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Trump admin provides $1B federal loan to restart Three Mile Island nuclear reactor

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4 weeks ago

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 Departmen...

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4 weeks ago
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