Trump admin provides $1B federal loan to restart Three Mile Island nuclear reactor [FOX Business Network]
Constellation Energy Corporation - When-Issued (CEG)
Company Research
Source: FOX Business Network
The Trump administration said Tuesday that it is providing a $1 billion loan to Constellation Energy to help restart the nuclear reactor at the former Three Mile Island plant in Pennsylvania. Constellation reached an agreement in late 2024 with Microsoft to restart the 835-megawatt reactor, which ceased operations in 2019 but wasn't fully decommissioned, and would offset the electricity consumption of Microsoft's data center. The other unit at the power plant, which was renamed the Crane Clean Energy Center, closed in 1979 after an accident. The $1 billion loan was issued by the Energy Department's Loan Programs Office through the Energy Dominance Financing, which was established under the One Big Beautiful Bill Act. The move follows an executive order from President Donald Trump that called for restarting nuclear power plants. Energy Secretary Chris Wright said that the U.S. is "taking unprecedented steps to lower energy costs and bring about the next American nuclear renaissa
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CEG
News
- Constellation Energy Gets Final Regulatory Clearance for Calpine Acquisition [Yahoo! Finance]Yahoo! Finance
- Constellation Reaches Resolution With U.S. Department of Justice for Calpine TransactionBusiness Wire
- Franklin Utilities Fund Q3 2025 Commentary [Seeking Alpha]Seeking Alpha
- How families could get stuck with higher electric bills if the AI data center boom goes bust [CNBC]CNBC
- Constellation Energy Becoming The AI Grid's Most Valuable Power Asset [Forbes]Forbes
CEG
Earnings
- 11/7/25 - Miss
CEG
Sec Filings
- 11/21/25 - Form 8-K
- 11/18/25 - Form 8-K
- 11/12/25 - Form 8-K
- CEG's page on the SEC website