U.S. DOE Grants $57 Million Loan Disbursement for Palisades Nuclear Plant Restart

March 19, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--The U.S. Department of Energy (DOE) has provided Holtec International (Jupiter, Florida) nearly $57 million of a pledged $1.52 billion loan to restart the Palisades nuclear power plant in Michigan. The loan to restart the plant originated under the Biden administration, and the $56.8 million payment represents the first financial move in the nuclear arena for the Trump administration, which is decidedly pro-nuclear as well. Other companies featured: Constellation Energy Corporation (NYSE:CEG), NextEra Energy Incorporated (NYSE:NEE)