Michigan nuclear plant set to restart, first for US [FOX Business Network]
Entergy Corporation (ETR)
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Source: FOX Business Network
The Palisades Nuclear Plant in Michigan is one step closer to restarting as President Donald Trump forges ahead to open up American energy sources. "In advancing President Trump's commitment to meet our growing demand for affordable, reliable and secure electricity, America needs to utilize all forms of energy that grow our economy, create new jobs, and secure energy independence," said U.S. Energy Secretary Chris Wright in the announcement. "With projects like the Palisades Nuclear Plant, the Energy Department is working to ensure America's nuclear renaissance is just around the corner." Holtec International, which operates the nuclear facility located on Lake Michigan in Van Buren County's Covert Township, received the third loan installment of $46 million of up to $1.52 billion from the Department of Energy marked for the reopening. "We look forward to returning 800 mw [megawatts] of clean, baseload power back to Michigan. The historic restart of Palisades will help back 600
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ETR
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- 10/29/25 - Beat
ETR
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- 12/8/25 - Form 4
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- 12/2/25 - Form 4
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