DOE Loans $1B to Restart Three Mile Island Nuclear Plant for Microsoft
Update: 2025-11-19
Description
The U.S. Department of Energy is providing a $1 billion loan to restart the Three Mile Island nuclear plant in Pennsylvania, which will supply electricity to Microsofts data centers. This aligns with the administrations priorities of strengthening nuclear power and supporting AI initiatives. Constellation Energy, the plants owner, will use the loan to reduce restart costs. The reactor, with a capacity of 835 megawatts, can power around 800,000 homes. The plant, which has been inactive for five years, is expected to be back online in 2027. This loan is part of a $250 billion energy infrastructure program and comes as nuclear power experiences a resurgence due to its potential in combating climate change and meeting rising electricity demands.
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