Investment

US issues $25bn loan for nuclear power

The US Department of Energy is issuing a US$17.5 billion ($25bn) loan to finance the purchase of necessary materials for the construction of 10 large-scale commercial nuclear reactors across the country, with each generating 1.1GW of power.

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Read more: US Department of EnergyBrookfield Asset ManagementWestinghouse Electric CompanyUS President Donald TrumpAmerican Nuclear Supply Chain LoansCameco CorporationChris WrightConnor TeskeyEnergy Dominance Financing