The Trump administration will provide $17.5 billion in loans to promote the construction of large nuclear power plants in the United States According to Golden Finance, on June 24th, the Trump administration will provide $17.5 billion in loans to support utility companies in ordering reactor equipment designed by Westinghouse Electric Co. This move aims to revitalize the construction of large nuclear power plants in the United States. The funding announced by the US Department of Energy on Tuesday will be provided in a conditional form, including up to five loans, to utility companies and other energy companies that will each build two reactors. The US Department of Energy stated that Westinghouse Electric has signed letters of intent with seven potential partners, and the construction sites for all related projects have been determined. The department stated that the names of relevant utility companies will not be disclosed until the final list is determined. US President Donald Trump sees nuclear reactors as the core source of electricity for data centers and economic growth. The executive order he signed last year called for the construction of 10 large traditional nuclear reactors in the United States by 2030, and proposed a goal to triple the national nuclear power installed capacity to 400 gigawatts.