Constellation Secures $1B Loan for Nuclear Restart
Update: 2025-11-19
Description
Constellation Energys shares surged after securing a $1 billion federal loan for restarting a nuclear reactor at Three Mile Island, aiming to meet the rising demand for reliable power sources, particularly from AI data centers. The companys CEO, Joe Dominguez, praised the governments decision, while a twenty-year agreement with Microsoft further emphasizes the growing reliance on stable energy supplies, including nuclear power.
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