California Energy Journal

California Energy Journal

Nuclear

Diablo Canyon $400 Million Loan Survives Budget Negotiations

Jun 26, 2024
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The California legislature approve budget legislation that includes a $400 million loan that Governor Gavin Newsom requested for the Diablo Canyon Nuclear Power Plant. The legislature had initially refused the loan during budget negotiations, according to the Sacramento Bee, as lawmakers expressed concern that the plant’s owner, Pacific Gas & Electric (…

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