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U.S. offers Vogtle nuclear plant $3.7 bln in loan guarantees
September 29, 2017 / 3:22 PM / in 25 days

U.S. offers Vogtle nuclear plant $3.7 bln in loan guarantees

WASHINGTON, Sept 29 (Reuters) - The U.S. Department of Energy said on Friday it has offered conditional commitments for up to $3.7 billion to companies building two reactors at the Vogtle nuclear plant in Georgia.

The DOE will offer $1.67 billion to Georgia Power Company, a subsidiary of Southern Co, $1.6 billion to Oglethorpe Power Corp, and $415 million to three subsidiaries of Municipal Electric Authority of Georgia.

Reporting by Timothy Gardner; Editing by Chizu Nomiyama

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