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USA govt $2 billion funding to France’s nuclear company AREVA

Areva accepts $2 bil US loan guarantee for uranium enrichment plant, Washington (Platts)–8Jul2010/ Areva Wednesday said it accepted the US Department of Energy’s offer of a $2 billion loan guarantee to help finance construction of the Eagle Rock uranium enrichment plant in Bonneville County, Idaho, which Areva estimates will cost $3 billion to build. The DOE offer to Areva is the first of two loan guarantees DOE is expected to extend to front-end nuclear facilities, with USEC the expected recipient of the second. Platts: RSS Feed Detailed News

July 9, 2010 - Posted by Christina Macpherson | politics, USA | antinuclear, AREVA, France, nuclear costs, nuclear spin, reactors, uranium

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