DoE loans $1.5B to revive Michigan's Palisades nuclear plant
WEB42 minutes ago · The Biden administration has announced plans to reignite a shuttered Michigan nuclear power plant with a $1.5 billion loan that, combined with other nuclear announcements yesterday, suggests the US federal government is right now all in on nuclear energy. The 800-megawatt Holtec Palisades plant, located on …
U.S. Approves Billions in Aid to Restart Michigan Nuclear Plant
WEB1 day ago · The moves will help Holtec International reopen the Palisades nuclear plant in Covert Township, Mich., which ceased operating in 2022. The company plans to inspect and refurbish the plant’s ...
United States approves $1.52B loan to restart Michigan's Palisades ...
WEB1 day ago · Sept. 30 (UPI) --The Biden administration said on Monday that a final deal had been made to give an energy company a $1.52 billion loan guarantee to bring a Michigan nuclear power plant back to life.Holtec International agreed to refurbish and restart the Palisades nuclear plant in Covert Township, near the shores of Lake Michigan about 15 miles north of Benton Harbor by October 2025.
US closes $1.52B loan to resurrect Michigan's Palisades nuclear plant
WEBWASHINGTON — The U.S. on Monday said it closed a $1.52 billion loan to resurrect Holtec's Palisades nuclear plant in Michigan, and a senior Biden administration official said it could take two ...
Energy Department finalizes loan for Michigan nuclear plant …
WEB1 day ago · The Energy Department on Monday announced it has finalized a $1.5 billion loan to restart a shuttered Michigan nuclear power plant. The loan guarantee will restart the Holtec Palisades nuclear ...
Michigan nuclear plant finalizes federal loan to support first
WEBThe Palisades nuclear plant in Michigan has closed a $1.5 billion loan to support the first reactor restart in U.S. history, the Department of Energy announced Monday. Palisades' owner, Holtec ...
Michigan's Palisades Nuclear Plant To Restart After $1.5B …
WEBThe Palisades nuclear plant in Michigan has finalized a $1.5 billion federal loan to support the first reactor restart in U.S. history. What Happened: The plant, owned by Holtec International ...
DOE finalizes loan guarantee to reopen Michigan nuclear plant
WEB1 day ago · The Palisades nuclear power plant site in Covert Township, Michigan. Entergy Nuclear/Nuclear Regulatory Commission/Flickr. The Biden administration is finalizing a $1.52 billion loan guarantee to ...
Biden administration will lend $1.5B to restart Michigan nuclear power ...
WEBMar 28, 2024 · The federal government will provide a $1.5 billion loan to restart a nuclear power plant in southwestern Michigan, officials announced Wednesday. Holtec International acquired the 800-megawatt Palisades plant in 2022 with plans to dismantle it.
Palisades Nuclear Plant in Michigan Plans to Reopen With $1.5 …
WEBMarch 27, 2024. The Biden administration announced on Wednesday that it had agreed to provide a $1.52 billion loan guarantee to help a company restart a nuclear power plant in Michigan — the...
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