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.