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NEWS RELEASE: Energy Northwest’s next-generation new nuclear feasibility gets a $10M boost with Puget Sound Energy investment

Jan 12, 2024•over 1 year ago

Amount Raised

$10 Million

RichlandUtilities

Investors

Puget Sound Energy

Description

Energy Northwest announced an agreement with Bellevue-based Puget Sound Energy to accelerate the feasibility program for a next-generation nuclear energy facility, with a $10 million investment by Puget Sound Energy. This collaboration aims to explore advanced small modular reactors and enhance the region’s clean energy capabilities.

Company Information

Company

Energy Northwest

Location

Richland, Washington, United States

About

Energy Northwest is a Washington state public power joint operating agency and a premier provider of carbon-free electricity. Energy Northwest comprises 28 public power member utilities, serving more than 1.5 million customers, and provides its members and regional customers with safe, reliable, cost-effective, responsible power generation and innovative energy and business solutions. The agency owns and operates hydroelectric, solar, battery storage, wind and the Northwest’s only nuclear power facility. Energy Northwest also explores transportation electrification and new generation projects to the benefit of public power.

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