Obama Administration Announces $8.33B in Loan Guarantees for New Nuclear Power Reactors in Georgia; First New US Nuclear Power Plant Project in Nearly 3 Decades
Green Car Congress
FEBRUARY 17, 2010
billion in loan guarantees for the construction and operation of two new nuclear reactors at a plant in Burke, Georgia. Total cost of the new units is currently projected to be approximately $14 billion. Units 3 and 4 are expected to begin commercial operation in 2016 and 2017, respectively. —President Obama.
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