Palisades is an 805 MW nuclear reactor in Covert Township on Lake Michigan being restarted by Holtec International.

The DOE is providing a 300 million. As of September 2024, all funding has been secured to restart the reactor by the end of 2025 if NRC approvals are granted.1

Per CNBC, it sounds like the energy from Palisades is committed via a PPA, but not for AI/data centers:

Quote

In the case of Palisades, the power is spoken for by Wolverine Power Cooperative, a nonprofit that provides electricity to rural communities in Michigan.

Footnotes

  1. Michigan nuclear plant finalizes federal loan to support first reactor restart in U.S. history