NextEra Energy, Department of Energy Commit $1.9 Billion to Restart Duane Arnold Energy Center in Iowa

08:19 AM EDT, 09/08/2026 (MT Newswires) -- NextEra Energy (NEE) and the US Department of Energy, through its Office of Energy Dominance Financing, have agreed to a combined conditional commitment of up to $1.9 billion to restart the Duane Arnold Energy Center in Iowa, the company said Tuesday. The Duane Arnold Energy Center is a 615-megawatt nuclear facility located in Linn County, NextEra Energy said. The company aims to restart the Duane Arnold Energy Center no later than Q1 of 2029, it had previously announced in October, according to a statement.