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NextEra Secures $1.9BN Loan From Dept Of Energy For Restart Of Duane Arnold Nuclear Power Plant

NextEra Secures $1.9BN Loan From Dept Of Energy For Restart Of Duane Arnold Nuclear Power Plant By Zachary Skidmore of DataCenterDynamics NextEra Energy has secured a $1.9 billion loan from the US Department of Energy’s Office of Energy Dominance Financing (EDF) to support the restart of the Duane Arnold nuclear power plant, which is tied to a long-term Power Purchase Agreement (PPA) with Google. The plant, located in Linn County, Iowa, is the only nuclear energy project in the state and first entered service in February 1975. However, due to the 2020...
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Feb 27, 2026 / Tyler Durden
Pakistan Declares 'All-Out War' Against Afghanistan, Hundreds Dead In Overnight Clashes With Taliban
Pakistan Declares 'All-Out War' Against Afghanistan, Hundreds Dead In Overnight Clashes With Taliban Overnight, Pakistan launched airstrikes across Afghanistan, including targets in the capital of Kabul, soon after which Pakistan's Defense Minister Khawaja Asif by Friday morning declared an "all-out war" between the two countries. Hours prior to the commencement of airstrikes and heavier clashes, Afghan Taliban forces reportedly attacked Pakistani border troops Thursday night in retaliation for Pakistani airstrikes earlier in the week. A Pakistani military spokesman has said that 274 Taliban fighters have been killed and more than 400 injured...
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Mar 10, 2026 / Tyler Durden
Trump Threatens 'Unprecedented Military Consequences' As Iran Reportedly Starts Mining The Strait Of Hormuz
Trump Threatens 'Unprecedented Military Consequences' As Iran Reportedly Starts Mining The Strait Of Hormuz Summary: CNN says the IRGC had already begun laying explosive mines in the vital Strait of Hormuz. Reuters: AS MANY AS 150 US TROOPS WOUNDED SO FAR IN IRAN WAR CBS says US intelligence has begun to see indications Iran is taking steps to deploy mines in Strait of Hormuz shipping lane Divergent signals flying between Tehran and Washington: Witkoff says Trump "always willing to talk" to Iran, the question is whether or not it is worth it. Trump-Putin spoke Monday,...
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Apr 9, 2026 / Tyler Durden
Iran's Tolling Regime On Hormuz Chokepoint Would Set "Dangerous Precedent," IMO Warns
Iran's Tolling Regime On Hormuz Chokepoint Would Set "Dangerous Precedent," IMO Warns The ceasefire deal in the six-week US-Iran conflict remained in doubt by late week, as Israel intensified its bombardment of Beirut, Tehran kept the Hormuz chokepoint closed, and negotiators prepared to meet on Friday even as both sides declared victory. Reports of attacks on one of Saudi Arabia's Red Sea ports, alongside the continued closure of Hormuz, did little to reassure traders in the overnight session. Risk sentiment remained fragile on Thursday morning, with equities across Asia and Europe...
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