Holtec seeks $7.4 billion loan for expansion tied to new reactor

Holtec seeks $7.4 billion loan for expansion tied to new reactor

Jan. 9, 2023

Holtec International Inc. has applied for a $7.4 billion federal loan to fund expansion expected from future sales of a company-designed nuclear reactor.

Holtec would tap the loan to boost capacity to make parts at its existing U.S. facilities, and to build and commission “at least four” SMR-160 advanced light water reactors.

It also expects to build “one or more additional manufacturing plants,” the company said.

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