nuclear-news

Energy Department loans $1B to help finance the restart of nuclear reactor on Three Mile Island.

The U.S. Department of Energy said Tuesday that it will loan $1 billion to
help finance the restart of the nuclear power plant on Pennsylvania’s
Three Mile Island that is under contract to supply power to data centers
for tech giant Microsoft. The loan is in line with the priorities of
President Donald Trump’s administration, including bolstering nuclear power
and artificial intelligence.For Constellation Energy, which owns Three Mile
Island’s lone functioning nuclear power reactor, the federal loan will
lower its financing cost to get the mothballed plant up and running again.
The 835-megawatt reactor can power the equivalent of approximately 800,000
homes, the Department of Energy said.

Daily Mail 18th Nov 2025, https://www.dailymail.co.uk/wires/ap/article-15304171/Energy-Department-loans-1B-help-finance-restart-nuclear-reactor-Three-Mile-Island.html

November 22, 2025 - Posted by Christina Macpherson | business and costs, politics, USA