NRC Order Approving Direct Transfer of Ownership of Duane Arnold Energy Center License to NextEra Energy Duane Arnold, LLC
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The U.S. Nuclear Regulatory Commission issued an order on March 30, 2026 approving the transfer of 30% ownership interest in the Duane Arnold Energy Center (DAEC) and its Independent Spent Fuel Storage Installation from Central Iowa Power Cooperative (20%) and Corn Belt Power Cooperative (10%) to NextEra Energy Duane Arnold, LLC (NEDA). NEDA currently holds 70% ownership and is the operator. After the transfer, NEDA will become the sole 100% owner of Renewed Facility License No. DPR-49 and the associated ISFSI general license. The NRC also approved a conforming administrative amendment to the license to reflect the new ownership structure. The order becomes effective upon issuance and remains valid for one year. No hearing requests were received, and public comments were addressed in the supporting safety evaluation.
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Key Changes
- Transfer of 20% ownership from Central Iowa Power Cooperative and 10% from Corn Belt Power Cooperative to NextEra Energy Duane Arnold, LLC
- NextEra Energy Duane Arnold, LLC becomes 100% owner of Renewed Facility License No. DPR-49 effective upon closing
- Approval of conforming administrative amendment to license to reflect new sole ownership
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Obligations
What this law requires
NextEra Energy Duane Arnold, LLC must become the sole 100% owner of Renewed Facility License No. DPR-49 for Duane Arnold Energy Center and the associated ISFSI general license following the approved transfer
Central Iowa Power Cooperative and Corn Belt Power Cooperative must transfer their 20% and 10% ownership interests respectively in Renewed Facility License No. DPR-49 and the associated ISFSI general license to NextEra Energy Duane Arnold, LLC
NRC must issue a conforming administrative amendment to Renewed Facility License No. DPR-49 to reflect the new 100% ownership structure held by NextEra Energy Duane Arnold, LLC
The license transfer order and conforming amendment become effective upon issuance on March 30, 2026 and remain valid for one year from that date
NextEra Energy Duane Arnold, LLC must continue to comply with all applicable provisions of the Atomic Energy Act of 1954, title 10 CFR Chapter I, and all NRC regulations and orders as the sole license holder