The U.S. Just Put $17.5 Billion Behind a Nuclear Comeback. These Stocks Could Benefit.

The U.S. Just Put $17.5 Billion Behind a Nuclear Comeback. These Stocks Could Benefit.

Key PointsThe Department of Energy unveiled a $17.5 billion conditional loan commitment related to 10 nuclear reactors.Energy Secretary Chris Wright tied the loans to data-center electricity demand.Cameco, Constellation Energy, and Vistra are nuclear-exposed names that could be beneficiaries.10 stocks we like better than Constellation Energy › The Department of Energy is putting significant money behind a nuclear comeback. The agency unveiled up…

Energy Department to loan $17.5 billion to speed deployment of 10 big nuclear reactors

The Energy Department announced that it will loan $17.5 billion to speed the deployment of 10 big nuclear reactors across the U.S.

DOE Plans $17.5B Loans for Westinghouse-Backed Nuclear Projects

The United States Department of Energy announced a conditional loan commitment of $17.5 billion to help 5 nuclear power projects procure long-lead items to deploy Westinghouse's advanced reactor.

Cameco cheers US$17.5-billion conditional loan package for new U.S. reactors

Cameco CEO Tim Gitzel during a Cameco media tour of the uranium mine in Cigar Lake, Sask., on Wednesday, Sept. 23, 2015. THE CANADIAN PRESS/Liam Richards Saskatchewan uranium miner Cameco Corp. is cheering the U.S. Department of Energy’s announcement of a conditional US$17.5-billion loan package to speed up new reactor builds. The department’s Office of Energy Dominance Financing says the loans are for five eligible projects — each with two reac…

DOE office issues $17.5B in loans to address nuclear supply chain

The Department of Energy’s Office of Energy Dominance Financing has issued a conditional loan commitment program of $17.5 billion to finance the purchase of long-lead time components for nuclear reactors. DOE said in a Tuesday press release that the nuclear supply chain loans will finance five eligible projects sponsored by utilities and companies across the country to accelerate the deployment of 10-large reactors by up to three years.  In a Tu…

Department of Energy Announces $17.5 Billion Loan Commitment To Accelerate 10 New Nuclear Reactors In The U.S.

The U.S. Department of Energy has proposed a conditional $17.5 billion loan to bolster the nuclear energy sector, focusing on purchasing crucial components for new reactors. This initiative aims to construct 10 large-scale nuclear reactors by 2030, enhance the domestic supply chain, and reduce construction timelines and costs significantly. The post Department of Energy Announces $17.5 Billion Loan Commitment To Accelerate 10 New Nuclear Reactor…