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United States of America: Introduction of tax credits worth USD 148.5 million for X Energy LLC under the Advanced Energy Project Credit Program

Description

On 19 April 2024, the Department of Energy awarded X Energy LLC an investment tax credit worth USD 148.5 million. This funding will support X Energy in building a facility to produce advanced nuclear ...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

19 Apr 2024

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Products

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