The app has cleared an initial review and has reached the stage where specific terms are being negotiated.

The Post explains that the loan would ensure federal financial support for the deal.

NuScale Power Corp says its six-reactor, 462-megawatt Carbon Free Power Project should be operational by 2030.

Reopening Three Mile Island nuclear plant for Microsoft data centers could cost taxpayers $1.6 billion

It’s hoped that small nuclear reactors like these could be used tosolvedata centers' sustainable power problem.