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Energy Department finalizes loan for Michigan nuclear plant revival

Energy Department finalizes loan for Michigan nuclear plant revival
The Energy Department on Monday announced it has finalized a $1.5 billion loan to restart a shuttered Michigan nuclear power plant. The loan guarantee will restart the Holtec Palisades Nuclear Plant in Covert Township, which shut down in 2022 after five decades of operation. The reboot will mark the first for a nuclear reactor after…

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