United States approves $1.52B loan to restart Michigan's Palisades nuclear plant
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.
Michigan nuclear plant finalizes federal loan to support first reactor restart in U.S. history
The 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 International,
U.S. Approves Billions in Aid to Restart Michigan Nuclear Plant
No one has ever restarted an American nuclear reactor that was seemingly closed for good. But with electricity demand spiking, interest is growing.
US closes $1.52 billion loan to resurrect Michigan nuclear plant
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 years to reopen the plant,
US closes $1.52B loan to resurrect Michigan's Palisades nuclear plant
The U.S. closed a $1.52 billion loan to resurrect Holtec's Palisades nuclear plant, and an official said it could take two years to reopen the plant.
Federal funding secured to support historic reopening of Michigan nuclear power plant
The Biden administration has finalized a loan to help reopen the Palisades nuclear power plant in Michigan, which is anticipated to become the first-ever decommissioned plant to come back online in the United States.
$1.5B loan approved to restart Palisades plant
The federal government has announced the approval of a $1.52 billion loan to support the reopening of a nuclear power plant in Van Buren County. (Sept. 30, 2024)
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