Climate Changed
Threatened Solyndra Loan Program Gets Boost From Nuclear Deal
- Congress moved to end Energy Department’s loan guarantees
- Trump administration pledged $3.7 billion to Vogtle plant
The nuclear reactor at Plant Vogtle power plant in Waynesboro, Georgia.
Photographer: John Bazemore/AP PhotoThis article is for subscribers only.
President Donald Trump has discovered a use for a green-minded federal loan program that’s been widely seen as a candidate for the chopping block: supporting troubled nuclear reactors.
The Energy Department announced Friday $3.7 billion in additional loan guarantees to Southern Co.’s Vogtle nuclear plant, an unexpected lifeline to the last hope of a U.S. nuclear revival. The companies behind the project had previously received $8.3 billion in support.