Wednesday, February 19, 2014

DOE Set to Back Ga. Reactors with Billions in Loan Guarantees

In this Sept. 18, 2013 file photo, Energy Secretary Ernest Moniz testifies on Capitol Hill in Washington. The Energy Department is poised to approve $6.5 billion in lending for two nuclear reactors under construction in Georgia. Energy Secretary Ernest Moniz is expected to announce the deal at a speech in Washington on Wednesday, a day before he visits the $14 billion Vogtle nuclear plant being built by Southern Co. and several partners about 30 miles southeast of Augusta. (Credit: Cliff Owen — AP Photo) Click to enlarge.
Energy Secretary Ernest Moniz plans to announce the closing of $6.5 billion in loan guarantees for Southern Co.'s Plant Vogtle nuclear project at the National Press Club today, according to a source familiar with the details.

 DOE will close on two of three of the $8.3 billion in loan guarantees for Vogtle.  A third one is pending.

  DOE Set to Back Ga. Reactors with Billions in Loan Guarantees
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)