Constellation Energy Secures $5B Loan for Nuclear Reactor Modernization

• Constellation Energy is reactivating a mothballed nuclear reactor at Three Mile Island in Middletown, Pennsylvania.
• The reactor will primarily serve data centers operated by Microsoft, Google, Amazon, and Meta.
• The company has secured a $5 billion loan from the Department of Energy for this modernization project.
• The new capacity is already committed to power data centers for major tech companies.
• The project aims to provide reliable and sustainable energy for these tech companies' operations.