The Trump administration is considering up to $5 billion in financing for Constellation Energy nuclear upgrades, according to BlockBeats.
Conditional loan could add nearly 1.1 GW
The U.S. Department of Energy said the conditional loan commitment is expected to add nearly 1.1 gigawatts of power supply through reactor upgrades in Illinois, Maryland and Pennsylvania. Energy Secretary Wright planned to announce the financing at an Illinois nuclear plant that will supply Google. The financing remains under consideration, and the loan commitment is described as conditional.
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