investmentsPublished: 08 Sept 2026, 20:25Trust level: verified

Google-backed revived nuclear plant secures $1.9B US government loan

Google-backed revived nuclear plant secures $1.9B US government loan

Summary

The U.S. Department of Energy is providing a $1.9 billion loan to the owner of an Iowa nuclear power plant backed by Google.

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The owner of an idle nuclear power plant in Iowa is receiving a $1.9 billion loan from the U.S. Department of Energy.

The financing follows an earlier announcement by Google, which stated its plans to help bring the dormant nuclear facility back into operation.

Source: TechCrunch

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