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DOE offers Constellation $5 billion loan for nuclear uprates
DOE has committed a conditional loan of up to $5 billion to Constellation to boost output at 15 reactors across eight plants in Illinois, Maryland and Pennsylvania, covering up to 80 percent of eligible uprate costs. The loan follows Constellation's 20-year deal with Google to add 890 MW through uprates at 11 PJM plants. Constellation is also marketing hybrid capacity contracts that pair its existing fleet with new capacity; the items show no scheduled next steps. · 2d ago
Forces, money & more EnergyIn the News
1 article in the past 3 days · 3 earlier4Thursday, Nov 12 1
2d agoANS Nuclear NewswireConstellation Q3 updates: New Peak+, uprates, restart, midterm elections
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Wednesday, Nov 11 1
Wednesday, Oct 28 1
Oct 28Canary MediaOriginalThe DOE announces $5B loan to Constellation for nuclear uprates
Thursday, Oct 8 1
Oct 8Canary MediaEarliestOriginalConstellation and Google go in on nuclear uprates to unlock clean power
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