Holtec Closes $1.52B DOE Loan to Restart Palisades, Support ...
WEB1 day ago · Holtec’s focus on safety, reliability, and innovation is reflected in its ongoing restart project work to ensure Palisades continues to meet the highest industry operational standards. Before its scheduled shutdown, Palisades operated in the U.S. Nuclear Regulatory Commission’s highest safety category and was recognized as …
Palisades / US DOE Announces Closing Of $1.5 Billion Loan …
WEB15 hours ago · The US Department of Energy (DOE) announced the closing of a loan guarantee of up to $1.52bn (€1.37bn) to Holtec Palisades to help finance the restoration and return to commercial operation of the Palisades nuclear power station in Michigan. The DOE arranged the loan through its Loan Programs Office under the Inflation Reduction Act’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.
Michigan nuclear plant finalizes federal loan to support first ... - MSN
WEBT he 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 ...
Biden-Harris Administration Bringing Back Clean Nuclear Energy
WEB1 day ago · DOE, through its Loan Programs Office (LPO), announced the closing of a loan guarantee of up to $1.52 billion under the Inflation Reduction Act’s Energy Infrastructure Reinvestment (EIR) program to Holtec Palisades to help finance the restoration and resumption of service of an 800-MW nuclear generating station in …
DOE closes on $1.5B loan to reopen Palisades nuclear plant
WEB20 hours ago · The plant was retired in 2022.) The U.S. Department of Energy (DOE) announced the closing of a loan guarantee of up to $1.52 billion to Holtec Palisades to help finance the restoration and ...
Michigan nuclear plant finalizes federal loan to support first …
WEB1 day ago · 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 ...
US Administration finalises financial support for Palisades restart
WEB1 day ago · Monday, 30 September 2024. The US Department of Energy has finalised a USD1.52 billion loan guarantee for Holtec International's project to recommission the single-unit pressurised water reactor, and the Department of Agriculture has issued USD1.3 billion in grants to two rural electric cooperatives that will purchase power from the restarted ...
Holtec Notches Several Notable Milestones Towards Palisades …
WEBMay 14, 2024 · Holtec Notches Several Notable Milestones Towards Palisades Restart. We are pleased to share the remarkable progress made in the early stages of our journey toward repowering the Palisades Nuclear Power Plant in Covert Township, Michigan.
Where we stand in Holtec’s efforts to restart Palisades Nuclear Plant
WEBSep 2, 2024 · The Palisades Nuclear Power Plant near South Haven will be sold to Holtec International for decommissioning after its closure in 2022, pending approval by federal regulators.
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