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U.S. Approves Billions in Aid to Restart Michigan Nuclear Plant
The Energy Department said on Monday that it had finalized a $1.52 billion loan guarantee to help a company restart a shuttered nuclear plant in Michigan — the latest sign of rising government support for nuclear power.
Two rural electricity providers that planned to buy power from the reactor would also receive $1.3 billion in federal grants under a program approved by Congress to help rural communities tackle climate change.