US Energy Department approves $1.9B loan for Iowa nuclear plant revival backing Google
The U.S. Energy Department has issued a $1.9 billion loan to support the reactivation of an Iowa nuclear power plant that Google plans to use for energy.
Google announced plans to bring an inactive Iowa nuclear power plant back into operation, with the plant's owner now receiving a $1.9 billion loan from the U.S. Energy Department to support the revival effort.
The funding marks a significant commitment to the project as major technology companies seek alternative power sources to meet growing electricity demands for data centers and artificial intelligence infrastructure.
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EGazette summarizes reporting from multiple sources; follow the links for the originals.
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