By allowing ads to appear on this site, you support the local businesses who, in turn, support great journalism.
Ga. utility closer to US loans for nuclear plant
Nuclear Plant Werm
In this Dec. 11, 2012, file photo, part of the containment vessel for a new nuclear reactor at the Plant Vogtle nuclear power plant is under construction near Waynesboro. - photo by Associated Press
ATLANTA — A power company in Georgia appears a step closer to getting government-backed loans for a new nuclear power plant. The U.S. Nuclear Regulatory Commission recently let the Municipal Electric Authority of Georgia change its ownership structure for its 23 percent stake in two nuclear reactors under construction at Plant Vogtle, near Waynesboro. Like the other owners, MEAG is seeking federally subsidized loans to cover its share of the more than $14 billion construction project.
Sign up for the Herald's free e-newsletter