US utility Georgia Power has taken a step closer to securing the acquisition of its Vogtle site in Waynesboro , after being granted a conditional loan option for $ 1.67bn by the Department of energy . The funds will be used to develop Vogtle 's nuclear units 3 and 4 , the first to be built in the facility for over 30 years . The state 's public services commission is set to make a final decision regarding the facility 's future as part of the 17th Vogtle nuclear Monitoring proceeding , while the loan is subject to regulatory approval and completion of due process .
US utility Georgia Power has taken a step closer to securing the expansion of its Vogtle site in Waynesboro, after being granted a conditional loan agreement for $1.67bn by the Department of Energy. The funds will be used to develop Vogtle's nuclear units 3 and 4, the first to be built in the US for over 30 years. The state's public services commission is set to make a final decision regarding the facility's expansion as part of the 17th Vogtle Construction Monitoring proceeding, while the loan is subject to regulatory approval and completion of due diligence.