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Scrutiny on Energy Secretary Rick Perry’s decision to award funding to an advanced nuclear enrichment facility

$115 million nuclear contract draws scrutiny on Perry, Houston Chronicle, By James Osborne , January 25, 2019  WASHINGTON — Energy Secretary Rick Perry’s decision to award a $115 million no-bid contract to develop an advanced nuclear enrichment facility in Ohio is drawing scrutiny from Senate Republicans.

The Department of Energy said this month it would award the contract to Centrus Energy, a former government-owned contractor that ceased enrichment operations in 2013 before declaring Chapter 11 bankruptcy.

In a letter to Perry this week, Sen. John Barrasso, R-Wyo., chairman of the Senate Environment and Public Works Committee, said the company had a Ohio is drawing scrutiny from Senate Republicans.The Department of Energy said this month it would award the contract to Centrus Energy, a former government-owned contractor that ceased enrichment operations in 2013 before declaring Chapter 11 bankruptcy

In a letter to Perry this week, Sen. John Barrasso, R-Wyo., chairman of the Senate Environment and Public Works Committee, said the company had a mixed history in fulfilling federal contracts for nuclear fuel and questioned whether the money it received would end up supporting the Russian state-owned firm TENEX, from which Centrus buys enriched uranium.

“This contract appears to use American taxpayer funding to bailout Centrus, an unsuccessful business that relies on commercial relationships with Russian state-owned corporations to stay in business,” Barrasso wrote. “Congress did not authorize or fund this project.”

Both the Department of Energy and Centrus declined to comment for this story…….https://www.chron.com/business/energy/article/115-million-nuclear-contract-draws-scrutiny-on-13562022.php

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January 26, 2019 - Posted by | politics, USA

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