Areva Snags $2-Billion DOE Loan For Uranium-Enrichment Plant
The Dept. of Energy has awarded Paris-based Areva Corp. a $2-billion conditional loan guarantee for a greenfield uranium-enrichment plant in Idaho Falls, Idaho—one of the plants needed to help supply the U.S. market with enriched uranium for nuclear powerplants.
The DOE says it has an additional $2 billion for a loan guarantee to support another uranium-enrichment plant, a guarantee for which Bethesda, Md.-based USEC Inc. has said it will re-apply later this year.