Rick Perry helps ailing Georgia nuclear plant with $3.7 billion in financing

Published March 22, 2019 4:00pm ET



Energy Secretary Rick Perry on Friday issued a $3.7 billion federally-backed loan guarantee to keep the Vogtle nuclear power plant under construction in Georgia afloat after years of cost overruns and project delays.

Perry made the announcement after touring the site in Georgia with utility industry officials involved in the project, state regulators, and the governor of Georgia.

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