Wolverine Power Cooperative signs to buy majority of power from Holtec International as Palisades nuclear plant restart is funded
Type: Ppa · Technology: Nuclear, Other · Country: United States · Capacity: 800 MW · Announced: 2025-01-27
Wolverine Power Cooperative will purchase over half of the ~800 MW of power from the planned restart of the Palisades Nuclear Plant, supported by $650 million in USDA grants to Wolverine and $300 million from the state of Michigan, with Holtec International as plant owner and developer.
Counterparties
- State of Michigan (Investor)
- United States Department of Agriculture (Investor)
- Wolverine Power Cooperative (Offtaker)
- Holtec International (Developer)
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