The low-interest loan to NRG Energy for a gas-fired power plant is the largest of three loans approved through the $7 billion fund since its creation in 2023.

Details of the agreement with Mark A. Welsh III, who resigned as leader of the flagship university on Sept. 19, will not be revealed until it is finalized.

Thomas Alter, who was fired for comments he made during an online socialist conference, won’t be allowed to teach but will be reinstated with pay, the university said.