Secret sweetheart deal for Georgia nuclear reactors puts taxpayers at risk

Earlier this week, shocking news was released regarding $6.5 billion in taxpayer-backed federal loan guarantees for two new nuclear reactors at Plant Vogtle in Georgia. Two partners in the project, Georgia Power (subsidiary of Southern Co.) and Oglethorpe Power, had to pay $0, zip, nothing for something known as the “credit subsidy fee” — essentially […]