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U.S. Approves $1.5 Billion Loan to Restart Michigan Nuclear Plant

Source: @BreaknNews

The Biden administration announced on Wednesday that it had agreed to provide a $1.52 billion loan guarantee to help a company restart a nuclear power plant in Michigan — the latest step in the government’s effort to revive the nation’s reactors.The loan guarantee from the Energy Department will allow Holtec International to revive the Palisades nuclear plant in Covert Township, Mich., on the shores of Lake…

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