US Department of Energy closes $1.52bn loan guarantee to Holtec Palisades to finance restoration and resumption of the Palisades nuclear plant
Type: Financing · Technology: Nuclear, Other · Country: United States · Capacity: 800 MW · Value: $1.52B · Announced: 2024-10-01
The US Department of Energy's Loan Programs Office closed a loan guarantee of up to $1.52 billion to Holtec Palisades to finance restoration and restart of the 800 MW Palisades nuclear generating station in Covert Township, Michigan.
Counterparties
- Holtec International (Owner)
- US Department of Energy (Lender)
- Holtec Palisades (Borrower)
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