The $2 billion measure would aid financing of the Eagle Rock Enrichment Facility in Idaho

Dow Jones reports Mar 5 U.S. Energy Secretary Steven Chu said that his department is "closing in" on a final decision for a loan guarantee for Areva's nuclear project in Idaho.

In testimony before a Senate appropriations committee Mar 5, Chu was asked why the nuclear loan guarantee is taking so long to award and said: "We're closing in on that."

Sen. Bob Bennett (R., Utah) said due diligence on the Eagle Rock uranium enrichment project was completed in October.

Prior coverage on this blog

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Idaho Samizdat ~ http://djysrv.blogspot.com
Idaho Samizdat is a blog about the political and economic aspects of nuclear energy and nonproliferation issues.  It covers the nuclear energy industry globally.  Additionally, the blog has regional coverage on uranium mining in the western U.S. and Canada  Link to original post