nuclear-news

US Dept of Energy close to awarding loan guarantee to French nuclear power company

Chu: DOE close to award of $2B loan guarantee to Areva, by Dan Yurman , 03/04/2010 The $2 billion measure would aid financing of the Eagle Rock Enrichment Facility in IdahoDow Jones reports Mar 5 U.S. Energy Secretary Steven Chu said that his department is “closing in” on a final decision for a loan guarantee for Areva’s nuclear project in Idaho.In testimony before a Senate appropriations committee Mar 5, Chu was asked why the nuclear loan guarantee is taking so long to award and said: “We’re closing in on that.”Sen. Bob Bennett (R., Utah) said due diligence on the Eagle Rock uranium enrichment project was completed in October.

Chu: DOE close to award of $2B loan guarantee to Areva

March 5, 2010 - Posted by Christina Macpherson | politics international, USA | antinuclear, AREVA, France, nuclear, nuclear costs, nuclear renaissance, nuclear spin, reactor, uranium