The U.S. Department of Energy (DOE) and U.S. Department of Agriculture (USDA) are allocating $2.8 billion to support reliable, affordable and clean power in the Midwest. The DOE announced the closing of a loan guarantee of up to $1.52 billion under the Inflation Reduction Act’s Energy Infrastructure Reinvestment program to Holtec Palisades, which will restore and resume service of an 800-MW nuclear generating station in Covert Township, Mich.
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