Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Monday, March 29, 2010

Chu: Feds may grant $2B each to fund USEC, Areva nuclear projects

Chu: Feds may grant $2B each to fund USEC, Areva nuclear projects
The Energy Department is studying options to provide $2 billion in loan guarantees to USEC's American Centrifuge project in Ohio and Areva's enrichment venture in Idaho, Secretary Steven Chu said. "We are working on mechanisms so that each can apply for the original size of their loan guarantee independently," he added. Chillicothe Gazette (Ohio)

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