Sources Say Toshiba To Back USEC Plant; Areva Gets DOE Loan

摘要

Sources say Toshiba Corp. is close to obtaining backing from Japan's Bank for International Cooperation for a planned investment in USEC Inc.'s struggling uranium enrichment plant project, which would provide a major boost for USEC at a time when it is pressing for a federal loan guarantee from the Energy Department.rnMeanwhile, DOE announced Thursday that it has granted a conditional $1.8 billion federal loan guarantee to USEC competitor Areva-the nuclear services giant owned by the French government-for an enrichment plant that Areva plans to build in Idaho.