The Trump administration announced $17.5 billion in conditional low-interest DOE loans to fund 10 Westinghouse AP1000 nuclear reactors across five projects.

The Trump administration partnered with Westinghouse, Cameco, and Brookfield on an $80B nuclear deal with $17.5B in government-backed financing for ten new

The loans will support the construction of five projects that each host two big nuclear reactors.

The new nuclear funding will specifically finance 10 large reactors developed by both utilities and energy companies.

This morning, the Department of Energy announced it was issuing the conditional loan commitments to finance five eligible projects.