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Google’s revived nuclear power plant gets $1.9B loan from US government
Source: TechCrunch
Renewable Energy TransitionEnergy Markets & PricesInfrastructure & DefenseGreen & Sustainable Finance
The U.S. Energy Department will provide a $1.9B loan to the owner of an Iowa nuclear power plant that Google has backed for restart. The financing advances the revival of previously retired nuclear generation, supporting demand for reliable, carbon-free electricity and potentially strengthening the broader case for nuclear-plant restarts.
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