had previously announced plans to bring the shuttered Iowa plant back into operation. The federal loan signals growing government support for nuclear energy revival efforts tied to big tech energy demands.
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