Three Mile Island owner seeks $1.6 billion federal loan to restart nuclear plant for Microsoft AI facility
Constellation Energy, the utility company that owns Pennsylvania's Three Mile Island nuclear plant, is expected to seek a $1.6 billion federal loan guarantee for its project to restart a reactor that would provide power to Microsoft for a new artificial intelligence data center.
Nuclear plant restart boosted with closing of $1.5B federal loan guarantee
The U.S. Energy Department on Monday finalized a $1.5 billion loan guarantee to help Holtec International restart the Palisades nuclear power in southwest Michigan, an effort that will be bolstered by $1.3 billion in federal grants for two rural cooperatives that plan to buy electricity generated by the facility.
A new scheme for AI fuel could offload financial risk from Microsoft's business partner onto the American taxpayer.
Shares of EVgo Inc. (NASDAQ:EVGO) soared 24% on Wednesday, driven by a bullish upgrade from JPMorgan and news of a $1 billion ...
Financial assistance to help utility giant Constellation Energy restart a nuclear unit at Three Mile Island is also under ...
EVgo (NASDAQ:EVGO) has received a conditional loan guarantee of up to $1.05B from the U.S. Department of Energy to drive ...
The United States on Thursday offered EVgo a conditional loan guarantee of up to $1.05 billion to expand public electric ...
Shares of EVgo Inc. surged the most in more than three years after the electric vehicle charging company received a ...
It comes about a week after Microsoft announced a deal to reactivate a nuclear unit at Pennsylvania’s Three Mile Island.
WASHINGTON (Reuters) -Holtec, the company wanting to reopen the Palisades nuclear reactor in Michigan, found corrosion ...
The Biden administration said on Monday that a final deal had been made to give an energy company a $1.52 billion loan ...
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