Feds near announcement of loan guarantees for U.S. nuclear sector

Feds near announcement of loan guarantees for U.S. nuclear sector
The Department of Energy is set to announce the first recipients of loan guarantees for the country's nuclear energy sector. "When DOE issues their first loan guarantee, that's going to send an important signal to private-sector financing, and Wall Street in particular," said Nuclear Energy Institute spokesman John Keeley. Southern, which seeks to construct two reactors in Georgia, is seen as a front-runner for a loan guarantee. Reuters

http://www.reuters.com/article/idUSTRE5BR39H20091228