Nuclear Finance

Southern Company To Upgrade Nuclear Power Capacity Under Major DOE Loan

By Nigel Davies
26 February 2026

Loan office says 6.3 GW of nuclear capacity will be supported

Southern Company To Upgrade Nuclear Power Capacity Under Major DOE Loan
The two-unit Erwin Hatch nuclear power station in Georgia is one of three owned by Southern Company across Georgia and Alabama. Image courtesy Southern Company.
Atlanta-based utility Southern Company will look to boost its nuclear capacity in the states of Georgia and Alabama following a major $26.5bn (€22.5bn) loan package from the US Department of Energy aimed at upgrading the electricity system.

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