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 nuclear facilities in the two states.
The loan is aimed at updating existing plants rather than funding the construction of new nuclear facilities.
The brief announcement did not identify the plants involved or specify the work to be carried out. It also did not provide a timetable for the upgrades or details of the loan terms.
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