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Power & Operations

DOE makes conditional commitment to Palisades’ restoration and resumption of service

March 27, 2024, 12:00PMNuclear News
The Palisades nuclear power plant in Covert Township, Mich.

The Department of Energy’s Loan Programs Office (LPO) today announced a conditional commitment of up to $1.52 billion for a loan guarantee to Holtec Palisades LLC to finance the restoration and resumption of service of the 800-MWe Palisades nuclear power plant in Covert Township, Mich.

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