Trump Administration Offers Up to $4.2 Billion to Upgrade Nuclear Plants
The Trump administration has announced a loan of up to $4.2 billion to help modernize nuclear power plants in Pennsylvania and Ohio.
The US Department of Energy announced the financing, which is intended to support upgrades at existing nuclear facilities in the two states.
The funding is aimed at updating plants rather than building new nuclear power stations. The brief announcement did not identify the facilities involved or specify the work planned.
Details on the loan’s terms and the timetable for the upgrades were not provided in the summary of the announcement.
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